Stock Groups

Bill Gates-backed battery company gets an outperform rating from Cowen

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An employee inputs data at an Energy Warehouse housing iron-flow cells, at Energy Storage Systems Inc. facility in Wilsonville (Oregon, U.S.A) on Wednesday Sept. 28, 2021.

Tojo Andrianarivo | Bloomberg | Getty Images

A new battery company is now publicly traded ESS is tackling a key issue with renewable energy – what to do when the sun isn’t shining – and it’s well positioned for the long term, Cowen said in a note to clients.

With an outperform rating for the Bill Gates-backed firm, The Firm launched coverage about the company. It cited ESS’ “differentiated low price technology.”

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