Eos Energy Storage Reveals Extra Agreement with Carson Hybrid Energy Storage

• Eos Energy Storage, a leading supplier of risk-free, low-priced and long-duration zinc battery storage systems, today introduced that it has actually entered into an agreement to supply Carson Hybrid Energy Storage, with six systems of Eos Aurora ® 500 kWh Zinc Hybrid Cathode Battery Energy Blocks.

Eos will make, style and deliver its zinc-based battery solutions to CHES by very early summertime 2021. These safe, lasting, long period of time battery remedies will certainly be utilized in parallel with existing power generation as well as substation design to store renewable energy generated capability, as well as to give power high quality and also much better resilience to the California power grid. Last month, Eos entered a separate contract with CHES to provide 500 MWh of integrated AC battery energy storage systems beginning in the first quarter of 2023.

" We are delighted to collaborate with Carson Hybrid Energy Storage to give this solution at their peaker facility in California," said Dr. Balki Iyer, Chief Commercial Officer at Eos. "Our system supported CAISO throughout current grid disturbances as well as wish it will certainly give great worth in regards to need management as well as resilience. We are extremely delighted to be constructing these tasks with Carson while also collaborating with them on the larger 500 MWh job."

" In population-dense Los Angeles, California, the non-flammable Eos Aurora ® Zinc Hybrid Cathode Battery Energy Blocks provide CHES an energy dense storage service that does not place our neighbors or initial -responders at risk of a runaway Lithium Ion fire or surge," claimed Mike Munoz, Chief Executive Officer of Carson Cogeneration. "This first installation in our partnership with Eos allows CHES to sustain the 2016 California Public Utilities Commission (CPUC) Distributed Energy Resources Action Plan with demand fee monitoring, regional capability and also grid durability."

Eos' zinc-based battery systems are one-of-a-kind for their scalable layout, ability to endure extreme temperature levels, widely readily available and non-rare earth materials, and also full recyclability. The system is likewise a cost-effective energy storage option, with a 15-year to 30-year life and marginal installment as well as upkeep costs. These are among the many qualities that distinguish Eos' zinc-based batteries from the lithium-ion option.

As previously revealed, B. Riley Principal Merger Corp. II (BMRG), an openly traded unique purpose procurement business, as well as Eos have actually become part of a conclusive merging agreement for a business mix that would lead to Eos becoming a publicly detailed company. Upon closing of the purchase, the combined business will be renamed Eos Energy Enterprises, and intends to provide its shares of common stock on Nasdaq under the ticker symbol "EOSE".