ESS to Deliver Long-Duration Energy Storage Solutions to Sapele Power to Improve Generation Efficiency
ESS Tech, Inc. (GWH)
Company Research
Source: Business Wire
Partnership demonstrates key LDES use case and the largest U.S. government-financed battery storage system export to Africa to date 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 it has partnered with Sapele Power Plc (“Sapele”), a leading Nigerian integrated energy company specializing in power generation, to provide an initial 1 MW / 8 MWh of long-duration energy storage. This agreement represents the largest battery storage system export to Africa financed by the Export-Import Bank of the United States of America to date and will improve the efficiency of Sapele’s existing assets by providing ancillary services.According to the International Energy Agency, an estimated 40% of all the electricity consumed in Nigeria is produced from backup generators due to unreliable power supply caused by limited grid infrastructure,
Show less
Read more
Impact Snapshot
Event Time:
GWH
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GWH alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GWH alerts
High impacting ESS Tech, Inc. news events
Weekly update
A roundup of the hottest topics
GWH
News
- ESS Inc. to Present at the Deutsche Bank 2024 Global Solar & Clean Tech Conference and the TD Cowen 2nd Annual Sustainability WeekBusiness Wire
- Flow Battery Market to Be Worth $1.03 Billion by 2031 - Exclusive Report by Meticulous Research® [Yahoo! Finance]Yahoo! Finance
- ESS Tech, Inc. (NYSE: GWH) had its price target lowered by analysts at TD Cowen from $2.50 to $2.00. They now have a "buy" rating on the stock.MarketBeat
- ESS Technologies invests $1.6m to expand operations [Yahoo! Finance]Yahoo! Finance
- ESS Tech, Inc. Announces First Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
GWH
Earnings
- 5/7/24 - Beat
GWH
Sec Filings
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- GWH's page on the SEC website