Friday, 17 January 2025
Home ESS’ Australian Partner Raises AU$65M in Public and Private Funds to Accelerate Iron Flow Deployments

The following content is a news release distributed by . The original news release may be found here.

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...

Read the full news release here

Related Articles

U.S. President Joe Biden answers questions regarding talking to hostages and TikTok as he made a stop at St. John's Church before the U.S. Conference of Mayors in Washington D.C., U.S., January 17, 2025. REUTERS/Annabelle Gordon
Critical MineralsFinance

Biden boosts loan for ioneer’s Nevada lithium mine to nearly $1 billion

The U.S. DOE finalized a $996M loan for ioneer’s Rhyolite Ridge lithium...

FILE PHOTO: A coat of arms is seen on one of the original Bank of Montreal (BMO) buildings in Toronto, Ontario, Canada June 1, 2021.  REUTERS/Chris Helgren/File Photo
ClimateFinancePolitics

BMO becomes first Canadian bank to withdraw from Net-Zero Banking Alliance

BMO becomes the first Canadian bank to exit the NZBA, following similar...

FILE PHOTO: Miniatures of windmill, solar panel and electric pole are seen in front of words Clean energy in this illustration taken January 17, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
ElectricityFinanceFuelPolitics

US clean energy tax subsidies to cost $825 billion over 10 years, CBO says

U.S. clean energy subsidies under Biden's Inflation Reduction Act to raise deficits...

Imperial Oil logo at the company's annual meeting in Calgary on April 28, 2017. THE CANADIAN PRESS/Jeff McIntosh
OilRegulations

Alberta Energy Regulator lays nine charges against Imperial Oil for 2023 spill

Alberta charges Imperial Oil over 5.3M-litre toxic wastewater spill at Kearl site,...

Login into your Account

Please login to like, dislike or bookmark this article.