ESS Inc signs a contract with Enel Green Power España

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ESS Tech Inc, a manufacturer of long-life iron flux batteries for commercial and large-scale energy storage applications, announced it has entered into an order with Enel Green Power España will supply 17 ESS Energy Warehouse iron flux battery systems.

The long-lasting batteries will be used to support a solar farm in Spain as part of a larger EU-wide engagement, providing resilience to the local electricity grid. With a combined capacity of 8.5 MWh, ESS systems will be among the largest battery storage resources in Spain.

“We are 100% committed to energy storage as an essential complement to our growing portfolio of renewable energy projects”, said Pasquale Salza, head of long-term storage and hybrid systems for Enel Green Power. “With this project, we will evaluate and validate the ESS flux batteries, which we have selected for their good combination of long-lasting capacity, long-lasting performance, environmental sustainability and safe operation.”

“Our systems have successfully passed a 6-month technology and business readiness assessment – meeting the stringent performance, sustainability and cost requirements of Enel Green Power Spain to become a global supplier. officially qualified. Another key factor in their decision is that our batteries are covered by a comprehensive insurance plan underwritten by Munich Re, the world’s largest reinsurance company ”, said Eric Dresselhuys, CEO of ESS Inc. For more information, see the IDTechEx report on Energy recovery from microwatt to gigawatt: 2020-2040 opportunities.

ESS is collaborating with several key partners on this project, including Loccioni, a global systems integrator with projects in over 45 countries. The company also works with Enertis, a global consulting and engineering company based in Spain.

About Enel Green Power

Enel Green Power®, within the Enel group, develops and operates renewable energy plants around the world and is present in Europe, the Americas, Asia, Africa and Oceania. World leader in clean energies, with a total installed capacity of around 49 GW and a production mix including wind, solar, geothermal and hydroelectricity, Enel Green Power® is at the forefront of technology integration innovations in renewable energy plants.

About ESS Inc

ESS Inc. designs, manufactures and deploys environmentally sustainable, low cost iron flux batteries for long life commercial and utility energy storage applications requiring 4 to 12 hours of flexible energy capacity. The Energy Warehouse ™ and Energy Center ™ use the abundant iron, salt and water on earth for electrolyte, making it a sustainable and environmentally safe energy storage solution for global renewable energy infrastructure. Founded in 2011, ESS Inc. enables project developers, utilities, and commercial and industrial facility owners to transition to more flexible lithium-ion-free storage that is better suited to the grid and the environment. For more information visit www.essinc.com .

ESS recently announced that it will become a public company through a merger with a specialist acquisition company, ACON S2 Acquisition Corp. (NASDAQ: STWO). Closing of the merger is subject to the approval of the shareholders of ESS and ACON S2 Acquisition Corp. and the satisfaction or waiver of certain other conditions.

Additional information and where to find it

This communication is made with respect to the proposed transaction involving ESS and ACON S2 Acquisition Corp. (“ACON S2”). A full description of the terms of the transaction is provided in the registration statement on Form S4 (File No. 333-257232) filed with the SECOND by ACON S2 which includes a prospectus concerning the securities of the combined company to be issued within the framework of the business combination and a proxy statement regarding the meeting of shareholders of ACON S2 to vote on the business combination. ACON S2 urges its investors, shareholders and other interested persons to read, when available, the proxy statement / preliminary prospectus as well as other documents filed with the SEC as these documents will contain important information about ACON S2, ESS and the transaction. After the declaration of entry into force of the registration statement, the proxy circular / final prospectus to be included in the registration statement will be mailed to the shareholders of ACON S2 on a registration date to be established for the vote on the proposed business combination. Once available, shareholders will also be able to obtain a copy of the S4, including the proxy statement / prospectus, and other documents filed with the SEC at no charge, by directing a request to: ACON S2, 1133 Connecticut Avenue NW Suite 700, Washington, DC 20036. Proxy circular / preliminary and final prospectus to be included in the registration statement, when available, can also be obtained, free of charge, from the SEC website (www.sec.gov external link).

Participants in the call for tenders

ACON S2 and ESS and their respective directors and officers may be considered participants in the proxy solicitation of ACON S2 shareholders in connection with the proposed transaction. Information about the directors and officers of ACON S2 and their ownership of the securities of ACON S2 is set out in the documents filed by ACON S2 with the SEC. To the extent that ACON S2’s holdings of securities have changed from the amounts printed in the ACON S2 registration statement on Form S-1, these changes have been or will be reflected on the change of ownership statements on Form 4 filed with the SEC. Additional information regarding the interests of such persons and other persons who may be considered to be participants in the proposed transaction may be obtained by reading the proxy statement / solicitation statement / prospectus regarding the proposed transaction when ‘it will be available. You can obtain free copies of these documents as described in the previous paragraph.

Source: Trevi Communications Inc

Top image: Pixabay


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