Honeywell invests in ESS to advance adoption of iron flow battery energy storage
Honeywell purchased $27.5 million in ESS common stock and intends to purchase $300 million in ESS product, with $15 million prepaid. The collaboration enables Honeywell to integrate ESS technology into its global offering, and ESS gains license to Honeywell’s flow battery intellectual property.
United States Julia Souder Eric Dresselhuys Bryan Glover Long Duration Energy Storage Long Duration Energy Storage Council
Source: pv-magazine-usa.com