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When the business operations of two industry leading manufacturers, RedTEergy in the UK and Avalon in the US, faced difficulties, their partners, vanadium mining company Bushveld Mining, suggested that they discuss the merger.
These two companies completed their merger in March of this year and jointly established IninityEnergySystems. Matt Harper, Chief Marketing Officer of Ininity, recently stated in an interview with reporters that Bushveld played an important coordinating role in its merger process. After its establishment, Ininity was committed to deploying more battery energy storage projects and is now focusing on reducing battery energy storage systems, costs, and accelerating business growth.
Harper said, "The cost of our current liquid flow battery products has decreased by 20% to 30% compared to the liquid flow battery produced by RedT company a year ago, and has significantly improved the service life and reliability of the liquid flow battery. We will continue this process
Harper is a co founder of Avalon Corporation. He stated that the newly established Ininity company will benefit from RedT's proprietary processing and manufacturing technology, as well as Avalon's system level technology and modularity.
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