8th Apr 2022 14:05
Invinity Energy Systems PLC - London-based energy storage company - Says Hyosung Heavy Industries, part of South Korean industrial conglomerate Hyosung Corp, successfully concludes test and validation program of battery energy storage system purchased from Invinity back in 2020. The test validates using Invinity's energy storage across Hyosung's portfolio.
Hyosung is one of the largest energy storage and renewable energy project developers in the region, and among South Korea's largest suppliers of electrical equipment. Invinity and Hyosung sign a memorandum of understanding for a non-binding global partnership, with an exclusive relationship in Korea.
Current stock price: 90.00 pence, up 12% on Friday
12-month change: down 42%
By Elizabeth Winter; [email protected]
Copyright 2022 Alliance News Limited. All Rights Reserved.
Related Shares:
Invinity Energy