Germany Leah Energy Storage Enterprise
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ESS Tech Inc., a leading global manufacturer of long-duration energy storage systems, and LEAG, a major German energy provider, signed an initial agreement to accelerate the clean energy transition through the
Will ESS Tech become Germany's Green powerhouse?
Summary: U.S. energy storage technology manufacturer ESS Tech, Inc. and German energy provider LEAG cooperate to scale up iron-flow technology to provide long-duration energy storage as part of LEAG’s strategy to become Germany’s Green Powerhouse.
How can leag become Germany's Green powerhouse?
“A key requirement for our transformation into Germany’s Green Powerhouse is the deployment of cost-effective Long-Duration Energy Storage. We are energized to demonstrate the value of iron flow battery technology at scale,” said Thorsten Kramer, CEO of LEAG.
What is leag & ESS?
The project of LEAG and ESS is one of the projects that the ERLG network is helping to accelerate. ”We are pleased to support a long-term strategic relationship between energy and technology experts LEAG and ESS through the Energy Resilience Leadership Group”, said Philipp Offenberg, Senior Manager, Europe at Breakthrough Energy.
Will leag build a green energy hub?
It’s already deployed in commercial microgrid systems, and utility-scale projects are under way in the US and Australia. So, LEAG plans to develop up to 14 gigawatts (GW) of renewable generation paired with 2-3 GWh of energy storage and 2 GW of green hydrogen production for Europe’s largest clean energy hub.
How much will leag invest in ESS?
LEAG and partners plan to invest €200 million with further support anticipated from additional investors and stakeholders. ESS has developed an iron-based LDES technology which uses safe and sustainable battery chemistry to deliver low-cost, utility-scale energy storage.
Why should ESS partner with leag?
“We look forward to partnering with LEAG to develop the model for utilities and communities worldwide transitioning from coal to clean, renewable energy,” said Eric Dresselhuys, CEO of ESS.