Eos Energy Enterprises has progressed to the due diligence stage in its application for a share of US$2.5 billion in US government loans.

US$16.6 million funding has been committed for five long-duration energy storage (LDES) projects in New York by the US state’s government.

Duke Energy would still choose lithium-ion for an upcoming 7.3-hour duration energy storage system in Florida if it redesigned the project today, a spokersperson told Energy-Storage.news.

The US government Department of Energy is looking for public input into how US$675 million of funding for R&D into Critical Materials should be best directed.

Eos Energy Enterprises now has an order backlog worth US$457.3 million following a busy quarter for the US zinc-based battery storage solutions provider.

Zinc-based battery energy storage system provider Eos Energy Enterprises has secured a US$85 million loan facility with Atlas Credit Partners (ACP).

Generate Capital has acquired US large-scale battery storage developer esVolta.

We hear from Enervenue CEO Jorg Heinemann on why metal-hydrogen technology can be a direct competitor to lithium-ion.

Update 7 July 2022: Eos Energy Enterprises confirmed that the additional orders from Bridgelink will be for Texas projects.