ESS, SB Energy to Deploy 2 GWh Long-Duration Storage in United States
- The very first ESS system has actually already been provided to an SB Energy place in Davis, California, and also will be appointed in October 2021.
- SB Energy intends to mount added ESS flow battery systems to match its increasing portfolio of solar power projects in Texas and California.
ESS, an U.S. producer of long-duration batteries, has actually become part of a structure arrangement with SB Energy, an entirely had subsidiary of SoftBank Group Corp, to deploy two gigawatt-hours (2 GWh) of ESS batteries with 2026.
The agreement shows ESS as well as SB Energy's common commitment and also vision of a global change to renewables as well as decarbonization of the grid, stated a joint statement. ESS just recently introduced it would certainly end up being a public company through a merger with a special objective procurement firm, ACON S2 Procurement Corp
. In connection with the agreement, the initial ESS system has actually currently been supplied to an SB Energy place in Davis, California, and will be appointed in October 2021. SB Energy plans to mount additional ESS circulation battery systems to match its expanding portfolio of solar power projects in Texas and California, 2 of the fastest-growing markets for long-duration storage space in the united state
With its iron-, salt-, and water-based batteries, ESS systems aid consumers enhance grid resiliency while eliminating the danger of the batteries igniting, specifically in wildfire-prone locations such as California.
" ESS's distinct capability to produce as well as deliver batteries utilizing iron, salt, and water is a game-changer, enabling SB Energy to use our customers secure, sustainable as well as low-priced energy storage today," stated Rich Hossfeld, Co-Chief Executive Officer at SB Energy as well as ESS Board Member.
" Long-duration storage space is absolutely essential to supplying flexible, cost effective renewable energy at scale and straightens flawlessly with the Biden administration's enthusiastic clean energy initiatives. SB Energy is delighted to continue its partnership with ESS as well as deploy the business's locally produced batteries into the vast and also swiftly growing market for energy storage."
" This agreement exemplifies the increasing need for long-duration energy storage space and reinforces our strong collaboration with SB Energy to supply secure as well as sustainable innovation constructed in the U.S.," claimed Eric Dresselhuys, ESS CEO.
" The energy change will need large amounts of storage ability in the coming years as well as we are focused on scaling up our manufacturing capability to help fulfill that demand. We are lucky to have such great companions as SB Energy and also Breakthrough Energy Ventures and anticipate a long as well as expanding collaboration."
"Long-duration energy storage space is a critical advancement required to sustain the globe's change to clean, renewable energy. BEV is proud to have actually sustained Eric as well as his group since our original investment in ESS back in 2019. Today we remain certain that ESS is well-positioned to scale its systems internationally, specifically partnering with SB Energy," stated Carmichael Roberts, Breakthrough Energy Ventures.
ESS likewise lately revealed that it had actually closed an order with Enel Green Power España to supply 17 ESS Energy Warehouse ™ battery systems with an integrated capacity of 8.5 MWh. The project will support a solar ranch in Spain as a part of a more comprehensive EU-wide interaction, giving resilience for the local power grid.
SB Energy possesses five utility-scale solar projects amounting to 1.7 gigawatts (GW) in Texas as well as California, which are presently in operation or building, and also is establishing a multi-gigawatt pipeline of residential solar as well as storage projects to be developed over the next few years.