Eos Energy Storage powers into new year with firm's biggest order to date
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Eos Energy Storage became a publicly-listed company last November. Photo: Eos
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Eos Energy Enterprises has announced a $20m (£14.7m) order – its biggest to date – for its zinc-based system to provide at least 90MWh and as much as 180MWh of energy storage over the next 24 months.
EnerSmart, a developer, owner and operator of utility scale energy storage projects, has placed a firm order for Eos’ Znyth battery technology to improve grid stability and boost the use of renewables at multiple locations in California.
The first project, anticipated to supply 9MWh of storage in El Cajon to California’s independent grid operator, CAISO, is valued at $2m (£1.5m) with installation scheduled for the fourth quarter of 2021.
Continuous power
Eos chief commercial officer Balki Iyer said the deal "will expand our installed base and continue to show the demand for longer duration storage”.
The Znyth battery is designed to provide continuous power upon installation and "is anticipated to have a useful life of 20 years”, Eos said. "This positively ingenious storage solution developed in Edison, New Jersey, is proven to be safe across a wide range of operating conditions and will be shipped from Eos’s manufacturing facility in Pittsburgh.”
Last summer, Eos signed a letter of intent with B Riley Principal Merger Corp II and Eos became a publicly-listed company in November.
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EnerSmart, a developer, owner and operator of utility scale energy storage projects, has placed a firm order for Eos’ Znyth battery technology to improve grid stability and boost the use of renewables at multiple locations in California.
The first project, anticipated to supply 9MWh of storage in El Cajon to California’s independent grid operator, CAISO, is valued at $2m (£1.5m) with installation scheduled for the fourth quarter of 2021.
Continuous power
Eos chief commercial officer Balki Iyer said the deal "will expand our installed base and continue to show the demand for longer duration storage”.
The Znyth battery is designed to provide continuous power upon installation and "is anticipated to have a useful life of 20 years”, Eos said. "This positively ingenious storage solution developed in Edison, New Jersey, is proven to be safe across a wide range of operating conditions and will be shipped from Eos’s manufacturing facility in Pittsburgh.”
Last summer, Eos signed a letter of intent with B Riley Principal Merger Corp II and Eos became a publicly-listed company in November.
Related articles in our archive: