ESS Recognized as Leading American Clean Technology Exporter by U.S. Department of Commerce
September 13 2023 - 6:00AM
Business Wire
Award highlights recent projects in Australia
and Europe; reinforces ESS global leadership in long-duration
energy storage
ESS Tech, Inc. (“ESS”) (NYSE: GWH), a leading manufacturer of
long-duration energy storage systems (LDES) for commercial and
utility-scale applications, today announced that it has been
awarded an Export Achievement Certificate by the United States
Department of Commerce for expanding global deployment of its
American-made, innovative long-duration energy storage technology.
ESS was recognized in a ceremony yesterday during RE+ to honor
clean energy technology exporters hosted by Ellen Bohon, Director
of Global Teams for the U.S. Commercial Service, International
Trade Administration.
The Export Achievement Certificate is presented by the U.S.
Department of Commerce to American companies making significant
contributions to exports. Exports of ESS’ iron flow battery systems
have increased significantly over the past year as global demand
for long-duration energy storage continues to grow. Most recently,
in August 2023, the government of Queensland, Australia, announced
two initial utility projects incorporating Energy Warehouse™
systems, manufactured by ESS in the United States and supplied by
ESS’ Australian partner, Energy Storage Industries - Asia Pacific.
These projects are the first of their kind in Australia and will
demonstrate the key role of long-duration energy storage in the
transition of large, baseload coal generation and legacy
distribution networks to clean energy.
In addition to its growing footprint in the Australian market,
ESS recently announced a major partnership with German energy
generator LEAG. The initial agreement includes a 50 MW / 500 MWh
iron flow battery system to be located at the Boxberg Power
Station, a coal-fired generator in Eastern Germany, as a part of
LEAG’s strategy to replace coal with clean energy and deliver green
baseload power. Once completed, the installation is expected to be
the largest flow battery in Europe and one of the largest in the
world.
“ESS is proud to play a leading role in meeting the growing
demand for long-duration energy storage, both here in the U.S. and
around the world,” said Eric Dresselhuys, CEO of ESS. “As we
rebuild the domestic manufacturing base, American companies will be
in a position to compete on a global basis. The support of the U.S.
Government, including the U.S. Commercial Service, has been
critical to driving the global competitiveness of American clean
tech manufacturers.”
“We are pleased to recognize ESS’ success in exporting products
in a new and growing industry, built on American innovation and
manufacturing, to help meet global demand for long-duration energy
storage,” said Bohon. “This certificate recognizes ESS’ successful
export of its clean energy technology to new markets. Exports of
these technologies from companies such as ESS help strengthen our
nation’s position in a competitive global marketplace.”
ESS iron flow technology is safe, sustainable and is
manufactured leveraging a predominantly American supply chain using
widely available, Earth abundant materials. ESS technology is ideal
for applications that require up to twelve hours of flexible energy
capacity. The technology is well-suited for multiple use cases
including utility-scale renewable energy installations, remote
solar + storage microgrids, solar load-shifting and peak shaving,
as well as other ancillary grid services. ESS technology offers a
25-year design life and unlimited cycling without capacity
fade.
Domestic and global demand for ESS’ products is driving the
company’s plans to scale production capacity at its Wilsonville,
Oregon, manufacturing facility up to 2 GWh annually in coming
years.
About ESS, 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
Inc. 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.
About the International Trade Administration’s U.S.
Commercial Service
The U.S. Commercial Service is the trade promotion arm of the
International Trade Administration at the U.S. Department of
Commerce. Its network includes 100+ offices across the U.S. and in
American embassies and consulates in more than 80 international
markets. Whether you’re looking to make your first export sale or
expand to additional markets, we offer the expertise you need to
connect with business opportunities worldwide. For more
information, visit www.trade.gov or contact your local
U.S. Commercial Service Office.
Forward-Looking Statements
This communication contains certain forward-looking statements
regarding ESS and its management team’s expectations, hopes,
beliefs, or intentions regarding the future. The words “estimate”,
“expect”, “will” 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 ESS customers and agreements, the Company’s ability to
scale manufacturing capacity, achieve growth and implement cost
strategies, and the potential customer base. These forward-looking
statements are based on ESS’ current expectations and beliefs
concerning future developments. Many factors could cause actual
future events to differ materially from such expectations,
including, but 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 customer acceptance of the Company’s products; 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 six months ended June 30, 2023, filed with the Securities and
Exchange Commission (the “SEC”) on August 8, 2023, 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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ESS Contacts
Media: Morgan Pitts 503.568.0755
morgan.pitts@essinc.com
Investors: Erik Bylin investors@essinc.com
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