Energy storage technology firms Eos and Energy Vault have both released their Q2 results, with contrasting figures but both still having a long way to go to scale up and reach profitability.

Over the past few days, non-lithium long-duration energy storage (LDES) technology providers have made a plethora of announcements.

US zinc hybrid cathode battery storage manufacturer Eos Energy Enterprises has agreed a financing package with private equity firm Cerberus, comprised of separate loan and revolver facilities totalling US$315 million.

US zinc hybrid cathode battery storage manufacturer Eos Energy Enterprises has reaffirmed revenue guidance and expects to achieve a positive contribution margin this year.

The Australian Renewable Energy Agency (ARENA) is funding trial deployments of two different non-lithium battery technologies at microgrids in Western Australia.

Another look at the fortunes of a trio of long-duration energy storage (LDES) providers with non-lithium technologies.

Zinc battery storage company Eos Energy Enterprises has received positive news from the US Department of Energy (DOE) regarding a US$398.6 million loan.

Zinc battery firm Eos Energy Enterprises saw reduced activity in Q2 as it transitioned to its Z3 product, while CEO Joe Mastrangelo discussed its backlog, the subject of a recent short-seller note.

Zinc battery firm Eos Energy Enterprises has responded to a short seller note which saw its share price nearly halve on Thursday last week.

Startup ZincFive, maker of a novel nickel-zinc battery for stationary storage applications, has brought its total investment raised since founding seven years ago to more than US$200 million.