ESS Celebrates Commercial Launch of Energy Center™ Product
January 16 2025 - 8:00AM
Business Wire
First commercial deliveries to Florida utility
and construction of demonstration Energy Center™ project for
Portland General Electric completed in December.
ESS Tech, Inc. (ESS) (NYSE:GWH), a leading manufacturer of iron
flow long-duration energy storage (LDES) systems for commercial-
and utility-scale applications, today celebrated the first
commercial deliveries of Energy Center™ systems to a major Florida
utility and the completion of construction and initial testing of a
previously announced demonstration for its partner Portland General
Electric (PGE).
The ESS Energy Center™ product represents a significant
advancement in ESS’ safe and sustainable iron flow technology.
Advancements include a 20% increase in electrolyte energy density,
improved energy storage capacity and reduced auxiliary energy
requirements. Taken together, these improvements reduce costs and
increase value for ESS’ customers in comparison to earlier
generation ESS products.
“This has been an excellent opportunity for PGE to partner with
a local manufacturer in advancing alternative energy storage
technologies. Innovations like long duration batteries are key to
providing reliable power to customers throughout the clean energy
transition,” said Colin Solini, PGE Planning Distribution Engineer.
“We look forward to beginning our own testing of the energy storage
center to ensure seamless integration into our system and deliver
long-term benefits to our customers.”
“These milestones represent the culmination of over a year’s
work by an incredibly dedicated ESS product team,” said Eric
Dresselhuys, CEO of ESS. “The market is demanding larger scale and
longer duration storage to ensure grid reliability and resiliency
in a time of growing demand. The Energy Center™ product will play
an important role in meeting that need.”
The Energy Center™ product and ESS’ core technologies have
received numerous certifications to internationally recognized
standards including UL 1973, UL 9540A and IEEE 693 – High, together
demonstrating the superior safety and resilience of ESS’
products.
The company plans to ramp Energy Center™ system production
through the first half of 2025 to meet growing global demand for
long duration energy storage. The solution is well-suited for
addressing a variety of larger-scale front-of-the-meter and
behind-the-meter applications for utilities, independent power
producers and commercial customers.
About ESS Tech, Inc.
At ESS (NYSE: GWH), our mission is to accelerate global
decarbonization by providing safe, sustainable, long-duration
energy storage that powers people, communities and businesses with
clean, renewable energy anytime and anywhere it’s needed. As more
renewable energy is added to the grid, long- duration energy
storage is essential to providing the reliability and resiliency we
need when the sun is not shining, and the wind is not blowing.
Our technology uses earth-abundant iron, salt and water to
deliver environmentally safe solutions capable of providing up to
12 hours of flexible energy capacity for commercial and
utility-scale energy storage applications. Established in 2011, ESS
enables project developers, independent power producers, utilities
and other large energy users to deploy reliable, sustainable
long-duration energy storage solutions. For more information visit
www.essinc.com.
This communication contains certain forward-looking statements,
including statements regarding ESS and its management team’s
expectations, hopes, beliefs, intentions or strategies regarding
the future. The words “anticipate”, “believe”, “continue”, “could”,
“estimate”, “expect”, “intends”, “may”, “might”, “plan”,
“possible”, “potential”, “predict”, “project”, “should”, “will” and
“would” and similar expressions may identify forward-looking
statements, but the absence of these words does not mean that a
statement is not forward-looking. Examples of forward-looking
statements include, among others, statements regarding the
Company’s manufacturing plans, the Company’s order and sales
pipeline, the Company’s ability to execute on orders, the Company’s
ability to effectively manage costs, the Company’s relationship
with its customers and the development and commercialization of the
EC product. These forward-looking statements are based on ESS’
current expectations and beliefs concerning future developments and
their potential effects on ESS. Many factors could cause actual
future events to differ materially from the forward-looking
statements in this communication. There can be no assurance that
the future developments affecting ESS will be those that we have
anticipated. These forward-looking statements involve a number of
risks, uncertainties (some of which are beyond ESS control) or
other assumptions that may cause actual results or performance to
be materially different from those expressed or implied by these
forward-looking statements, which include, but are not limited to,
continuing supply chain issues; delays, disruptions, or quality
control problems in the Company’s manufacturing operations; the
Company’s ability to hire, train and retain an adequate number of
manufacturing employees; issues related to the shipment and
installation of the Company’s products; issues related to customer
acceptance of the Company’s products; and inflationary pressures;
as well as those risks and uncertainties set forth in the section
entitled “Risk Factors” in the Company’s Quarterly Report on Form
10-Q for the three months ended September 30, 2024, filed with the
Securities and Exchange Commission (the “SEC”) on November 14,
2024, and its other filings filed with the SEC. Except as required
by law, ESS is not undertaking any obligation to update or revise
any forward-looking statements whether as a result of new
information, future events or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20250115943878/en/
Investors: Erik Bylin investors@essinc.com
Media: Morgan Pitts 503.568.0755 morgan.pitts@essinc.com
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