Energy-storage.news caught up with executives from two long-duration flow battery energy storage providers, ESS Inc. and Invinity Energy Systems, at the Energy Storage Summit 2022.
ron flow battery provider ESS Inc has revealed a US$477 million net loss in 2021, in its first full-year results since becoming a publicly-traded company on the New York Stock Exchange (NYSE).
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 framework agreement for the deployment of 2GWh of iron electrolyte flow batteries has been signed between manufacturer ESS Inc and SB Energy, the clean energy arm of Japanese telecoms giant Softbank.
Softbank Group’s SB Energy subsidiary is among investors that contributed to a successful US$30 million Series C funding round for ESS Inc, a US-headquartered manufacturer of iron flow batteries that use a proprietary saltwater electrolyte.
Following announcements from various manufacturers of deployments and partnerships in new territories, the latest wave of flow battery news includes an agreement that could put batteries in space for mission critical applications at the likes of NASA and the International Space Station.
First developed by NASA, flow batteries are a potential answer to storing solar – and wind – for eight to 10 hours, far beyond what is commonly achieved today with lithium-ion. In the first of a two-part special report, Andy Colthorpe learns what the flow battery industry faces in the fight for commercialisation.
ESS Inc, US maker of the only flow battery that uses a battery chemistry based on iron and saltwater electrolytes, is making its first incursion into the Brazilian energy storage market.
