ESS has been in the news 450% more than usual
Mar 08, 2025, 7:30 AM
-10.00%
What does ESS do
Essex Property Trust is a San Mateo-based real estate investment trust with 1,750 employees, focused on owning and managing 256 apartment communities along the U.S. West Coast. The firm operates in California, Northern California, and Seattle Metro, emphasizing supply-constrained markets.
ESS has been in the news recently: Huawei Digital Power's Smart String & Grid Forming Energy Storage System (ESS) has successfully passed an extreme ignition test, demonstrating safety by having 12 cells activated without any fires or explosions. This validation of safety standards involved testing four mass-produced units.
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