Reports

Caught Red-Handed: We Present Evidence that ESS Tech Inc.’s Biggest Customer is Really an Undisclosed Related Party Without Operations

    ESS Tech Inc. (“ESS”, NYSE: GWH) develops and produces utility-scale batteries for long-duration storage of electricity employing a “simple yet revolutionary technology: iron, salt and water” The market for long-duration battery storage is highly competitive and technically challenging. We argue ESS’s claims about its technology are overstated and targeted at creating investor hype for laypeople regarding the field ...
Read More