ESS Tech Inc and SRP announce agreement for 50 MWh long duration energy storage project in Arizona
Reuters
Oct 10
ESS Tech Inc and SRP announce agreement for 50 MWh long duration energy storage project in Arizona
ESS Tech Inc. and Salt River Project (SRP), a public power utility serving the Phoenix metropolitan area, have announced an agreement for a new long-duration energy storage pilot project. The project, named Project New Horizon, will involve the installation of a 5 megawatt (MW), 50 megawatt-hour (MWh) iron flow battery system at SRP's Copper Crossing Energy and Research Center in Florence, Arizona. Under the terms of the agreement, ESS will supply the battery system and SRP will purchase capacity under a ten-year energy storage agreement. The system is designed to deliver 10 hours of discharge and is expected to be operational by December 2027. The project aims to help SRP evaluate the performance of non-lithium, long-duration energy storage technologies.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ESS Tech Inc published the original content used to generate this news brief via Business Wire (Ref. ID: 20251009026076) on October 09, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.