Why should people take ESS Inc and its pivot to sodium-ion BESS seriously, having failed to deliver on its iron flow battery promises since going public in 2021? We catch up with new CEO Drew Buckley about how he hopes to turn the ship around.
European battery manufacturer and energy storage system integrator InoBat plans to get a Nasdaq listing through a business combination with a special purpose acquisition company (SPAC).
ZincFive, a manufacturer of nickel-zinc battery systems for data centre and AI infrastructure applications, announced on 11 June that it will become publicly traded through a merger with special purpose acquisition company (SPAC) Spark I Acquisition Corporation.
The CEO of ‘All-iron’ flow battery manufacturer ESS Tech Inc (ESS Inc) has resigned, one of a number of steps the company has taken to ‘position it for the future’ after slower-than-expected growth.
System integrator Stem Inc has seen huge falls in quarterly revenue and bookings as it shifts its business model away from BESS hardware solutions towards higher-margin software and service offerings.
Stem Inc has seen its CEO step down while Energy Vault has been warned by the NYSE over its low share price, in a double helping of unfortunate announcements from SPAC-listed energy storage firms.