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ESS Tech, Inc. - GWH STOCK NEWS

Welcome to our dedicated news page for ESS Tech (Ticker: GWH), a resource for investors and traders seeking the latest updates and insights on ESS Tech.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect ESS Tech's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of ESS Tech's position in the market.

News
ESS Commissions First Iron Flow Battery Deployment for Sacramento Municipal Utility District
Rhea-AI Summary
ESS completes commissioning of six Energy Warehouse™ systems for SMUD under the 2 GWh framework agreement. The systems are expected to eliminate approximately 284,000 metric tons of CO2 emissions per year. SMUD prepares for the next phases of integrating the system into its clean power portfolio. ESS and SMUD plan to establish a Center of Excellence for energy storage manufacturing in Sacramento.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.55%
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none
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News
Harry Quarls Joins ESS Board of Directors as Chairman
Rhea-AI Summary
Harry Quarls joins ESS Board of Directors as Chairman, bringing extensive energy experience. ESS well-positioned to meet growing demand for long-duration energy storage.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.04%
Tags
management
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News
Jeff Loebbaka Joins ESS as Chief Commercial Officer to Drive Growth and Maximize Customer Value
Rhea-AI Summary
ESS Tech, Inc. announces the expansion of its executive leadership team to grow its presence in global energy storage markets. Jeff Loebbaka has been named Chief Commercial Officer, bringing his experience in growing clean technology companies into global enterprises. The company aims to deliver long-duration energy storage solutions to customers worldwide and catalyze the clean energy future.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.28%
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none
News
Senator Ron Wyden and Senior Officials Join ESS to Celebrate a Year of Achievement in American Clean Tech Manufacturing
Rhea-AI Summary
ESS Tech, Inc. hosted an event at its headquarters in Wilsonville, Oregon to commemorate the one-year anniversary of the Inflation Reduction Act. The event showcased ESS' fully automated manufacturing line for its long-duration energy storage systems. The company plans to scale its production capacity from 800 MWh to over 2 GWh in the coming years. Senator Ron Wyden, Dr. Christopher Saldaña, and Andrew Reagan delivered remarks on the IRA's contributions to the clean energy economy. ESS CEO Eric Dresselhuys highlighted the economic activity driven by the company, amounting to $170.4 million in 2022 and supporting over 530 jobs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.43%
Tags
none
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News
ESS Tech, Inc. Announces Second Quarter 2023 Financial Results
Rhea-AI Summary
ESS Tech, Inc. (GWH) reported a record revenue of $2.8 million in the second quarter of 2023. The company delivered nine Energy Warehouses to four new customers and announced a partnership with LEAG, a major German energy provider. ESS also received certification to the Underwriters Laboratories’ (UL) 9540 standard, reinforcing its position as an industry leader in the long-duration energy storage market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.62%
Tags
earnings
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News
ESS Inc. to Present at the Canaccord Genuity 43rd Annual Growth Conference
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.78%
Tags
conferences
News
ESS Inc. Schedules Second Quarter 2023 Financial Results Conference Call
Rhea-AI Summary
ESS Tech, Inc. will hold a conference call on August 8, 2023, to discuss its second quarter 2023 financial results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.08%
Tags
earnings
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News
LEAG and ESS to Develop Clean Energy Hub for Germany
Rhea-AI Summary
U.S. energy storage manufacturer ESS Tech and German energy provider LEAG have signed an agreement to deploy renewable generation and long-duration energy storage using ESS iron flow battery technology. They plan to build a 50 MW / 500 MWh iron flow battery system at the Boxberg Power Plant site, with further plans to deploy 2-3 GWh of storage. LEAG aims to develop 7-14 GW of renewable generation, 2-3 GWh of energy storage, and 2 GW of green hydrogen production. The project is supported by the Energy Resilience Leadership Group and Breakthrough Energy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.26%
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none
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News
ESS Energy Warehouse Receives Further Safety Certification
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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News
ESS Inc. to Present at the Deutsche Bank 2023 Solar & Clean Tech Conference and the TD Cowen Sustainability Week
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-21.1%
Tags
conferences
Stock GWH logo
ESS Tech, Inc.

NYSE:GWH

GWH Rankings

#4054 Ranked by Market Cap
#5128 Ranked by Stock Gains
N/A Ranked by Dividends

GWH Stock Data

133.60M
65.37M
38.96%
41.56%
7.15%
Optical Instrument and Lens Manufacturing
Manufacturing
Link
United States of America
WILSONVILLE

About GWH

energy storage systems is developing a novel flow battery technology for commercial, industrial, and utility applications. by combining inexpensive and abundant electrolyte materials with our next generation cell design, ess is creating a cost effective and reliable battery designed to work in conjunction with the modern electric grid. this will give electricity consumers an easily incorporated means of reducing their electricity costs and provide utilities with a flexible option for integrating renewable energy sources and improving grid stability.