ESS

ESS Inc. is a leading provider of long-duration energy storage solutions, primarily serving utilities, developers, microgrid operators, and commercial and industrial (C&I) system owners. The company operates in the renewable energy market, focusing on integrating large-scale battery installations with renewable energy sources to create a decarbonized grid. ESS Inc.'s business model revolves around the development and commercialization of iron-based batteries that offer the lowest overall cost of service for long-duration or multi-cycling requirements. These batteries are designed to be environmentally friendly, using no hazardous materials, which simplifies permitting, containment, handling, and disposal processes. The company's revenue is generated through the sale of its energy storage solutions, which are configurable and can be tailored to meet the specific needs of various users and applications. ESS Inc. was founded in 2012 and has since achieved significant milestones, including being listed on the NYSE under the ticker symbol GWH in 2021.

Keywords: long-duration storage, iron-based batteries, renewable energy, utilities, microgrid, C&I systems, decarbonized grid, low-cost, environmentally friendly, NYSE GWH.