The CEO of ‘All-iron’ flow battery manufacturer ESS Tech Inc (ESS Inc) has resigned, one of a number of steps the company has taken to ‘position it for the future’ after slower-than-expected growth.
Eos Energy Enterprises has signed a joint development agreement (JDA) with FlexGen Power Systems to develop a fully integrated battery energy storage system (BESS) solution using Eos’ zinc batteries and Flexgen’s Energy Management System (EMS).
The Department of Energy’s (DOE) Loan Programs Office (LPO) has announced a conditional commitment for a loan of up to US$15 billion to California utility Pacific Gas & Electric Company (PG&E).
Another edition of our irregular news in brief feature: Eos Energy Enterprises closes a US Department of Energy loan deal, UBS picks an AI-driven asset optimiser and financial close for a solar-plus-storage project at an Arkansas steel rebar plant.
International Electric Power is proposing a long-duration energy storage project on the Marine Corps Base Camp Pendleton, California utilising Eos Energy Enterprises’s zinc cathode battery technology.
The US Department of Energy (DOE) will guarantee a loan from U.S. Bancorp Impact Finance for a project pairing 15MW of solar PV with 70MWh of long-duration energy storage (LDES) on Tribal Lands in California.
System integrator Stem Inc has received a warning from regulators over its NYSE listing, while zinc battery technology firm Eos Energy Enterprises completed the first milestones related to private equity firm Cerberus’ investment.
