ESS Tech, Inc. Price, Forecast, Insider, Ratings, Fundamentals & Signals

Wilsonville, ore.--(business wire)--ess tech, inc. (“ess,” “ess, inc.” or the “company”) (nyse: gwh), a leading manufacturer of long-duration energy storage systems for commercial and utility-scale applications, today announced financial results for its first quarter ended march 31, 2024. “i'm pleased with the team's execution in the first quarter, where we again made tremendous progress across a broad number of fronts and achieved $2.7 million in revenue, a seven-fold increase over last year.

Wilsonville, ore.--(business wire)--ess tech, inc. (“ess”) (nyse: gwh), a leading manufacturer of long-duration energy storage systems (ldes) for commercial and utility-scale applications, today announced that it has partnered with sapele power plc (“sapele”), a leading nigerian integrated energy company specializing in power generation, to provide an initial 1 mw / 8 mwh of long-duration energy storage. this agreement represents the largest battery storage system export to africa financed by t.

Amsterdam--(business wire)--ess tech, inc. (ess) (nyse: gwh), a leading manufacturer of long-duration energy storage (ldes) systems for commercial and utility-scale applications, today announced that commissioning has been completed on the initial system installed at amsterdam airport schiphol. this marks the launch of a project designed to reduce carbon emissions by electrifying ground operations. the ess system will enable amsterdam airport schiphol to phase out polluting diesel ground power.

Wilsonville, ore.--(business wire)--ess tech, inc. (“ess,” “ess inc.”) (nyse:gwh), a leading manufacturer of long-duration energy storage systems (ldes) for commercial and utility-scale applications, today announced that it will hold a conference call on tuesday, may 7, 2024 at 5:00 p.m. edt to discuss financial results for its first quarter 2024 ended march 31, 2024. the news release announcing the first quarter 2024 financial results will be disseminated on may 7, 2024 after the market closes.

Wilsonville, ore.--(business wire)--ess tech, inc. (ess) (nyse: gwh), a leading manufacturer of long-duration energy storage systems (ldes) for commercial and utility-scale applications, today announced that the company's energy center product line has passed rigorous testing and meets the requirements for the highest level of ieee 693 certification, a widely-accepted seismic rating for energy infrastructure. this standard provides assurance that the energy center product line qualifies for dep.

ESS Tech, Inc. (NYSE:GWH ) Q1 2024 Results Conference Call May 7, 2024 5:00 PM ET Company Participants Erik Bylin - Head, IR Eric Dresselhuys - CEO Tony Rabb - CFO Conference Call Participants Colin Rusch - Oppenheimer Corinne Blanchard - Deutsche Bank Operator Ladies and gentlemen, thank you for standing by. At this time, all participants are in a listen-only mode.

ESS Tech, Inc. (GWH) Q4 2023 Earnings Call Transcript

Honeywell joined an "A" list of significant investors in ESS Tech on September 25, 2023, buying $27.5 million of stock and prefunding sales commitments. After a brief 43% stock spike, the honeymoon was over and the stock is trading at 95 cents, a decrease of 32% from the close before the Honeywell announcement. Almost immediately after making this investment Honeywell restructured.  One wonders whether the deal would/could have been done post-restructuring.

Investors have many ways to play the “green wave,” or the pivot to a net-zero carbon world, but alongside EV stocks, hydrogen fuel cell stocks, solar stocks and other renewable energy plays, battery stocks are another strong choice. A big reason is that the pivot away from fossil fuels will not happen without advanced battery technology.

What do you consider the best penny stocks? Are they the ones exploding higher within a single session?

The challenge of bringing down the cost of renewables is solved. The new challenge is managing all this cheap power with storage, software, and new transmission/distribution. Right now, LFP lithium batteries are tested, validated, and available in large quantities. They solve today's problems, but not tomorrow's, and bring a host of problems. What's needed is long-duration energy storage. There are many competing technologies, and we are in the pilot program stage.

A very well capitalized partner released details of investment in the storage solutions maker. It has amassed a double-digit percentage stake in its partner.

ESS is partnering with Honeywell to advance its iron flow battery tech. If the tech works as planned, it could help utilities store renewable energy for when it's needed.

Honeywell (NYSE:HON) has invested in ESS Tech as part of a strategic collaboration with the energy technology company to advance the development and commercialization of iron flow battery (IFB) energy storage systems. The company said in a statement that the strategic collaboration brings together Honeywell (NYSE:HON)'s experience in advanced materials and energy systems with ESS' patented IFB design with the aim of tapping into growing global demand for long-duration energy storage solutions.

ESS Tech, Inc. (NYSE:GWH ) Q2 2023 Earnings Conference Call August 8, 2023 5:00 PM ET Company Participants Erik Bylin - Head-Investor Relations Eric Dresselhuys - Chief Executive Officer Tony Rabb - Chief Financial Officer Conference Call Participants Thomas Boyes - TD Cowen Colin Rusch - Oppenheimer Corinne Blanchard - Deutsche Bank Davis Sunderland - Baird Operator Ladies and gentlemen, thank you for standing by. At this time, all participants are in a listen-only mode.