Hecate Energy gets 1 GWh of Eos zinc batteries for UNITED STATE projects

• Zinc battery producer Eos Energy Storage has authorized an agreement to give over 1 GWh of energy storage space projects at an estimated worth of greater than $250 million to developer Hecate Energy.

Eos will create, produce, as well as deliver its zinc-based battery services to Hecate throughout the next 24 months across Colorado, New Mexico and also Texas. The projects are a mix of standalone battery storage and also storage space combined with solar PV for renewable energy ability.

These projects are a measure of the moving dynamics of the energy storage market from much shorter duration systems, which are generally utilized for fast action power (such as regularity regulation or height shaving), to longer duration systems, which are far better fit for improving total grid resiliency and also capacity-firming purposes.

" We are excited to be dealing with a top-tier designer like Hecate," said Joe Mastrangelo, Chief Executive Officer at Eos. "During the last 18 months, we have been extremely focused on operationalizing our business as well as bringing our low-cost, nontoxic, nonflammable, zinc-based battery remedies to the market. The financial investment in our modern production facility in Pittsburgh, Pennsylvania, is paying dividends as we are refining battery orders from clients around the world. This agreement with Hecate is one more substantial turning point in our company's remarkable growth and also, importantly, it's additional verification that significant energy programmers are progressively looking for reduced price and also competitive non-lithium choices like ours for significant projects. Our tangible pipe has actually grown by over 70% in the last a number of months as well as we anticipate proceeding this favorable business momentum."

" Hecate is thrilled to work with Eos," stated Fazli Qadir, Chief Technology Officer of Hecate Energy. "Eos' technology is a fantastic suitable for the longer-duration application requirements of these projects, and also we're delighted by the capacity of Eos' options to flexibly run throughout a range of use situations that are front and also facility in the energy sector."

Eos' zinc-based battery systems are made in the United States and were designed specifically for the stationary storage market. They are unique for their scalable design, ability to hold up against extreme temperature levels, extensively available as well as non-rare planet materials, as well as full recyclability. The system is likewise a cost-effective energy storage service, with a 15-year to 30-year life and marginal installation and maintenance prices.