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.

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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.--(BUSINESS WIRE)---- $GWH #battery--ESS Inc announces an agreement with Portland General Electric (PGE) in Oregon to test and demonstrate the ESS Energy CenterTM platform.

ESS and Portland General Electric Reach Agreement to Demonstrate ESS Energy Center™ Long-Duration Storage System

The news happened yesterday, but the benefit from it appears to be rolling over into a second day of trading.

Why ESS Tech Stock Rallied Another 11% at the Open Today

Baird analyst George Gianarikas initiated ESS Tech Inc. (NYSE:GWH) with an Outperform rating and a price target of $15, implying an upside of 17.6%. ESS Tech manufactures long-duration batteries for commercial and utility-scale energy storage applications.

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WILSONVILLE, Ore.--(BUSINESS WIRE)---- $GWH #batterystorage--ESS announces the deployment of its iron flow batteries by San Diego Gas & Electric (SDG&E) in a microgrid project in Cameron Corners, California.

ESS Iron Flow Batteries Getting Installed as Part of SDG&E's Innovative Microgrid to Supply Fire-Prone Community with Safe, Clean Sustainable Energy

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Inc. announced today that it has successfully completed the restatement of the legacy financial filings from Acon S2 Acquisition Corp.

ESS Tech, Inc. Announces Successful Update to Historical SPAC (Acon S2 Acquisition Corp.) Financials

Oppenheimer analyst Colin Rusch initiated ESS Tech Inc (NYSE:GWH) with an Outperform rating and a price target of $28, implying an upside of 76.66% The analyst says ESS is leveraging its proprietary iron flow battery technology platform into structural cost and performance advantages for stationary storage applications.

Oppenheimer Sees Huge Upside In ESS Tech

The recently public energy storage solutions company is off to a roller-coaster start.

Why ESS Tech Stock Slumped More Than 11% in November

Canaccord analyst Jed Dorsheimer initiated ESS Tech Inc (NYSE:GWH) with a Buy rating and a price target of $18.50, implying an upside of 20%. Dorsheimer notes that the company provides an energy storage option other than lithium-ion.

Canaccord Bullish On ESS Tech, Sees 20% Upside

WILSONVILLE, Ore.--(BUSINESS WIRE)---- $GWH #cop26--ESS contributed to the LDES Council Report that finds up to 140 TWh of long-duration energy storage is needed to enable grid net zero by 2040.

New LDES Council Report Finds Up to 140 TWh of Long-Duration Energy Storage Needed to Enable Grid Net Zero by 2040 at Lowest Cost

Its unique chemistry ensures safety and unlimited charge-discharge cycles with minimal capacity fade SANTA CLARA, Calif., Nov. 16, 2021 /PRNewswire/ -- Based on its recent analysis of the North American long-duration energy storage market, Frost & Sullivan recognizes ESS.

ESS Applauded by Frost & Sullivan for Pioneering Environmentally Friendly Long-duration Iron Flow Batteries

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (NYSE:GWH) (“ESS” or “ESS Inc.”), a U.S. manufacturer of long-duration batteries for commercial and utility-scale energy storage applications, today announced financial results for its third quarter of 2021 ended September 30, 2021. Given the Company's public listing occurred in the current quarter, ESS will not host a conference call related to the third quarter results, but will hold quarterly earnings calls beginning with fourth quarter of 2

ESS Inc. Announces Third Quarter 2021 Financial Results

Some large shareholders are considering selling shares of the long-duration energy storage company.

Why ESS Tech Stock Lost Power Today

WILSONVILLE, Ore.--(BUSINESS WIRE)---- $GWH #COP26--ESS Tech, Inc. announces its participation in the Long-Duration Energy Storage (LDES) Council launched today at COP26.

Long-Duration Energy Storage Council Formed to Achieve Net-Zero Power Grid by 2040

The still-fresh debut of GWH stock means that you can invest in the world's transition away from dirty energy sources, to a clean power grid. The post Flip the Switch on Your Speculative SPAC Holdings With ESS Tech appeared first on InvestorPlace.

Flip the Switch on Your Speculative SPAC Holdings With ESS Tech

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Will also serve as Chair of the ESS Board Audit Committee Will also serve as Chair of the ESS Board Audit Committee

ESS Inc. Welcomes Alexi Wellman to Board of Directors

WILSONVILLE, Ore., Oct. 18, 2021 (GLOBE NEWSWIRE) -- ESS Inc. ( NYSE:GWH ), a U.S. manufacturer of long-duration batteries for commercial and utility-scale energy storage applications, today announced that Chief Executive Officer Eric Dresselhuys will present at the 2021 Milken Institute Global Conference. Dresselhuys will present on the “Energy and Commodity Markets: Structural Bull or Earthbound?” panel on Tuesday, October 19, 2021 at 2:00 pm PT.

ESS Inc. CEO Eric Dresselhuys to Present at Milken Institute Global Conference

ESS Tech is now the third energy storage company to go public via SPAC. They make an iron salt flow battery with a lot of advantages over lithium-ion for energy storage.

ESS Tech: The Blue Sky Energy Opportunity

ESS, Inc. (NYSE: GWH) has started trading on the New York Stock Exchange (NYSE) under the symbol GWH and it surged in its market debut These are the details. The post GWH Stock Surges In Market Debut appeared first on Pulse 2.0.

GWH Stock Surges In Market Debut

Here's what investors may want to know about the incredible start to trading for ESS Tech today as GWH stock soars. The post GWH Stock: 11 Things to Know as ESS Tech Starts Trading Today appeared first on InvestorPlace.

GWH Stock: 11 Things to Know as ESS Tech Starts Trading Today

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PHOENIX, Oct. 12, 2021 /PRNewswire/ - Pangaea Ventures Ltd. (Pangaea) announced today that its portfolio company,  ESS, Inc.

Pangaea Ventures portfolio company ESS Inc. begins trading on the NYSE under the symbol GWH

ESS Inc (NYSE: GWH), the Bill Gates-backed battery maker went public on the New York Stock Exchange on Monday after completing a slated business combination with special purpose acquisition company Acon S2 Investment Corp. The company's stock surged 21.16% on the first day of trading at $10.42 and traded another 37.8% higher in the pre-market session on Tuesdsay. The SPAC deal is expected to bring proceeds of $308 million through the SPAC deal.

This Bill Gates-Backed Renewable Energy Company Has Skyrocketed On NYSE Debut After SPAC Merger

ESS is building long-duration energy storage batteries made of iron, salt and water. It went public on Monday through a SPAC with Acon S2 Investment Corp.

News for ESS Tech Stock (GWH)