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$65 million boost for Queensland long-duration battery manufacturing plant
Australia’s first commercial-scale manufacturing plant for grid-scale, long-duration batteries being built by Energy Storage Industries Asia Pacific has received a $65 million boost through Queensland government and private investment.
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ESS Reverse Stock Split Statement
ESS filed a preliminary proxy statement with the U.S. Securities and Exchange Commission regarding a special stockholder meeting expected to be held on August 23, 2024 to authorize ESS’s Board of Directors to enact a reverse stock split.
Make More in America Initiative to Fund Expansion of ESS’ Long-Duration Energy Storage Manufacturing Capacity
ESS announced that a financing package of $50 million was approved by the Export-Import Bank of the United States (EXIM) Board of Directors under the Make More in America Initiative. This financing will fund the expansion of ESS’ production capacity in Wilsonville, Ore. to meet rapidly growing global demand for LDES.
ESS’ Iron Flow Batteries Selected by Indian Energy and the California Energy Commission to Demonstrate Utility-Scale Resilient Microgrids
ESS Tech, Inc. announced that it will participate in the Rapid Integration and Commercialization Unit (RICU) at Marine Corps Air Station Miramar. The RICU is a venture between Indian Energy, the California Energy Commission (CEC), and the Department of Defense (DOD) to validate LDES technologies.
ESS’s Energy Center Receives Smarter E Innovation Award Underscoring Critical Role of LDES in Clean Energy Transition
ESS announced that its Energy Center™ system was awarded the Smarter E Award for Energy Storage Technologies at the smarter E Award ceremony occurring in advance of Intersolar Europe in Munich, Germany.
ESS and Burbank Water & Power Celebrate Commissioning of First Iron Flow Battery System on BWP EcoCampus
ESS Energy Warehouse™ system will showcase central role of non-lithium, long-duration energy storage technologies in a decarbonized grid. Burbank,...
Giant Batteries Are Transforming the Way the U.S. Uses Electricity
Since 2020, California has installed more giant batteries than anywhere in the world apart from China. They can soak up excess solar power during the day and store it for use when it gets dark. Those batteries play a pivotal role in California’s electric grid, partially replacing fossil fuels in the evening.
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