ESS expands warranty insurance coverage to support performance guarantee of flow battery
The innovative policy provides a backstop for the warranty of ESS’s proprietary power battery technology and electrolyte management system, to support the system performance warranty, regardless of project size or location.
ESS has also partnered with Munich Re to similarly expand its Project Cover to ensure an affordable product offering for the Energy Center. Coverage eliminates any technology or business continuity risk for operators and can be extended to provide long-term assurance to system owners, investors and lenders about project performance.
“As a leader in the long-term energy storage industry, we are constantly looking for innovation and groundbreaking new programs that increase confidence in our utility storage solutions,” said Eric Dresselhuys, CEO of ESS. “Project developers and utility project owners can now deploy our flow batteries with greater confidence in securing funding, system operations and successful performance results.”
News item from ESS