ESS Tech

ESS Tech, Inc. is in the research and development phase, engages in the manufacture of iron flow batteries for commercial and energy storage applications. The company was founded by Julia Song and Evans Craig in January 2011 and is headquartered in Wilsonville, OR.

Earnings data Q3 2021

Earnings data Q4 2021

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ESS Tech (GWH) reports record Q4 performance amidst supply chain challenges

ESS Tech (GWH) showcased strong performance in Q4 2022, addressing challenges in the supply chain while capitalizing on market opportunities and strategic partnerships. The company's focus on growth, efficiency, and innovation sets a positive trajectory for future success.

ESS Tech addresses revenue challenges, eyes growth in energy storage

ESS Tech navigated revenue challenges in Q1, focusing on scaling manufacturing and operational improvements.
Positive feedback from industry leaders underscores ESS's technology in achieving energy goals.
Market trends and customer interest in long-duration energy storage solutions offer growth potential for ESS.

ESS Tech (GWH) reports record revenue and strategic partnerships

ESS Tech (GWH) achieved record revenue, strengthened partnerships, and focused on operational efficiency. Acknowledged challenges in overseas projects and emphasized commitment to improvement. Actively pursuing opportunities in energy storage deployment and innovation.

ESS Tech (GWH) reports Q3 revenue growth amidst strategic shifts

ESS Tech (GWH) navigated Q3 with revenue growth targets and strategic partnerships, despite facing challenges in financial performance and operational transitions.
The company's leadership team enhancements and shift towards energy centers position it for future growth and innovation in the energy storage industry.
Analyst inquiries and ongoing adjustments underscore the need for operational efficiency and strategic planning to capitalize on upcoming opportunities and mitigate challenges.

ESS Tech (GWH) reports Q4 revenue shortfall but eyes profitability and growth in 2024

ESS Tech (GWH) navigated Q4 challenges with a focus on growth, cost reduction, and cash management. The company aims for profitability by late 2024 and foresees substantial revenue growth ahead, backed by strong partnerships and market position.

ESS Tech (GWH) reports revenue growth and strategic partnerships in Q1 2024

ESS Tech (GWH) shows progress in revenue growth and operational milestones, despite challenges in achieving profitability. Strategic partnerships and product certifications position the company for expansion and market leadership.

ESS Tech secures $50M funding, aims for profitability by year-end

ESS Tech (GWH) navigated challenges in revenue recognition delays but showcased strengths in securing funding for capacity expansion and advancing partnerships in the energy storage sector. The company's focus on cost reduction, cash management, and achieving profitability by year-end underscores a strategic approach towards financial sustainability. ESS faces opportunities in scaling production, leveraging partnerships, and driving innovation in the evolving energy storage market.

ESS Tech (GWH) reports Q3 revenue challenges, eyes growth opportunities

ESS Tech (GWH) navigated challenges of customer funding delays in Q3 but anticipates improved revenue recognition in Q4. Strong partnerships, new product launches, and strategic focus on financial stability and profitability position the company for growth opportunities in 2024 and beyond.

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ESS Tech, Inc. is a long-duration energy storage company, which specializes in iron flow battery technology. It develops long duration iron flow batteries for commercial and utility-scale energy storage applications requiring four or more hours of flexible energy capacity predominantly using earth-abundant materials. The company was founded by Julia Song and Craig E. Evans in January 2011 and is headquartered in Wilsonville, OR.

WILSONVILLE, Ore. & WASHINGTON--(BUSINESS WIRE)---- $GWH #batteries--ESS Inc. (NYSE:GWH), a leading manufacturer of long-duration iron flow batteries for commercial and utility-scale energy storage applications, in partnership with Citizens for Responsible Energy Solutions (CRES) Forum and the United States Energy Association (USEA), today released an issue brief detailing the critical need for long-duration energy storage (LDES) to create an efficient, low-carbon energy system and avoid the curtailment of renewab

New Analysis Demonstrates Need for Long-Duration Energy Storage to Enable Deployment of Renewable Energy and Achieve Decarbonization

ESS Tech is set to benefit materially from the Inflation Reduction Act as utility-scale energy projects are brought forward. The company is the only publicly listed manufacturer of flow batteries with nontoxic and non-flammable iron and saltwater electrolyte.

ESS Tech: Long-Duration Energy Storage Will Supercharge The Transition To Renewables

WILSONVILLE, Ore. & SACRAMENTO, Calif.--(BUSINESS WIRE)---- $GWH #batteries--ESS Inc. (“ESS”) (NYSE:GWH), a leading manufacturer of long-duration iron flow batteries for commercial and utility-scale energy storage applications, and the Sacramento Municipal Utility District (SMUD), the nation's sixth-largest, community-owned, not-for-profit electric service provider, today announced an agreement to provide up to 200 megawatts (MW) / 2 gigawatt-hours (GWh) of ESS' environmentally safe and sustainable long duration e

Accelerating Decarbonization, ESS Inc. and SMUD Announce Agreement to Deploy up to 200 MW / 2 GWh of Long-Duration Energy Storage Solutions

WILSONVILLE, Ore.--(BUSINESS WIRE)---- $GWH #batteries--ESS Inc. (NYSE:GWH), a leading manufacturer of long-duration iron flow batteries for commercial and utility-scale energy storage applications, today announced changes to its executive leadership team. Vince Canino has been named Chief Operating Officer, adding significant depth to ESS leadership as the Company continues its global expansion. Canino most recently served as CEO and President of the Smardt Chiller Group, having led a global operations team acros

ESS Inc. Announces Leadership Team Expansion

WEST GROVE, Pa. & WILSONVILLE, Ore.--(BUSINESS WIRE)---- $GWH #batteries--ESS Inc. (“ESS”) (NYSE:GWH), a leading manufacturer of long-duration iron flow batteries for commercial and utility-scale energy storage applications, today completed the installation of a microgrid project including an ESS Energy Warehouse™ system at an industrial recycling facility in West Grove, Pennsylvania. The project was developed by TerraSol Energies, Inc., a developer and operator of turnkey solar and storage solutions for commercia

ESS Inc. Installs Energy Warehouse™ System at Pennsylvania Microgrid

The battery storage company had some good news for its investors.

Why ESS Tech Stock Is Soaring Today

ESS Tech, Inc. (NYSE:GWH ) Q2 2022 Earnings Conference Call August 11, 2022 5:00 PM ET Company Participants Erik Bylin - Investor Relations Eric Dresselhuys - Chief Executive Officer Amir Moftakhar - Chief Financial Officer Conference Call Participants Colin Rusch - Oppenheimer Thomas Boyes - Cowen Joseph Osha - Guggenheim Partners Operator Ladies and gentlemen, thank you for standing by. At this time, all participants are in a listening only mode.

ESS Tech, Inc. (GWH) CEO Eric Dresselhuys on Q2 2022 Results - Earnings Call Transcript

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Inc. (NYSE: GWH) today announced a strategic partnership with Energy Storage Industries Asia Pacific (“ESI”) to distribute and manufacture iron flow batteries utilizing ESS technology in Australia, New Zealand and Oceania to meet rapidly growing demand for long-duration energy storage in the region. Under the terms of the agreement, ESS will initially supply 70 complete 75kW / 500kWh Energy Warehouse (EW) systems to ESI in 2022 and 2023. Concurrently, ESI

ESS Announces Strategic Partnership to Deploy Long-Duration Energy Storage in Australia and Deliver an Expected 12 GWh of Iron Flow Batteries

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS,” “ESS, Inc.” or the “Company”) (NYSE:GWH), a leading manufacturer of long-duration iron flow batteries for commercial and utility-scale energy storage applications, today announced financial results for its second quarter of 2022 ended June 30, 2022. “Q2 marked another quarter of meaningful achievements for ESS across product installations, customer wins and operational improvement. Importantly, we reached a significant milestone in reco

ESS Inc. Announces Second Quarter 2022 Financial Results

Payoneer Global

Rivian Automotive

Toast

The three major U.S. equity indexes closed lower on Tuesday. The Dow Jones industrials slipped 0.18% while the S&P 500 lost 0.42% and the Nasdaq fell by 1.15%.

Earnings Previews: ESS Tech, Payoneer, Rivian, Toast

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS,” “ESS Inc.”) (NYSE:GWH), a U.S. manufacturer of long-duration batteries for utility-scale and commercial energy storage applications, announced today that it will hold a conference call on Thursday, August 11, 2022 at 5:00 p.m. EDT to discuss financial results for its second quarter 2022 ended June 30, 2022. The news release announcing the second quarter 2022 financial results will be disseminated on August 11, 2022 after the market clos

ESS Inc. Schedules Second Quarter 2022 Financial Results Conference Call

ESS Tech designs and wants to commercialize utility-scale long-term energy storage technologies. The battery solution includes iron, salt, and water, and offers reduced toxicity and costs.

ESS Tech: Preview Of Important Q2 Earnings

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS,” “ESS Inc.”), a U.S. manufacturer of long-duration batteries for utility-scale and commercial energy storage applications, announced today that ESS management will present at upcoming investor conferences in June. Eric Dresselhuys, chief executive officer, and Amir Moftakhar, chief financial officer, will present virtually at the Cowen 2nd Annual Sustainability & Energy Transition Summit on Tuesday, June 7 at 11:50 a.m. ET. Eric Dres

ESS Inc. to Present at the Cowen 2nd Annual Sustainability & Energy Transition Summit and the Evercore ISI Global Clean Energy & Transition Technologies Summit

ESS Tech, Inc. (NYSE:GWH ) Q1 2022 Earnings Conference Call May 12, 2022 5:00 PM ET Company Participants Erik Bylin – Investor Relations Eric Dresselhuys – Chief Executive Officer Amir Moftakhar – Chief Financial Officer Conference Call Participants Colin Rusch – Oppenheimer Thomas Boyes – Cowen George Gianarikas – Baird Chris Kapsch – Loop Capital Markets Operator Ladies and gentlemen, thank you for standing by. At this time, all participants are in a listening only mode.

ESS Tech, Inc's (GWH) CEO Eric Dresselhuys on Q1 2022 Results - Earnings Call Transcript

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS,” “ESS, Inc.” or the “Company”) (NYSE:GWH), a U.S. manufacturer of long-duration batteries for utility-scale and commercial energy storage applications, today announced financial results for its first quarter of 2022 ended March 31, 2022. “Our team continued to make substantial operational strides in the first quarter. We worked through supply chain challenges and have made significant headway in our efforts to diversify our supplier part

ESS Inc. Announces First Quarter 2022 Financial Results

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS,” “ESS Inc.”) (NYSE:GWH), a U.S. manufacturer of long-duration batteries for utility-scale and commercial energy storage applications, announced today that it will hold a conference call on Thursday, May 12, 2022 at 5:00 p.m. EDT to discuss financial results for its first quarter 2022 ended March 31, 2022. The news release announcing the first quarter 2022 financial results will be disseminated on May 12, 2022 after the market closes. Int

ESS Inc. Schedules First Quarter 2022 Financial Results Conference Call

ESS Tech Inc (NYSE: GWH) coverage has been initiated with a Buy rating and a price target of $10 (implying an upside of 82.5%) by Guggenheim analyst Joseph Osha. The analyst cites ESS as one of a large group of companies over the past two decades aiming to make flow.

Guggenheim Is Bullish On ESS Tech, Sees Significant Upside

WILSONVILLE, Ore.--(BUSINESS WIRE)---- $GWH #energystorage--ESS announces the expansion of its operations into Europe to meet strong demand in the region for long-duration energy storage (LDES) solutions.

ESS Launches in Europe to Meet Demand for Long-Duration Energy Storage

ESS Tech, Inc. (GWH) CEO Eric Dresselhuys on Q4 2021 Results - Earnings Call Transcript

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS,” “ESS, Inc.” or the “Company”) (NYSE:GWH), a U.S. manufacturer of long-duration batteries for utility-scale and commercial energy storage applications, today announced financial results for its fourth quarter and full year ended December 31, 2021. “The world's need for long-duration energy storage is undeniable and the value proposition of our iron flow battery continues to differentiate us in the market. We shipped our first commercial

ESS Inc. Announces Fourth Quarter and Full Year 2021 Financial Results

WILSONVILLE, Ore.--(BUSINESS WIRE)---- $GWH--ESS Inc. appoints Claudia Gast to its Board of Directors.

ESS Inc. Appoints Claudia Gast to its Board of Directors

Essex Property Trust

Essex Property Trust, Inc. (ESS) CEO Michael Schall on Q4 2021 Results - Earnings Call Transcript

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS,” “ESS Inc.”) (NYSE:GWH), a U.S. manufacturer of long-duration batteries for utility-scale and commercial energy storage applications, announced today that it will hold a conference call on Thursday, February 24, 2022 at 5:00 p.m. EST to discuss financial results for its fourth quarter and full year of 2021 ended December 31, 2021. The news release announcing the fourth quarter and full year 2021 financial results will be disseminated on

ESS Inc. Schedules Fourth Quarter and Full Year 2021 Financial Results Conference Call

ESS Tech is bringing iron flow batteries to the public markets. The company's total addressable market is expected to grow to reach $56 billion by 2027.

ESS Tech: Speculative Buy As Green Energy Needs Storage To Be More Viable

Portland General Electric

ESS Tech Inc (NYSE: GWH) has agreed with Portland General Electric Co (NYSE: POR) in Oregon to test and demonstrate the ESS Energy Center platform. Deal terms were not disclosed.

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