ESS Tech Lands 5MW/50MWh Arizona Storage Deal and Forecasts Q4 Losses
ESS Tech partnered with Salt River Project and Google to deploy a 5MW/50MWh iron flow Energy Base system at SRP’s Copper Crossing Energy and Research Center in Florence, Arizona. Q4 2025 revenue is forecast at -$1.6 million with EPS of -$0.76, while full-year 2025 EPS is projected at -$3.89.
1. Project New Horizon Partnership
ESS Tech has formalized a collaboration with Salt River Project and Google under its Project New Horizon framework to install a five-megawatt, 50-megawatt hour iron flow Energy Base system at SRP’s Copper Crossing Energy and Research Center in Florence, Arizona. This marks a key commercial validation for ESS Tech’s utility-scale non-lithium long-duration energy storage technology.
2. Q4 2025 Earnings Outlook
ESS Tech is scheduled to report Q4 2025 results on March 5 with analysts forecasting -$1.6 million in revenue and EPS of -$0.76. Full-year 2025 EPS is projected at -$3.89, following a 96% revenue miss and an EPS beat in the previous quarter.