ESS Partners with Alsym Energy to Launch Sodium-Ion Battery Solutions
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 5 days ago
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Should l Buy GWH?
Source: Newsfilter
- Strategic Partnership: ESS has signed a letter of intent with Alsym Energy to incorporate 8.5 GWh of sodium-ion cells and modules into its portfolio, marking its entry into the short- and medium-duration battery energy storage system market and significantly expanding its market reach.
- Technological Advantages: Alsym's sodium-ion batteries are non-flammable and thermally stable, reducing system complexity and total cost of ownership while eliminating the need for complex HVAC systems, thereby enhancing customer safety and economic viability.
- Market Potential: By combining sodium-ion and iron flow technologies, ESS is positioned to offer flexible energy storage solutions to utilities, independent power producers, and commercial customers, addressing the growing demand for renewable energy and driving comprehensive growth in the energy storage market.
- Sustainability Commitment: The integration of ESS's long-duration iron flow storage solutions with Alsym's high-performance sodium-ion technology underscores the company's commitment to advancing sustainable energy transitions, providing safe and economical alternatives that help customers move beyond the limitations of lithium-ion batteries.
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Analyst Views on GWH
Wall Street analysts forecast GWH stock price to rise
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 1.110
Low
3.50
Averages
3.50
High
3.50
Current: 1.110
Low
3.50
Averages
3.50
High
3.50
About GWH
ESS Tech, Inc. is a long-duration energy storage company specializing in iron flow battery technology. The Company designs and produces long-duration batteries using earth-abundant materials. Its batteries provide flexibility to grid operators and energy assurance for commercial and industrial customers. Its technology addresses energy delivery, duration, and cycle-life in a single battery platform that compares favorably to lithium-ion batteries. Using its iron flow battery technology, the Company is developing two products, such as the Energy Warehouse and Energy Center. Energy Center solutions are designed specifically for utilities, independent power producers (IPPs), and large commercial and industrial consumers. The Company’s batteries are non-flammable and non-toxic and can operate in a wide range of temperatures from -15 degrees Celsius (C) to 50 degrees C with minimal auxiliary loads.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
ESS Partners with Alsym Energy to Launch Sodium-Ion Battery Solutions
- Strategic Partnership: ESS has signed a letter of intent with Alsym Energy to incorporate 8.5 GWh of sodium-ion cells and modules into its portfolio, marking its entry into the short- and medium-duration battery energy storage system market and significantly expanding its market reach.
- Technological Advantages: Alsym's sodium-ion batteries are non-flammable and thermally stable, reducing system complexity and total cost of ownership while eliminating the need for complex HVAC systems, thereby enhancing customer safety and economic viability.
- Market Potential: By combining sodium-ion and iron flow technologies, ESS is positioned to offer flexible energy storage solutions to utilities, independent power producers, and commercial customers, addressing the growing demand for renewable energy and driving comprehensive growth in the energy storage market.
- Sustainability Commitment: The integration of ESS's long-duration iron flow storage solutions with Alsym's high-performance sodium-ion technology underscores the company's commitment to advancing sustainable energy transitions, providing safe and economical alternatives that help customers move beyond the limitations of lithium-ion batteries.
See More
ESS Tech to Host Q1 2026 Financial Results Call on May 7
- Conference Call Announcement: ESS Tech has announced a conference call scheduled for May 7, 2026, at 5:00 p.m. EDT to discuss its Q1 2026 financial results, with updates on commercial progress, customer deployments, and anticipated technology milestones expected to be shared.
- Executive Hosts: The call will be hosted by CEO Drew Buckley and CFO Kate Suhadolnik, followed by a Q&A session, enhancing interaction between investors and management, thereby increasing transparency and investor confidence.
- Webcast and Replay: The call will be available via webcast, with participants able to access presentation materials on the company's investor relations website, and a replay link will be provided to ensure that investors who cannot attend live can still obtain key information.
- Company Background: Founded in 2011, ESS Tech focuses on long-duration iron flow energy storage solutions, aiming to accelerate decarbonization through sustainable energy storage, utilizing easily sourced iron, salt, and water to build flexible storage solutions that meet increasing energy demands.
See More
ESS Tech Positioned for Growth in Renewable Energy Storage Amid Rising AI Demand
- Strategic Investments and Partnerships: ESS Tech secured a $9.9 million contract from the U.S. Air Force for 27 MWh of domestically manufactured long-duration energy storage systems, highlighting strong demand in both defense and commercial markets, thereby solidifying its market position.
- Technological Innovation and Market Demand: The Energy Base™ platform is designed to meet the growing needs of AI data centers and renewable baseload power, with expectations to drive the company’s annual manufacturing capacity to 560 MWh over the next 24 months, enhancing its competitiveness in the long-duration storage market.
- Capital Structure Optimization: The company strengthened its capital base through a $40 million financing transaction and $8.6 million raised under its at-the-market equity program, providing financial backing for future commercial expansion and demonstrating strong performance in capital markets.
- Industry Recognition and Brand Enhancement: ESS was recognized by TIME as one of America's Top GreenTech Companies for 2025 and 2026, boosting its brand image and market visibility, creating opportunities to attract more investors and customers.
See More
ESS Tech to Participate in 38th Annual ROTH Conference
- Conference Participation: ESS Tech will participate in the 38th Annual ROTH Conference from March 22-24, 2026, in Dana Point, California, where CEO Drew Buckley and CFO Kate Suhadolnik will hold one-on-one meetings with institutional investors to showcase the company's advancements in long-duration energy storage solutions.
- Collaboration Updates: During the conference, ESS will provide updates on its collaboration with Salt River Project and Google regarding long-duration energy storage, demonstrating its strategic partnership capabilities in the renewable energy sector and further solidifying its market position.
- Intellectual Property Acquisition: ESS will also discuss its plans to acquire VoltStorage's intellectual property and assets, a move that not only enhances the company's technological capabilities but also opens new avenues for future product development, boosting its competitiveness in the long-duration energy storage market.
- Growth Strategy: This conference will offer ESS an opportunity to showcase its future growth plans and upcoming milestones, indicating the company's commitment to accelerating the transition to sustainable energy through innovation and collaboration.
See More
ESS Tech, Inc. Q4 2025 Earnings Call Insights
- Strategic Transformation: CEO Drew Buckley characterized 2025 as a year of deliberate transformation, highlighting the company's restructuring and commercial progress, while confirming a $9.9 million contract with the U.S. Air Force Research Laboratory, marking a significant win in the defense sector.
- Project New Horizon: The announcement of a 5-megawatt, 50-megawatt hour Salt River Project with Google as an offtaker, with manufacturing set to begin in 2026 and delivery targeted for December 2027, significantly enhances the company's position in the Southwest utility market.
- Financial Improvement: CFO Kate Suhadolnik reported that revenue for 2025 was $1.6 million, down from $6.3 million in 2024, but gross loss improved by 39%, indicating effective cost control during the transition to the Energy Base product line.
- Future Outlook: Buckley indicated that 2026 will focus on commercializing Energy Base, with major customer deliveries expected in 2027 and 2028, reflecting the company's confidence in long-term growth prospects, especially as demand for long-duration energy storage is projected to increase by 165% by 2030.
See More
ESS Tech Reports Q4 2025 Earnings Miss with Strategic Shifts
- Disappointing Financial Performance: ESS Tech reported a Q4 2025 non-GAAP EPS of -$1.20, missing estimates by $0.44, indicating challenges during its transition that may affect investor confidence.
- Significant Revenue Decline: The company's revenue for FY 2025 was $1.6 million, down 156.1% year-over-year, primarily due to a shift from legacy contracts to new energy storage systems, which negatively impacted overall sales volume and market position.
- Improved Net Loss: The net loss for FY 2025 was $63.4 million, an improvement from $86.2 million in FY 2024, suggesting progress in cost control that could lay the groundwork for future profitability.
- Cash Flow Status: As of December 31, 2025, ESS Tech had $14.5 million in cash and cash equivalents and $7.5 million in short-term investments; despite working capital dropping to approximately $1.0 million, the successful $15 million registered direct offering in January 2026 bolstered liquidity.
See More
ESS Partners with Alsym Energy to Launch Sodium-Ion Battery Solutions
- Strategic Partnership: ESS has signed a letter of intent with Alsym Energy to incorporate 8.5 GWh of sodium-ion cells and modules into its portfolio, marking its entry into the short- and medium-duration battery energy storage system market and significantly expanding its market reach.
- Technological Advantages: Alsym's sodium-ion batteries are non-flammable and thermally stable, reducing system complexity and total cost of ownership while eliminating the need for complex HVAC systems, thereby enhancing customer safety and economic viability.
- Market Potential: By combining sodium-ion and iron flow technologies, ESS is positioned to offer flexible energy storage solutions to utilities, independent power producers, and commercial customers, addressing the growing demand for renewable energy and driving comprehensive growth in the energy storage market.
- Sustainability Commitment: The integration of ESS's long-duration iron flow storage solutions with Alsym's high-performance sodium-ion technology underscores the company's commitment to advancing sustainable energy transitions, providing safe and economical alternatives that help customers move beyond the limitations of lithium-ion batteries.
See More
ESS Tech to Host Q1 2026 Financial Results Call on May 7
- Conference Call Announcement: ESS Tech has announced a conference call scheduled for May 7, 2026, at 5:00 p.m. EDT to discuss its Q1 2026 financial results, with updates on commercial progress, customer deployments, and anticipated technology milestones expected to be shared.
- Executive Hosts: The call will be hosted by CEO Drew Buckley and CFO Kate Suhadolnik, followed by a Q&A session, enhancing interaction between investors and management, thereby increasing transparency and investor confidence.
- Webcast and Replay: The call will be available via webcast, with participants able to access presentation materials on the company's investor relations website, and a replay link will be provided to ensure that investors who cannot attend live can still obtain key information.
- Company Background: Founded in 2011, ESS Tech focuses on long-duration iron flow energy storage solutions, aiming to accelerate decarbonization through sustainable energy storage, utilizing easily sourced iron, salt, and water to build flexible storage solutions that meet increasing energy demands.
See More
ESS Tech Positioned for Growth in Renewable Energy Storage Amid Rising AI Demand
- Strategic Investments and Partnerships: ESS Tech secured a $9.9 million contract from the U.S. Air Force for 27 MWh of domestically manufactured long-duration energy storage systems, highlighting strong demand in both defense and commercial markets, thereby solidifying its market position.
- Technological Innovation and Market Demand: The Energy Base™ platform is designed to meet the growing needs of AI data centers and renewable baseload power, with expectations to drive the company’s annual manufacturing capacity to 560 MWh over the next 24 months, enhancing its competitiveness in the long-duration storage market.
- Capital Structure Optimization: The company strengthened its capital base through a $40 million financing transaction and $8.6 million raised under its at-the-market equity program, providing financial backing for future commercial expansion and demonstrating strong performance in capital markets.
- Industry Recognition and Brand Enhancement: ESS was recognized by TIME as one of America's Top GreenTech Companies for 2025 and 2026, boosting its brand image and market visibility, creating opportunities to attract more investors and customers.
See More
ESS Tech to Participate in 38th Annual ROTH Conference
- Conference Participation: ESS Tech will participate in the 38th Annual ROTH Conference from March 22-24, 2026, in Dana Point, California, where CEO Drew Buckley and CFO Kate Suhadolnik will hold one-on-one meetings with institutional investors to showcase the company's advancements in long-duration energy storage solutions.
- Collaboration Updates: During the conference, ESS will provide updates on its collaboration with Salt River Project and Google regarding long-duration energy storage, demonstrating its strategic partnership capabilities in the renewable energy sector and further solidifying its market position.
- Intellectual Property Acquisition: ESS will also discuss its plans to acquire VoltStorage's intellectual property and assets, a move that not only enhances the company's technological capabilities but also opens new avenues for future product development, boosting its competitiveness in the long-duration energy storage market.
- Growth Strategy: This conference will offer ESS an opportunity to showcase its future growth plans and upcoming milestones, indicating the company's commitment to accelerating the transition to sustainable energy through innovation and collaboration.
See More
ESS Tech, Inc. Q4 2025 Earnings Call Insights
- Strategic Transformation: CEO Drew Buckley characterized 2025 as a year of deliberate transformation, highlighting the company's restructuring and commercial progress, while confirming a $9.9 million contract with the U.S. Air Force Research Laboratory, marking a significant win in the defense sector.
- Project New Horizon: The announcement of a 5-megawatt, 50-megawatt hour Salt River Project with Google as an offtaker, with manufacturing set to begin in 2026 and delivery targeted for December 2027, significantly enhances the company's position in the Southwest utility market.
- Financial Improvement: CFO Kate Suhadolnik reported that revenue for 2025 was $1.6 million, down from $6.3 million in 2024, but gross loss improved by 39%, indicating effective cost control during the transition to the Energy Base product line.
- Future Outlook: Buckley indicated that 2026 will focus on commercializing Energy Base, with major customer deliveries expected in 2027 and 2028, reflecting the company's confidence in long-term growth prospects, especially as demand for long-duration energy storage is projected to increase by 165% by 2030.
See More
ESS Tech Reports Q4 2025 Earnings Miss with Strategic Shifts
- Disappointing Financial Performance: ESS Tech reported a Q4 2025 non-GAAP EPS of -$1.20, missing estimates by $0.44, indicating challenges during its transition that may affect investor confidence.
- Significant Revenue Decline: The company's revenue for FY 2025 was $1.6 million, down 156.1% year-over-year, primarily due to a shift from legacy contracts to new energy storage systems, which negatively impacted overall sales volume and market position.
- Improved Net Loss: The net loss for FY 2025 was $63.4 million, an improvement from $86.2 million in FY 2024, suggesting progress in cost control that could lay the groundwork for future profitability.
- Cash Flow Status: As of December 31, 2025, ESS Tech had $14.5 million in cash and cash equivalents and $7.5 million in short-term investments; despite working capital dropping to approximately $1.0 million, the successful $15 million registered direct offering in January 2026 bolstered liquidity.
See More
