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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