Wednesday, 25 September 2024
Home ESS’ Australian Partner Raises AU$65M in Public and Private Funds to Accelerate Iron Flow Deployments

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ESS’ Australian Partner Raises AU$65M in Public and Private Funds to Accelerate Iron Flow Deployments

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 its Australian partner, Energy Storage Industries – Asia Pacific (ESI), has received an investment of AU$25 million (~US$17 million) from the Queensland Government and raised a further AU$40 million (~US$23 million) in private capital to accelerate the clean energy transition in Australia a...

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