Our series of energy storage industry leader interviews at RE+ 2022 continues with iron flow battery company ESS Inc.

A flow battery supply deal will accelerate a California municipal utility’s decarbonisation while derisking that process.

Malaysia-based Reservoir Link has signed a memorandum of understanding (MOU) with an unnamed US-based ‘Iron Flow Long Duration Energy Storage provider’, while ESS Inc tells Energy-Storage.news it is ‘actively exploring’ opportunities in Reservoir Link’s markets.

Increasingly, microgrids often lean on battery storage as a key component, replacing or reducing reliance on diesel and other fossil fuels.

ESS Inc has recognised revenues for the first time since publicly listing, while closing in on a 750MWh targeted annual production capacity.

Iron flow battery company ESS Inc continues to await recognition of revenues, but has “strong confidence” in its trajectory towards profitability.

ESS Inc’s long-duration iron electrolyte flow battery energy storage solution will be deployed in a demonstration and test project in Oregon by utility company Portland General Electric. 

A 20MWh vanadium redox flow battery (VRFB) project is being developed for construction at the site of an existing natural gas peaker plant in California, by South Korea’s H2 Inc.

ESS Inc’s recent special purpose acquisition company (SPAC) merger, which listed the iron flow battery manufacturer’s shares and warrants on the New York Stock Exchange, has raised US$246 million cash.

Shares and warrants of iron flow battery provider ESS Inc have commenced trading on the New York Stock Exchange (NYSE).