In this Energy-Storage.news roundup, Energy Vault enters the Swiss energy storage market, ZincFive raises Series F financing, and Convergent Energy and Power secures a multimillion-dollar facility provided by NY Green Bank.
US zinc battery storage manufacturer Eos Energy Enterprises has completed two financing transactions totalling over US$1 billion to strengthen its financial position and fund expansion.
Zinc hybrid cathode battery and storage system maker Eos has secured an order with Faraday Microgrids to deploy a 3MW/15MWh system on tribal land in California, US.
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 government of California has approved a US$42 million grant to Pennsylvania-based IPP International Electric Power (IEP) for a long-duration energy storage project at Marine Corps Base Camp Pendleton, in San Diego County.
Agreements to deploy 1GWh of novel aqueous zinc battery energy storage in Texas and 500MWh in California have been struck by technology provider Eos Energy Storage, marking a massive scale-up in expected installations for the systems.
