ESS Tech Inc (GWH)

[StockLogistics]

Good price imo to jump back in before a large increase in SP

[StockLogistics]

Investors like the technology but they are looking for news to confirm that the technology is solving problems

[StockLogistics]

Everyday the world wakes up desperate for innovative energy solutions, the time is now

[StockLogistics]

Trying to close at 80.01 on the Williams %R then turn higher as iron batteries demand increases with ban on Russian oil imports. This stock can be 30, 40 dollars a share in anticipation and 10x higher when it begins to exclusively solve or lead the world in providing massive amounts of energy via a a more abundant resource than lithium..

[StockLogistics]

The world is in desperate need of energy sources as not enough refineries and no plans to build more. Globally, refineries were shut down during pandemic or are in the process of being refurbished, leaving a emergency void that alternate energy must fill as economies reopen and summer approaches. Further, Ukraine made a special wiring part for combustion engines leaving tremendous incentive to switch to EV quickly. Perfect storm for GWH’s technology to step in.

[StockLogistics]

Gap fill led to higher prices, looking for much higher therefore going forward as energy, especially in Europe, is a primary necessity.

[StockLogistics]

4.09 gap filled in chart

[StockLogistics]

He’s not funding the company enough to prevent dilution, he could buy a million shares that doesn’t negate the legalized theft known as dilution

[WallStBets]

How do you know he's not planning on buying more? The company is selling shares, why would he float all shareholders when he could fund the company by buying more shares?

[StockLogistics]

The whole point of this stock is that Bill Gates is involved, if the richest guy has to sell shares to fund a stock that’s not good imo

[novicetrader]

More shares is always bad

,maybe true when one simply looks at it from an individual shareholder's viewpoint.But from a company's standpoint,they have to do what they have to do,to be sustainable for the long run.My point is offerings are all not negative, depends on the terms of the offering.If they sell at a huge discount, then yes they're bad for us.So,waiting to see what they price the offering at,am a bit surprised they haven't disclosed the price yet.

[StockLogistics]

More shares is always bad, you want the company to sell a product or service, not shares that dilute the value of what shareholders own. Why doesn’t bill gates just fund the company with his own money.

[novicetrader]

Offerings aren't always bad.Waiting to see what this is going to be priced at,that's the key point.

[StockLogistics]

5 million share offering by company not good 12/27

[WeTheMarket]

ESS Iron Flow Batteries Getting Installed as Part of SDG&E’s Innovative Microgrid to Supply Fire-Prone Community with Safe, Clean Sustainable Energy
December 20 2021, Business Wire
https://ih.advfn.com/stock-market/NYSE/ess-tech-GWH/stock-news/86858168/ess-iron-flow-batteries-getting-installed-as-part

Solar power and non-flammable long-duration energy storage will support critical facilities during emergencies

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 its iron flow batteries are being deployed by San Diego Gas & Electric (SDG&E) in a microgrid project that will strengthen community resilience and back up critical resources in the town of Cameron Corners, California.

The ESS solution will be paired with a large on-site solar array to create a zero-emissions microgrid to support numerous critical community facilities – including a fire station, a health center, and key telecommunications equipment – during Public Safety Power Shutoff (PSPS) events. The first-of-its-kind, utility-scale project will utilize six ESS second-generation Energy Warehouse™ systems to provide up to 3 megawatt-hours (MWh) of stored energy capacity. When the microgrid is not in use, the energy stored in the ESS system will be bid into the California wholesale energy market to earn revenue while supporting grid reliability.

“The Cameron Corners Microgrid Project symbolizes SDG&E’s commitment to keeping our customers safe and building resilience against wildfires and extreme weather,” said Don Balfour, Advanced Clean Technology Program Manager at SDG&E. “By pioneering zero-emissions microgrids, SDG&E seeks to meet the reliability and resiliency needs of our customers as climate change presents growing challenges.”

“SDG&E has demonstrated global leadership in addressing the reliability challenges caused by climate change. This project will demonstrate how microgrids can benefit customers in California and beyond,” said Eric Dresselhuys, ESS Inc. CEO. “ESS is proud to collaborate with SDG&E on this project and to offer a safe, sustainable long-duration energy storage solution to help utilities and energy users achieve their clean energy and resiliency goals.”

The ESS energy storage solution will be integrated with a solar PV array and into SDG&E’s local area distribution controller (LADC) to ensure multi-day continuity of services to first responders and critical customer loads in a remote location. The Cameron Corners Microgrid Project is scheduled to come online in the first quarter of 2022.

In recent years, the need for microgrid-based energy resilience has become more critical, due to the sharp increase in extreme weather events and wildfires across the Western U.S. According to the latest U.S. Department of Energy data, there are now 575 operational microgrids in the U.S., totaling 4.25 gigawatts (GW).

About ESS Inc.

ESS Inc. (NYSE:GWH) designs, builds and deploys environmentally sustainable, low-cost, iron flow batteries for long-duration commercial and utility-scale energy storage applications requiring from 4 to 12 hours of flexible energy capacity. The Energy Warehouse™ and Energy Center™ use earth-abundant iron, salt, and water for the electrolyte, resulting in an environmentally benign, long-life energy storage solution for the world’s renewable energy infrastructure. Established in 2011, ESS Inc. enables project developers, utilities, and commercial and industrial facility owners to make the transition to more flexible, non-lithium-ion storage that is better suited for the grid and the environment. For more information, visit www.essinc.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211220005870/en/

Investors:
Erik Bylin
[e-mail]

Media:
Gene Hunt
Trevi Communications, Inc.
978-750-0333 x.101
[e-mail]

[speki2421]

With ESS, Inc. as a contributing author, report details how LDES will play a crucial role in limiting the rise in global temperatures to 1.5degC
WILSONVILLE, Ore.--(BUSINESS WIRE)--November 23, 2021--

ESS, Inc. ("ESS" or the "Company") (NYSE:GWH), a U.S. manufacturer of long-duration batteries for utility-scale and commercial energy storage applications, announces the publication of the Long-Duration Energy Storage (LDES) Council's LDES report, with ESS as a contributing author and founding member. The LDES report documents how the world's power systems can become carbon net-zero by deploying long-duration energy storage systems to store renewable power such as wind and solar.

The newly formed CEO-led Council, which debuted at COP 26, published the report to detail the application of LDES technologies, the flexibility requirements needed in high-renewables future power grids, and the investment and unlocks required.

"Long-duration energy storage technology is essential for enabling grid decarbonization at scale," said Eric Dresselhuys, ESS, Inc. CEO. "This report provides insightful, actionable information to help accelerate transformation of the world's energy systems. ESS is proud to be a founding member of the LDES Council and to be delivering solutions today that will help our clients in achieving their net-zero carbon objectives."

The report provides beneficial information for governments and grid operators on how LDES technologies can help achieve decarbonization at the lowest overall cost to society. It offers the following conclusions and deployment suggestions:
-- 85-140 TWh of long-duration energy storage (>8 hours) can be deployed
globally by 2040 to enable power grids to become carbon net-zero,
eliminating between 1.5 to 2.3 Gt of CO2 currently produced annually.
This will require an estimated investment of $1.5 trillion to $3
trillion.

-- With LDES, renewable sources (rather than fossil fuels) can address grid
energy imbalances, which is equivalent to 10-15% of total emissions in
today's power sector.

-- A suggested LDES deployment plan over the next decades can coincide with
recent pledges to deliver net-zero nationally, including the commitment
by the UK for a net-zero power system by 2035, and similar commitments by
the US, Australia and India with later timescales.

-- There is increasing momentum behind LDES deployments, with around $3
billion invested in LDES technology companies in the last five years, and
an expected 25-35 GW/1TWh of capacity to be deployed globally by 2025
with approximately $50 billion investment.

ESS collaborated with 24 other founding Council members in creating the report. The Council's findings were based on advanced power systems modeling using more than 10,000 data points supplied by LDES Council technology providers. The findings were developed in collaboration with McKinsey & Company as its knowledge partner, who supported insight development and analysis.

To view the full LDES report, visit ldescouncil.com/publication.

About ESS, Inc.

ESS, Inc. (NYSE:GWH) designs, builds and deploys environmentally sustainable, low-cost, iron flow batteries for long-duration commercial and utility-scale energy storage applications requiring from 4 to 12 hours of flexible energy capacity. The Energy Warehouse(TM) and Energy Center(TM) use earth-abundant iron, salt, and water for the electrolyte, resulting in an environmentally benign, long-life energy storage solution for the world's renewable energy infrastructure. Established in 2011, ESS, Inc. enables project developers, utilities, and commercial and industrial facility owners to make the transition to more flexible non-lithium-ion storage that is better suited for the grid and the environment. For more information, visit www.essinc.com.

About the LDES Council

The LDES Council is a global, CEO-led organization that strives to accelerate decarbonization of the energy system at lowest cost to society by driving innovation, commercialization, and deployment of long-duration energy storage.

The LDES Council provides fact-based guidance and information to governments, industry, and broader society, drawing from the experience of its members, which include leading energy companies, technology providers, investors, and end-users.

Full List of 24 founding members:

Alfa Laval, Ambri, Azelio, Baker Hughes, BP, Breakthrough Energy, CellCube, Ceres Power Holdings PLC, Echogen Power Systems, Energy Dome, Enlighten Innovations Inc., EOS Energy Enterprises, Inc., ESS, Inc., e-Zinc, Form Energy, Inc., Greenko Group, Highview Power, Malta Inc., NEOM, Quidnet Energy, Redflow Limited, Rio Tinto, Siemens Energy, Stiesdal

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 "anticipate", "believe", "continue", "could", "estimate", "expect", "intends", "may", "might", "plan", "possible", "potential", "predict", "project", "should", "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. 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 presentation. 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. 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211123005581/en/

CONTACT: For ESS, Inc.:

Investors:

Erik Bylin

[e-mail]

Media:

Gene Hunt

Trevi Communications, Inc.

978-750-0333 x.101

[e-mail]

SOURCE: ESS, Inc.
Copyright Business Wire 2021


> Dow Jones Newswires

November 23, 2021 08:00 ET (13:00 GMT)

[XenaLives]

Still watching...

[slef]

I know funny. They made the council and were an author in saying their services were needed.
Priceless

[speki2421]

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
8:00 AM ET 11/23/21 | BusinessWire

With ESS, Inc. as a contributing author, report details how LDES will play a crucial role in limiting the rise in global temperatures to 1.5degC
WILSONVILLE, Ore.--(BUSINESS WIRE)--November 23, 2021--

ESS, Inc. ("ESS" or the "Company") (NYSE:GWH), a U.S. manufacturer of long-duration batteries for utility-scale and commercial energy storage applications, announces the publication of the Long-Duration Energy Storage (LDES) Council's LDES report, with ESS as a contributing author and founding member. The LDES report documents how the world's power systems can become carbon net-zero by deploying long-duration energy storage systems to store renewable power such as wind and solar.

The newly formed CEO-led Council, which debuted at COP 26, published the report to detail the application of LDES technologies, the flexibility requirements needed in high-renewables future power grids, and the investment and unlocks required.

"Long-duration energy storage technology is essential for enabling grid decarbonization at scale," said Eric Dresselhuys, ESS, Inc. CEO. "This report provides insightful, actionable information to help accelerate transformation of the world's energy systems. ESS is proud to be a founding member of the LDES Council and to be delivering solutions today that will help our clients in achieving their net-zero carbon objectives."

The report provides beneficial information for governments and grid operators on how LDES technologies can help achieve decarbonization at the lowest overall cost to society. It offers the following conclusions and deployment suggestions:
-- 85-140 TWh of long-duration energy storage (>8 hours) can be deployed
globally by 2040 to enable power grids to become carbon net-zero,
eliminating between 1.5 to 2.3 Gt of CO2 currently produced annually.
This will require an estimated investment of $1.5 trillion to $3
trillion.

-- With LDES, renewable sources (rather than fossil fuels) can address grid
energy imbalances, which is equivalent to 10-15% of total emissions in
today's power sector.

-- A suggested LDES deployment plan over the next decades can coincide with
recent pledges to deliver net-zero nationally, including the commitment
by the UK for a net-zero power system by 2035, and similar commitments by
the US, Australia and India with later timescales.

-- There is increasing momentum behind LDES deployments, with around $3
billion invested in LDES technology companies in the last five years, and
an expected 25-35 GW/1TWh of capacity to be deployed globally by 2025
with approximately $50 billion investment.

ESS collaborated with 24 other founding Council members in creating the report. The Council's findings were based on advanced power systems modeling using more than 10,000 data points supplied by LDES Council technology providers. The findings were developed in collaboration with McKinsey & Company as its knowledge partner, who supported insight development and analysis.

To view the full LDES report, visit ldescouncil.com/publication.

About ESS, Inc.

ESS, Inc. (NYSE:GWH) designs, builds and deploys environmentally sustainable, low-cost, iron flow batteries for long-duration commercial and utility-scale energy storage applications requiring from 4 to 12 hours of flexible energy capacity. The Energy Warehouse(TM) and Energy Center(TM) use earth-abundant iron, salt, and water for the electrolyte, resulting in an environmentally benign, long-life energy storage solution for the world's renewable energy infrastructure. Established in 2011, ESS, Inc. enables project developers, utilities, and commercial and industrial facility owners to make the transition to more flexible non-lithium-ion storage that is better suited for the grid and the environment. For more information, visit www.essinc.com.

About the LDES Council

The LDES Council is a global, CEO-led organization that strives to accelerate decarbonization of the energy system at lowest cost to society by driving innovation, commercialization, and deployment of long-duration energy storage.

The LDES Council provides fact-based guidance and information to governments, industry, and broader society, drawing from the experience of its members, which include leading energy companies, technology providers, investors, and end-users.

Full List of 24 founding members:

Alfa Laval, Ambri, Azelio, Baker Hughes, BP, Breakthrough Energy, CellCube, Ceres Power Holdings PLC, Echogen Power Systems, Energy Dome, Enlighten Innovations Inc., EOS Energy Enterprises, Inc., ESS, Inc., e-Zinc, Form Energy, Inc., Greenko Group, Highview Power, Malta Inc., NEOM, Quidnet Energy, Redflow Limited, Rio Tinto, Siemens Energy, Stiesdal

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 "anticipate", "believe", "continue", "could", "estimate", "expect", "intends", "may", "might", "plan", "possible", "potential", "predict", "project", "should", "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. 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 presentation. 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. 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211123005581/en/

CONTACT: For ESS, Inc.:

Investors:

Erik Bylin

[e-mail]

Media:

Gene Hunt

Trevi Communications, Inc.

978-750-0333 x.101

[e-mail]

SOURCE: ESS, Inc.
Copyright Business Wire 2021


> Dow Jones Newswires

November 23, 2021 08:00 ET (13:00 GMT)

[StockLogistics]

“Could LBRMF be one of these potential contracts?

(1) Our $8.0 billion pipeline of visible potential opportunities for 2021 through 2027 was determined based on named projects with customers ESS has spoken to and signed non-disclosure agreements to discuss the projects. Within our pipeline, we classify opportunities as (i) booked (ESS and the potential customer have signed a contract and ESS has received a purchase order), (ii) awarded (ESS has been notified by a customer that they have been selected for a potential contract), (iii) negotiating (ESS and the potential customer are negotiating a potential contract) and (iv) qualifying (ESS and the potential customer are determining whether move forward with contract negotiations). “

Dow Jones Newswires

November 15, 2021 18:09 ET (23:09 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.

LBRMF says they have a memo of understanding in place with an Iron trading entity in their latest filing .

LBRMF’s management should be on the phone every day with Bill Gates about the amount of tons of Iron on these projects, Gates would be able to get a better deal for Iron from a small company or be able to own the Iron project outright with an acquisition rather than having to purchase Iron on the market at market prices in the future. All imo.”

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166818580

[WeTheMarket]

ESS Applauded by Frost & Sullivan for Pioneering Environmentally Friendly Long-duration Iron Flow Batteries
November 16 2021 - 09:00AM, PR Newswire (US)
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. Inc. (NYSE:GWH) with the 2021 North American Technology Innovation Leadership Award for pioneering the design, development, and manufacturing of environmentally friendly long-duration energy storage systems. Its innovative iron flow battery technology supports renewable energy generation by providing energy storage that can discharge for up to 12 hours, with an operating life of more than 20 years. Unlike conventional Li-ion batteries, ESS's iron flow battery offers minimal capacity fade or degradation over its entire operating life. Importantly, the battery is substantially recyclable and uses safe, earth-abundant materials that do not negatively impact the environment during sourcing or production.

"ESS manufactures long-duration iron flow batteries that use food-grade, earth-abundant iron, salt and water for its electrolyte. Long-duration energy storage is widely recognized as a critical enabling technology for a highly decarbonized grid powered by intermittent renewables like solar and wind," said Sharath Thirumalai, Industry Analyst. "These batteries offer great value to utilities, project developers, and commercial and industrial end users seeking to minimize costs, reduce carbon emissions, and avoid power outages."

ESS's proprietary battery module design and control system use the same iron chloride solution at both the negative and the positive electrodes, eliminating the risk of cross-contamination and enabling numerous cycles of operation without performance or capacity degradation. Its innovative flow battery generation process reduces plumbing requirements by 60 percent, doing away with the need for cost-intensive and space-consuming cell stack racking. The closed-loop plumbing also greatly diminishes electrolyte evaporation loss and allows the batteries to function at operating temperatures ranging from -5 degrees Celsius to 50 degrees Celsius, and near-atmospheric pressure conditions.

Another key benefit of ESS's battery chemistry is that its levelized cost of storage (LCOS) is in the range of 0.05 to 0.06 $/kWh, which corresponds to a cost advantage of roughly 3-4 times compared to conventional battery technologies. Unlike conventional Li-ion batteries, ESS's iron flow batteries contain no toxic materials, face minimal supply chain risks, and are substantially recyclable. These unique properties allow users to become less carbon-intensive across a wide range of behind-the-meter and front-of-the-meter applications. Such an approach is a best practice that differentiates ESS from competitors.

"Going forward, ESS has a clear growth trajectory," noted Thirumalai. "First, the company's long-duration battery systems will be a key enabler for unlocking the full range of renewable energy benefits. The expansion of green hydrogen use cases and system deployments could also become a driver for growth – absorbing excess renewable generation to power hydrogen electrolyzers. Another area is energy storage as a service: providing leased systems for short- and long-term use in applications that require more than four hours of daily cycling."

Each year, Frost & Sullivan presents this award to the company that has demonstrated uniqueness in developing and leveraging new technologies that deliver significant customer value. Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion. Contact us: Start the discussion.

Contact:

Lindsey Whitaker
P: [phone]
E: [e-mail]

About ESS. Inc.

ESS Inc. (NYSE: GWH) designs, builds and deploys environmentally sustainable, low-cost, iron flow batteries for long-duration commercial and utility-scale energy storage applications requiring from 4 to 12 hours of flexible energy capacity. The Energy Warehouse™ and Energy Center™ use earth-abundant iron, salt, and water for the electrolyte, resulting in an environmentally benign, long-life energy storage solution for the world's renewable energy infrastructure. Established in 2011, ESS Inc. enables project developers, utilities, and commercial and industrial facility owners to make the transition to more flexible non-lithium-ion storage that is better suited for the grid and the environment. For more information, visit www.essinc.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/ess-applauded-by-frost--sullivan-for-pioneering-environmentally-friendly-long-duration-iron-flow-batteries-301425063.html

[Noonehasthisusername]

Nice move up today,

Any recent news??

[Jess070283]

Load up Cowen upgrades price target!$

[WeTheMarket]

Flip the Switch on Your Speculative SPAC Holdings With ESS Tech
GWH stock lets audacious investors reimagine the grid and potentially capture financial gains
1h ago · By David Moadel, InvestorPlace Contributor
https://investorplace.com/2021/11/flip-the-switch-on-your-speculative-spac-holdings-with-gwh-stock/

Get ready for a standout special purpose acquisition company (SPAC) that just completed its initial public offering (IPO). With the still-fresh debut of ESS Tech (NYSE:GWH), you can take a position in an intriguing clean-energy tech company — and best of all, GWH stock is still cheap.

Think about how “dirty” and inefficient traditional batteries are. They tend to pollute the Earth. On top of that, they typically don’t store energy for very long, so you have to replace them frequently.

ESS Tech is an innovative business that’s almost single-handedly trying to solve this problem. I say “almost” because there are other companies that are helping ESS Tech to go public, and thereby raise capital from the shareholders.

You could be one of those shareholders, and thereby support the future of sustainable battery technology. For all we know, GWH could be a $50 or even $100 stock someday — but for the time being, let’s just cover the basics.

A Closer Look at GWH Stock
It’s going to get complicated for a moment, so get ready.

ESS Tech is a portfolio company of Pangaea Ventures. It went public through a business combination with a SPAC known as Acon S2 Acquisition, which previously traded on the Nasdaq Exchange as STWO stock.

Did you follow all of that? If not, don’t worry. It gets easier from here.

As InvestorPlace contributor Chris MacDonald reported, GWH stock debuted for public trading on the New York Stock Exchange on Oct. 12. The share price shot up briefly to $28.92 on that day. However, within a couple of days, it retraced back to $16 and change.

At the end of October, GWH stock was still slightly above $16. So, you haven’t missed the window of opportunity with ESS Tech yet, as the shares are still quite affordable.

ESS Tech Wants to Transform the Grid
Founded in 2011, Oregon-based ESS Tech is in the energy storage business. To be more specific, the company commercializes batteries that are comprised mainly of iron, salt and water. That’s important, as these are known to be readily available and safe resources.



ESS Tech’s battery stores energy for four to 12 hours. This makes it ideal for powering renewable energy sources, like solar and wind.

Clearly, ESS Tech is an ambitious company, as its battery technology apparently has the potential to transform the power grid — at least, according to the investor presentation.

In pursuit of this objective, ESS Tech should be off to a good start (fiscally speaking.) The company raised approximately $308 million from the SPAC merger deal.

On top of that, here’s a bit of trivia to pique your interest: ESS Tech even has the financial backing of tech titan Bill Gates.

The Benefits of Innovative Battery Tech
ESS Tech isn’t the only business that purports to offer cleaner, more efficient energy storage. So, how is its battery different from what the competitors have to offer?

To sum it up, the company’s battery technology offers a number of benefits and advantages, as touted by ESS Tech.

First of all, the battery can replace coal and natural gas with solar and wind power. It offers greater resiliency to unexpected events, as well as improved grid flexibility.

ESS Tech’s battery is environmentally sustainable and can accelerate the clean-energy transition. Plus, from a technical angle, it provides power on demand with a response time of less than one second.

The battery’s materials are non-flammable, non-toxic and present no explosion risk. It’s made of easily sourced materials and recyclable components. Finally, it’s “plug-and-play,” with a 25-year operating life.

Also, in a tweet displaying a picture of what appears to be an ESS Tech energy storage system and a temperature gauge, the company reported yet another benefit:

“Our long-duration iron flow batteries do just fine in extreme weather, as this system running in the 115-degree heat of Nevada proves. No need for HVAC cooling and no risk of fire.”

The Bottom Line on GWH Stock
ESS Tech’s battery is certainly different, but is it superior to other clean-energy batteries available today? That remains to be seen. There are a number of distinct benefits, to be sure.

Given its standout features, feel free to consider a position in GWH stock while it’s still affordable. Supposedly, ESS Tech’s battery doesn’t explode, but the company’s stock might offer explosive price action someday.

[chadlewis78]

ESS Tech : Piper Sandler Starts ESS Tech at Overweight With $30 Price Target

[XenaLives]

I'd like to know more about the participants in the SPAC before I invest though. It seems that many of them crash and burn after listing and you have to catch them after they bottom out.

[XenaLives]

This does look like a game changer...

The superiority of iron flow chemistry: Lowest levelized cost of storage (LCOS)

Zero degradation over 20,000 cycles: Iron flow batteries circulate liquid electrolytes to charge and discharge electrons via a process called a redox reaction. The word “redox” is a contraction of the words “reduction,” which represents a gain of electrons, and “oxidation,” or a loss of electrons. ESS uses the same electrolyte on both the negative and positive sides of the equation, eliminating cross-contamination and degradation. This is why ESS chemistry remains stable for an unlimited number of deep-cycle charge and discharge cycles.

Our patented electrode design and control system, coupled with our simple, yet elegant electrochemistry, allows you to operate longer, at higher efficiency and deeper discharge levels. Unlike typical batteries packaged as fixed cells or modules, a flow battery has significantly more energy storage capacity, which gives the user the flexibility to align both the power and amount of electricity stored precisely to a project’s requirements today and for the future.

https://essinc.com/iron-flow-chemistry/

[XenaLives]

Iron flow batteries...

Powerful technology transforming the utility grid
For most people, iron flow chemistry probably isn’t the first type of battery system that comes to mind. If you really care about clean, reliable, and cost effective long-duration energy storage, it should be.

ESS iron flow battery solutions are mature, second-generation systems that offer unmatched cost and sustainability with performance so dependable, it’s guaranteed through an independent insurer: Munich Re.

Conventional battery chemistries, with limited cycle life, can hope for a 7- to 10-year lifecycle before needing augmentation. ESS iron flow chemistry lasts 20 years or more with no capacity fade or degradation.

https://essinc.com/iron-flow-chemistry/

[XenaLives]

Fort Leonard Wood Study -

Elisa Wood 1/10/2017
The Life and Death Value of Energy Storage in Military Microgrids
microgridknowledge.com/military­microgrids­ess/

At military microgrids in hostile territory, reducing fuel use is more than a green effort; it’s a life­saving endeavor.

Afghanistan offered an eye­opener. Vulnerable to attack, one in 24 U.S. fuel supply convoys resulted in a casualty there, according to an Army study.

“Lives are lost. The fewer tanker trucks they have to take out, the better,” said Bill Sproull, vice president for business development & sales at ESS, a flow battery manufacturer in Portland, Oregon.

To reduce need for fuel at remote military bases, the U.S. Army Corp of Engineers is demonstrating use of energy storage — flow batteries — as a baseload power source in military microgrids.

Installed at Fort Leonard Wood in Missouri, the test project is a precursor to possible use of flow batteries at the military’s forward operating bases, or FOBs. Removed from main bases, these tactical facilities allow for quick military action in what are sometimes remote regions.

The Fort Leonard Wood demonstration uses two 30kW/110kWh ESS’ all­iron flow batteries with ARDA Power battery DC­DC converters.

The battery saves fuel by replacing jet fuel generators as baseload power. Jet fuel generators, often used for remote military microgrids, are inefficient as baseload power. This is because they are built to meet the base peak load requirements, yet typically run at only 25 to 30 percent of that capacity, Sproull said. Instead of acting as baseload power, the generators will charge the long duration batteries when needed.

With the battery serving “a constantly fluctuating load at the FOB, the generator will only be called upon to recharge the energy storage, allowing it to operate at peak fuel efficiency and dramatically reducing refueling logistics requirements,” said Tom Decker, program manager, U.S. Army Corps of Engineers.

Decker also sees the flow battery as a pathway to more renewable energy in military microgrids. The batteries could act as the power source when the wind isn’t blowing or sun isn’t shining. And when the renewables are generating power, any excess energy they create could charge the batteries, reducing use of the fossil fuel generators even more.

More...

https://essinc.com/wp-content/uploads/2021/05/The-Life-and-Death-Value-of-Energy-Storage-in-Military-Microgrids.pdf

[XenaLives]

Interesting concept...

Long-duration storage: The key to leveraging distributed energy resources

Microgrids
Globally, most microgrids often rely on diesel generators, which are expensive and harmful to the planet. ESS delivers a scalable energy storage solution that drives down the cost-per-kWh of electricity while efficiently integrating renewable energy so that even remote locations can be energy independent with enhanced resilience and reliability.

ESS Energy Warehouse™ is a turn-key shipping-container-sized unit with storage capacity of 400 kWh and storage durations of up to 12 hours, enabling microgrid operators to leverage renewable investments and shore up reliability. The ESS Energy Center™ is a battery-in-a-building solution for capacities starting at 3 MW and storage durations ranging up to 12 hours. That makes this solution ideal for campus-sized microgrid installations

https://essinc.com/microgrids-derms-vpps/

[StockLogistics]

GWH could buy the iron producer before Advent Tech does…

“ StockLogistics Tuesday, 10/19/21 08:33:44 AM
Re: XenaLives post# 408 0
Post # of 411
If advent supplies tech to ESS currently then that is good, what ADN could do is buy LBRMF iron producer for $1.00 a share and start supplying ESS with Iron as well, since they already have that business connection it is a worthy acquisition, they should buy before bidding war starts,

“Outstanding Shares
162,364,427
06/30/2021 “

https://www.otcmarkets.com/stock/LBRMF/security

all imo ”

[StockLogistics]

Weren’t most of the warrants turned in before trading as GWH? Why did they trade those warrants in so early ? All imo.

[StockLogistics]

Let’s get the merger/Acquisition going with LBRM# so you can also produce the Iron your tech is revolutionizing imo

[zugisland]

yes but are trading at discount because they are not exercisable yet must be registered with an S1 could be 30 days or way longer according to Etrade corporate actions team .

[speki2421]

ANY NEWS??JUST CHURNING?LOW VOLUME? what exactly is this beast?

[SriMaharaj]

Does anybody know what mean by recent letter update?

We have concluded our assessment of your redacted exhibit[s] for compliance with applicable form requirements and will process your supplemental response and related materials in accordance with your request.

Sincerely,
Division of Corporation Financ

[SriMaharaj]

Warrants, each whole warrant exercisable for one share of common stock at an exercise price of $11.50

[bcapps66]

Shameless plug for a stinky pinky

[StockLogistics]

The tech here is important and amazing, but this stock is a 3 dollar stock that went high on IPO day on the bill Gates name, all the money they raised was redeemed, need to merge with an iron producing stock, better buy LBRMF now bill Gates before the price gets more expensive, initiate merger with Labrador now and maybe your SP won’t plummet these next few weeks, all imo

[powerbattles]

$GWH: WOW !!! Congrats $$$$

[forgetaboutit1]

Oh yeaaaaaaaaa . Retiring on these urge profits!

[powerbattles]

$GWH sweet!

[makinezmoney]

$GWH: $GWH.WS is up to $3.05 now as well


This will definitely crack $30 today



GO $GWH

[KOmani]

Aren't the warrants 4 needed to buy one share at $11.50 ?

Even if the share price is $25

Doesn't that give a value of (($25-11.50)/4)

$3.375 ?

Now the price is starting to pick up.

[makinezmoney]

$GWH: TWENTY SEVEN BABYYYYYYYYYYYYyyyyyyyyyyyyyyyyyyy



HOLY SHITTTTTTTTTTTTTttttttttttttttt............ whatta DAY so far


Amazing Runs there



Lovin it !



GO $GWH

[Pedro2004]

This is a great run.

[makinezmoney]

$GWH: Feels like $HLBZ doesn it ????????


Remember when I was telling you all to get in at $8 ???????



It shot up to $40




GO $GWH

[makinezmoney]

$GWH: WOW....... NOW $26...... up $11/sh since PREMARKET MENTION !!!!!!!!!!



MONEY MONEY MONEY MONEY>......... ENJOY this WINDFALL !!!!!!!!!




GO $GWH

[makinezmoney]

$GWH: Now 23......... BOoooooooommmmmmmm



GO baby goooooooooooooooooooooo



$GOAI is next



GO $GWH

[makinezmoney]

$GWH: It was $STWO SPAC yesterday......... high redemption rate



It'll keep rolling higher



More upside to come



GO $GWH