ESS Tech Signs LoI With Juniper Energy To Deploy 500MWh Or More Of Sodium-Ion Battery Energy Storage Systems
LoI represents a major milestone for ESS as it continues to expand its business with innovative, sodium-based battery solutions. The LOI establishes a framework for a long-term partnership focused on deploying ESS's
A battery company agreed to work with another company to install 500 million watt-hours of new sodium batteries—a big deal showing people want this newer technology. Watch whether this agreement becomes a real deal, since it's just a plan right now and tells you if customers trust the company's batteries.
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