Zinc battery energy storage system provider Eos Energy Systems finished 2021 with an order backlog of US$148.7 million and a net loss for the year of US$124.2 million.
From data centres to long-duration storage for the grid, zinc looks increasingly likely to play a part in the energy transition, writes Dr Josef Daniel-Ivad from the the Zinc Battery Initiative.
A 100kW/1.5MWh zinc-based battery energy storage system (BESS) will be installed at a 32-building housing development in Queens, New York, supported by the New York State Energy Research and Development Authority (NYSERDA).
Gravity-based energy storage technology company Energy Vault has formed a strategic partnership with non-ferrous metals smelting and refinery company Korea Zinc, including a US$50 million investment commitment.
Eos Energy Enterprises has a total order backlog for its zinc battery-based energy storage of 389MWh, worth nearly US$100 million, but expects to only be able to recognise US$5 million in revenues for 2021.
Eos Energy Enterprises, the NASDAQ-listed designer and manufacturer of energy storage systems based on the company’s aqueous zinc battery technology, has announced three large-scale projects in the US and India.