ESS joins Energy Storage Industries Asia Pacific at All Energy Australia to
accelerate deployment of iron flow technology in Australia, New Zealand and Oceania
Melbourne, Au. and Wilsonville, Ore. – October 26, 2022 – ESS Inc. (
NYSE: GWH), a
leading U.S.-based manufacturer of iron flow long-duration energy storage (LDES) systems for utility- and
commercial- scale energy storage applications, is celebrating its partnership with Energy Storage Industries Asia
Pacific (ESI) this week at All Energy Australia and underscoring the central role that iron flow technology will
play in a decarbonized Australian energy system.
The agreement between ESS and ESI, announced in August, will accelerate the deployment of grid-scale iron flow
batteries in Oceania and the region’s transition to clean energy. Under the terms of the agreement, ESS will
supply 70 75 kW / 500 kWh Energy Warehouse systems to ESI in 2022 and 2023. Concurrently, ESI is constructing a
facility in Queensland, Au. where final assembly of Energy Warehouse systems is expected to begin in 2024. ESI’s
assembly facility is anticipated to create up to 500 jobs in Australia.
In September, ESS continued to build momentum across the Pacific with the announcement of a partnership with the
Sacramento Municipal Utility District (SMUD). ESS will deliver up to 200 MW / 2 GWh of iron flow storage
solutions to the California utility over the next five years. Included in that agreement are the establishment
of a Center of Excellence for energy storage in Sacramento, and a commitment to workforce training and education
for the next generation of clean energy workers.
In addition to commercial partners and utilities, governments worldwide are increasingly recognizing the need for
LDES. Over the summer, U.S. Energy Secretary Jennifer M. Granholm, U.S. Senators Ron Wyden (D-OR) and Jeff
Merkley (D-OR) and Oregon Governor Kate Brown toured the company’s Wilsonville, Oregon headquarters to observe
the rapidly expanding manufacturing operations of ESS’ innovative iron flow battery systems.
Australian governments have also recognized the need for LDES and established comprehensive decarbonization road
maps to meet climate targets, including the Queensland Government’s target of 80% renewable energy by 2035 as
part of the AU$62 billion Queensland Energy and Jobs Plan. Similarly, Victoria has targeted at least 6.3 GW
energy storage capacity by 2035. Building on its recent growth and success, ESS, in partnership with ESI, is
well positioned to meet the needs of Australian energy customers, building a sustainable, resilient energy
future in the region.
Eric Dresselhuys, CEO of ESS, will speak about the company’s technology and importance of LDES during a panel
discussion at All Energy Australia on Thursday, October 27th. ESS representatives will be available
throughout the conference at booth NN101 to discuss the company’s technology and the need for LDES in a
decarbonized energy system. More information about Eric’s presentation is available here.
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About ESS
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.
Contacts:
Investors:
Erik Bylin
Investors@essinc.com
Media:
Morgan Pitts
503.568.0755
morgan.pitts@essinc.com
Forward-Looking Statements
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“believe”, “could”, “estimate”, “expect”, “intends”, “may”, “might”, “plan”, “possible”, “potential”,
“predict”, “project”, “should”, “would”, “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 the Company’s ability to execute
on orders and the Company’s partnerships with third parties. 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, which include, but are not limited to, delays, disruptions, or quality control problems
in the Company’s manufacturing operations; issues related to the shipment and installation of the Company’s
products; issues related to customer acceptance of the Company’s products; and issues related to the
Company’s partnership with third parties. 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.