ESS Inc. and LEAG, a German energy provider, signed an initial agreement to accelerate the clean energy transition through the deployment of renewable generation and long-duration energy storage – LDES – using ESS iron flow battery technology. Following the execution of definitive agreements and normal financial close, anticipated in Q3, LEAG and ESS plan to build a 50 MW / 500 MWh iron flow battery system at the Boxberg Power Plant site, to be commissioned in 2027. The resulting 50 MW/500 MWh module is expected to become a standardized building block in LEAG’s plan to deploy 2-3 GWh of storage in the transformation of the LEAG power plant locations. LEAG and partners plan to invest EUR200M with further support anticipated from additional investors and stakeholders. ESS technology is currently manufactured at the company’s facilities near Portland, Oregon, USA. LEAG is an operator of large-scale lignite mining and coal-fired generation in Eastern Germany that is implementing a vision to transform the coal-dependent region into Germany’s Green Powerhouse. The company plans to develop 7-14 GW of renewable generation paired with 2-3 GWh of energy storage and 2 GW of green hydrogen production.
Published first on TheFly
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