Honeywell recently announced a strategic partnership with ESS Technology Company (hereinafter referred to as “ESS”) to jointly promote the technological development and market application of iron flow battery (IFB) energy storage systems. As part of this collaboration, Honeywell will invest in ESS.
Both parties are conducting this cooperation based on each other’s research and development of energy storage systems, combining the unique market leading ferroelectric battery design of ESS with Honeywell’s professional high-performance materials and energy systems.
Honeywell Joins Hands with ESS to Accelerate the Commercial Application of Ferrous Flow Battery Energy Storage Systems
The demand for long-term energy storage technology is one of the eye-catching market opportunities in the energy transition, and the combination of Honeywell and ESS technology can accelerate the carbon reduction process in the industrial, commercial, and utility sectors. “Bryan Glover, Chief Growth Officer of Honeywell Specialty Materials and Technologies Group, stated, Our strategic cooperation with ESS will enhance Honeywell’s ability to provide comprehensive solutions to customers, while also committed to promoting the further development of long-term energy storage in all industries that require extensive energy storage
Today, we are building outstanding technology for the key field of long-term energy storage, “said Eric Dresselhuys, CEO of ESS.” By combining ESS’s innovative technology and extensive practical experience with Honeywell’s expertise in storage and control systems, we will be able to drive the transformation of clean energy and create value for our customers, shareholders, and communities
With the rapid growth trend in the field of renewable energy generation, the global demand for long-term energy storage is increasing, and Honeywell and ESS are working together to meet this demand. As countries around the world transition to zero carbon energy, a massive and rapidly growing market will emerge.
With the acceleration of the transition to renewable energy, the challenges posed by the intermittency of wind and solar energy are becoming increasingly prominent. Safe and sustainable iron flow battery technology provides energy storage solutions that do not rely on limited reserves of minerals such as lithium, cobalt, or vanadium by utilizing the abundant resources (iron, salt, and water) on Earth, making the transition to clean energy possible.
Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me?