ESS Tech : Inc. Statement on Grizzly Research Report
December 07, 2022 at 05:52 pm EST
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This morning, Grizzly Research, a self-described short seller, issued a report alleging ESS is a related party of ESIAP, our customer in Australia. This assertion is false, along with the other unfounded assertions made in the report. The report contains numerous errors, unsupported speculation, and draws misleading and flawed conclusions. ESS was not contacted during the development of the report nor given the opportunity to provide factual information that would have easily refuted the incorrect claims made throughout the report.
ESS is committed to deploying long-duration energy storage solutions using iron flow battery technology to meet growing global demand. We are proud to partner with major U.S. and international utilities, developers and service providers to deploy the storage solutions needed to enable renewable energy deployment and deep decarbonization of the grid.
ESS Contacts
Investors:
Erik Bylin [email protected]
Media:
Morgan Pitts
503.568.0755 [email protected]
ESS Tech Inc published this content on 07 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 December 2022 22:51:04 UTC.
ESS Tech, Inc. is a long-duration energy storage company specializing in iron flow battery technology. The Company designs and produces long-duration batteries using earth-abundant materials. Its batteries provide flexibility to grid operators and energy assurance for commercial and industrial customers. Its technology addresses energy delivery, duration, and cycle-life in a single battery platform that compares favorably to lithium-ion batteries. Using its iron flow battery technology, the Company is developing two products, such as Energy Warehouse and Energy Center. The Energy Warehouse that offers energy storage ranging from six to twelve-hour duration. Energy Warehouses are deployed in shipping container units, allowing a turnkey system that can be installed easily at a customerâs site. Energy Center solutions are designed specifically for utilities, independent power producers (IPPs), and large commercial and industrial consumers. Its batteries are non-flammable and non-toxic.
ESS TECH, INC. 
