Honeywell today announced a strategic partnership with ESS Technologies (” ESS “) to advance the technology development and market adoption of iron flow battery (IFB) energy storage systems. As part of the partnership, Honeywell will make an investment in ESS.

The partnership builds on each other’s research and development of energy storage systems, combining ESS’s unique market-leading iron flow battery design with Honeywell’s expertise in high-performance materials and energy systems.

Honeywell Joins ESS to Accelerate commercial adoption of iron Flow battery energy storage systems

“The need for long-term storage technology is one of the compelling market opportunities in the energy transition, and the combination of Honeywell and ESS technology can accelerate carbon reduction in the industrial, commercial and utility sectors.” “Our strategic partnership with ESS will enhance Honeywell’s ability to deliver integrated solutions to customers while advancing long-term storage across all industries that require extensive storage,” said Bryan Glover, chief growth officer of Honeywell’s Characteristic Materials and Technologies Group.

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“Today, we are building exceptional technology for the critical area of long-term energy storage.” “By combining ESS’s innovative technology and extensive hands-on experience with Honeywell’s storage and control systems expertise, we will be able to drive the clean energy transition and create value for our customers, shareholders and communities,” said Eric Dresselhuys, CEO of ESS.

Honeywell and ESS are working together to meet the growing global demand for long-term energy storage, driven by the rapid growth of renewable power generation. As countries around the world transition to zero-carbon energy, a large and rapidly growing market will emerge.

As the transition to renewable energy accelerates, the challenges posed by the intermittency of wind and solar are becoming more prominent. Safe and sustainable iron flow battery technology enables the transition to clean energy by harnessing the Earth’s abundant resources (iron, salt and water) to provide energy storage solutions that do not rely on limited reserves of minerals (such as lithium, cobalt or vanadium).