Bill Gates-backed ESS — which makes giant batteries out of iron, salt and water — starts trading
- The battery company ESS went public through a SPAC with Acon S2 Investment Corp. and starts trading on the New York Stock Exchange on Monday under the ticker symbol GWH.
- ESS’ battery is made primarily of iron, salt and water, which are readily available and safe resources.
- The battery stores energy for between four and 12 hours, a time frame that pairs well with renewable energy sources such as solar and wind.
- https://www.cnbc.com/2021/10/11/ess-battery-company-backed-by-bill-gates-softbank-opens-on-nyse.html
