The trend for mainland China-listed energy storage firms to seek secondary listings on the Hong Kong Stock Exchange shows no sign of abating, writes Carrie Xiao.

Fresh off the New Year holiday, Chinese energy storage companies have rolled out successive updates on their IPO progress.

Energy Vault has got its New York Stock Exchange (NYSE) listing after the gravity-based energy storage company’s merger with special purpose acquisition company (SPAC) Novus Capital Corporation II completed. 

Iron electrolyte flow battery company ESS Inc has become the latest energy storage industry player to target public listing of its stock, announcing a merger with a special purpose acquisition company (SPAC).