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.
The drive towards longer duration energy storage will likely be multifaceted, with different technologies finding their place both in front of and behind the meter.
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