ESS and SB Energy Sign Agreement to Deploy Two Gigawatt-Hours of Long-Duration Storage

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Sep 30, 2021

ESS+Inc. (“ESS” or “the Company”), a U.S. manufacturer of long-duration batteries, today announced that it has entered into a framework agreement with SB Energy, a wholly owned subsidiary of SoftBank Group Corp, to deploy two gigawatt-hours (2 GWh) of ESS batteries through 2026. The agreement demonstrates ESS and SB Energy’s shared commitment and vision of a global shift to renewables and decarbonization of the grid. ESS recently+announced it would become a public company through a merger with a special purpose acquisition company, ACON S2 Acquisition Corp. (NASDAQ%3A+STWO).