Invinity Energy Systems (GB:IES) has released an update.
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Invinity Energy Systems has reported a 511% increase in annual income for 2023, a significant growth in its product pipeline, and remains debt-free with substantial cash reserves following a successful fundraising round. The company is poised to launch a next-generation energy storage product and is witnessing a growing interest in long-duration storage solutions, aligning with global moves towards renewable energy and a net-zero grid.
For further insights into GB:IES stock, check out TipRanks’ Stock Analysis page.
