Yesterday was a milestone day in Eos history...x4! The team successfully achieved all 4 operational milestones to unlock the next tranche of the Cerberus strategic investment, w/ our SotA line achieving <10 sec cycle times & quality yields in the high 90%!
We've successfully launched commercial production on SotA line1 in Turtle Creek! This operational milestone, & our recent investment from
@CerberusCapital
, are both clear indications that we have the resources to scale production & meet the growing demands
We’ve been recognized as a Tier1 energy storage supplier by
@BloombergNEF
for the first time ever and are 1 of 5 US companies & 1 of 2 alternative battery technologies on the list! This list is curated based on rigorous standards each quarter – we couldn't be prouder of our team!
Last week we achieved a critical Project AMAZE milestone! With
@AcroAutomation
&
@ROKAutomation
, we completed FAT on SotA Line 1, scheduled for SAT by the end of Q2 2024. Multiple companies executed as one team & we are so proud of each person that helped achieve this milestone!
Today we announced an expansion of our partnership with
@indianenergyllc
to add 25 MWh of capacity to reach 60 MWh, our largest order funded by
@CalEnergy
! The installation in Alpine, CA will include a mix of our Z3™ and Gen 2.3 systems. Read more:
Today marks 5 years since our 1st piece of equipment was placed into an empty Mon Valley building. Today, we’re executing our strategy to build vibrant world class clean energy manufacturing facilities!
Dominion Energy Virginia has selected the Eos Z3™ energy storage system to provide 16 MWh of storage as part of a proposed groundbreaking pilot project in effort to increase energy discharge duration.
Seeing is believing! It was a pleasure having our customers witness our first state-of-the-art manufacturing line in action and meet the dedicated employees who make it all happen. Better never stops!
The Eos Z3™ battery modules have received
@UL_Solutions
1973 standard certification affirming the safety and reliability of our batteries. Another step towards a safer, greener future!
#EOSE
#LDES
#CleanEnergy
Check out this sneak preview of our state-of-the-art Line 1 being assembled at Acro Automation Systems as we prepare for 2024 factory acceptance testing! Join us on 12/12 for more!
Today we announced a transformational strategic investment of up to $315.5 million from
@CerberusCapital
, a leader in alternative investing, enabling us to accelerate our growth to meet the increasing demand for battery storage solutions! Read more:
Better Never Stops, improved Eos Z3™ battery & Eos Cube™ is in production in Turtle Creek, PA after 12 months of development, with 15 years & 3+ million cycles of experience behind it. Eos Z3 Cube: same safety, same flexibility, better performance, powering a new energy future!
SotA Line 1 installation continues to progress as planned! We achieved another key milestone this week with the successful power-on of section 1 of 6, with over 95% of the system successfully delivered to the Eos Turtle Creek facility!
We’re honored to supply the Viejas Band community with a safe and reliable zinc powered energy storage solution and be part of a significant advancement in sustainable energy solutions within California. The future of energy independence looks bright!
It’s love at first EOAT! End of Arm Tooling (EOAT) testing is a big milestone in automation development; it’s when a standard robotic arm joins the Eos team! Last week at Acro, we began EOAT testing with production quality material – another step towards full line power-on!
It was a GOOD FRIDAY last week as we shipped the final Eos Z3™ Cube for our 1st project in Texas! We couldn’t be prouder of the teams' dedication to get to the finish line. We're looking forward to starting Q2 and keeping you updated with upcoming milestones. Better never stops!
Repeat customers is key to our success! We’re excited to announce the expansion and extension of our existing agreement with
@PGRenewables
to deliver 500 MWh of energy storage over the next five years!
With recent increased demand for LDES technology caused by AI & IRA legislation, companies must quickly transition to large-scale, commercial production to meet the growing need.
@JoeMastrangelo8
spoke with
@_LatitudeMedia
about Eos' plans to achieve scale
We’re excited to announce that we recently achieved “Power On” status of all motion systems of our first state-of-the-art manufacturing line with our automation partner
@AcroAutomation
! Another significant milestone towards Factory Acceptance Testing in ACRO’s Wisconsin facility!
Fresh from the field! A glimpse at the first Eos Z3™ Cubes being installed in Texas. This project began shipping in Q4, with the final cube shipping just last week! Seeing cubes on foundations means we’re one step closer to Z3 systems operating in the field!
Big thanks to
@bstorrow
(
@politico
&
@EENewsUpdates
) for visiting our facility last week for discussions with
@JoeMastrangelo8
& Eos leaders! Our talented team is working hard to scale our new SotA manufacturing line & shared their perspectives with Ben on our journey to scale!
Recent reports of noise and fire risk hinder BESS adoption. Because our battery is nonflammable and doesn’t need fire suppression systems, the Eos Z3™ Cube is quiet, barely registering above a normal conversation (50-65 decibels) based on our latest tests
An American manufacturing renaissance! The bipartisan China tariff announcement by The White House is critical to building American manufacturing capabilities. We’re proud that our U.S.-made BESS systems support the safe & secure transition to clean energy!
From a drawing on 12/12 to our first unit on 4/12! Our new in-line cube is a cleaner, simpler design that reduces manufacturing cycle time and minimizes wiring & connections, leading to faster customer installation times and lower product costs.
An important milestone completed!
Eos was the first non-lithium-ion battery manufacturer to receive a conditional commitment loan guarantee from the DOE's LPO. Check out our LinkedIn post to learn more about what makes us so different:
By striving for 100% American made raw materials, we aim to reduce risk to our supply chain while lowering logistics costs; a manufacturing renaissance that is also good business.
We reached 1 GWh of discharged energy across our systems operated by customers in the field! Our largest cycle this year was almost 50 MWh of energy over a 4-hour period––enough to power 10,000 homes—one of the largest 4-hour non-lithium-ion cycles ever completed.
Based on
@BakerTillyUS
review, Eos is proud to have recently determined that our Eos Z3™ product is made up of over 90% ‘domestic content’ (with plans to reach 100%)! American-made ingenuity helps all of us in this clean energy transition! Read more here:
We can’t say thank you enough to our green-collar workforce! Happy Employee Appreciation Day to our teams putting American ingenuity to work every day to create a more positive future for everyone! Thank you for helping us transform how the world stores power!
🔋Just in!🔋Eos announces a multiyear agreement with
@SABIC
to develop and manufacture a new resin material for our Z3™ battery with lighter weight, low-cost conductive composite thermoplastic to scale Z3 battery production and reduce battery module cost!
BloombergNEF predicts that the US energy storage capacity will reach 200 GWh by 2026. See our LinkedIn post for why we are eager to play a part in the energy transition:
As we examine different technologies for large scale energy storage systems, the research below suggests we should de-emphasize the importance of cell energy density and instead focus on site energy density.
🔋 Eos Insights🔋 Discussing the US grid with Eos Chief Customer Officer, Marshall Chapin! "Every part of Eos is focused on our path to profitability & and we are excited to be contributing to a new energy future!"
CEO
@JoeMastrangelo8
will join other industry leaders tomorrow at the
@WUCongress
as a panelist to share insights on how long-duration energy storage, like the Eos Z3™, can address intermittency challenges and help create a more sustainable and resilient energy grid.
#WUC24
The 100th Z3™ Cube was recently produced in just 5 months from the production of our 1st cube! A lot of hard work goes inside every cube, and a great team is at the heart of everything we do, so let’s hear from the AMAZING team that made this milestone possible!
Eos CEO, Joe Mastrangelo, will be participating in a panel discussion on July 26th at the Energy Storage Grand Challenge Summit
#ESGCSummit
. Joe will join several industry leaders to discuss wins in developing domestic energy storage manufacturing infrastructure.
#EnergyStorage
Eos has been recognized as one of
@FastCompany
's 2023 Innovation by Design winners! Our Znyth™ 2.3 battery technology was named a winner in the Midsize Business: 100–999 Employees category. Thanks to Fast Company, our incredible team, and our supporters!
#InnovationByDesign
Semi-automated line: There have been many innovations in building Z3 manufacturing capability. Yesterday, I spoke about this one. Originally we had planned to do this operation manually & one of the ways we improved our cycle time and quality was developing this semi-automated
Things really are bigger in Texas! According to data from the EIA, Texas, a key target market, is expected to outpace California in total GW of energy storage for the first time, and Eos is one of many companies helping the state scale capacity!
The U.S. set a record in clean energy investments in Q1 - and battery manufacturing investment alone grew by 36%! These investments, including our recent announcement of
@CerberusCapital
' investment, are critical for meeting the demand for LDES!
Eos’ board member,
@MimiWaltersCA
, is headed to Portland, OR to speak LDES at the American Clean Power Association for the inaugural
#ACPRECHARGE24
! We look forward to her discussing how Eos, and batteries, are an integral part to the energy transition!
Solar penetration & electric heating are shifting net peak demand from summer to winter & evidence points to the need for 8+ hrs of storage. Eos Z3™ systems are suited for 8+ hrs of discharge in these conditions— a solution to grid stabilization
- Working together - Monday, we hosted TETRA Technologies at
@AcroAutomation
for a live update of the progress on the State-of-the-Art Manufacturing Line. Always exciting to share progress with our close partners and let them see the AMAZING progress on scaling manufacturing!
Happy Renewable Energy Day! Renewable energy is poised to account for over 42% of global electricity generation by 2028, and to meet the demand of cities across the US, battery storage systems like Eos’ Z3™ Cube are critical. We’re proud of our role in this shift to
#CleanEnergy
Eos announces an expanded agreement establishing TETRA as the preferred strategic supplier of electrolyte products – a partnership to help achieve expected growth, reduce costs, and take us closer to a US based supply chain!
The Znyth™ Z3 battery is a zinc-powered battery that packs industry-leading advantages into long-duration energy storage systems. Eos is helping the US through the sustainable energy transition, while navigating the challenges faced by the current electrical infrastructure.
Eos is excited to be partnering with ACRO Automation Systems on the design, development, and implementation of our first state-of-the-art manufacturing line. In addition to being an industry leader, ACRO is a U.S-based company with 80 years of experience.
The
@pasolarcenter
recognized Eos with the Energy Lodestar award for our efforts investing in & developing clean & renewable energy in PA and across the nation. It highlights our commitment to accelerating the shift to clean energy and transforming the way the world stores power.
Our CEO
@JoeMastrangelo8
participated in a roundtable discussion today to discuss the positive effect the IRA has had on America’s clean energy transition. The event was hosted by
@ClimatePower
and led by
@johnpodesta
—you can watch it here:
Today, Eos reported Q4 and 2023 full year financial results, with total revenue in the fourth quarter up 148% year over year. We're excited to carry this positive momentum into 2024! You can access the Q4 earnings webcast here:
Eos and the Mon Valley are going to lead the way on clean energy storage production. When we passed the Inflation Reduction Act, this is the kind of project we had in mind. It’s not only an investment in cutting edge technology, but also in Pennsylvania workers.
In Good Company, honored to hear Project AMAZE mentioned today on
@ROKAutomation
Q1 2024 Earnings Call! A positively ingenious partnership!
Here’s what CEO Blake D. Moret had to say:
What differentiates Eos in the long duration energy storage space? Learn about the 6 concepts that make our Eos Z3™ systems stand out! The infographic below shows what makes Z3 a “good neighbor” - positively ingenious. Powering the future!
Thanks for the feature
@bstorrow
! Read more about the team’s outstanding efforts in Turtle Creek to scale production of our batteries to meet the country’s energy demands. Investments in companies like ours drive American manufacturing forward and ensure energy independence!
Eos and Partner4Work announced a $500,000 co-investment effort aimed at green technology career development. See our recent press release to learn more about the program!
On Monday, Eos kicked off its Community Listening Sessions in Braddock, PA. We wanted to hear directly from the community members as we develop our Community Benefits Plan and hope Eos can continue to be central to developing solutions to the challenges in the Mon Valley!
Exciting news! Eos Energy will be at
@REPlusEvents
this year, and we'd love to connect with you. Stop by booth N97049 in North Hall 200 to meet our sales team and our SVP of Global Sales, Justin Vagnozzi. Hope to see you there!
#REPlus24
Reminder! Eos’ special stockholder meeting is on Sept 10th, and we need your vote! To conduct the meeting, we need 50% quorum. Your voice as a stockholder remains crucial in shaping the future of Eos, and every vote counts!
Join Eos for a Community Listening Session! We're developing a Community Benefit Plan and need your input to learn how we can contribute to the Mon Valley towns surrounding our manufacturing facility in Turtle Creek. Let's shape the clean energy future together!
Hear from Eos CEO
@JoeMastrangelo
on how we're scaling to meet the growing demand for energy storage, prioritizing local supply chains, and more.
Listen to the full episode on the Sustaining Sustainability Podcast
@PittCSB
🔋 Eos Insights🔋 A US Manufacturing Renaissance with Eos Chief Operating Officer, Daniel Amezquita! “The Eos strategy to scale is centered on building capacity with a disciplined and iterative approach to ensure capital efficiency…”
Our time in Turtle Creek has been full of growth, and we want to ensure we are bringing the community together to share in our success. Each day we strive to defy common limitations and put American ingenuity to work, but we want our impact to go beyond the factory walls!
Eos is excited to attend the
@Intersolar
Conference June 14th-16th to share our latest projects and learn from fellow industry leaders. If you are attending, come visit our stand B2. 578. We are looking forward to discussing industry trends and the future of Energy Storage.
Thank you to the local town councils for supporting our growth plans in the Mon Valley! Local support and relationships are critically important as we coordinate with our supply chain partners to meet growing customer demand.
Congratulations Steve Laich, Director of Operations. Steve is
@PghBizTimes
' "20 People to Know in Manufacturing". We're incredibly proud of Steve’s leadership at Eos as we advance Clean Energy innovation.
🔋 Vote for Eos! 🔋 We’re honored to be nominated for the Coolest Things Made in PA! What’s cooler than safe, scalable, US-made battery storage systems? Vote below!
Since starting at Eos in April of 2023, CCO Marshall Chapin has been a key leader in positioning Eos for long term growth. Today, he speaks on the market need for LDES and Eos' role in the green energy transition at the
@Reuters
Energy Transition event in Houston!
#ETNA2023
Last week Eos held another listening session in East Pittsburgh as a part of our Community Benefits plan. Again, the community showed up and told us what matters to them. We value and prioritize our local voices. Strong community engagement leads to strong community progress.
Chief Executive Officer Joe Mastrangelo and Chief Financial Officer Nathan Kroeker will attend the Evercore ISI Global Clean Energy & Transition Technologies Summit in New York City on June 15th&16th. The summit will host 50+ leading energy transition companies & professionals.
Thank you
@Intersolar
for hosting an engaging and informative event and allowing us to connect with leaders across the energy storage space. We're excited about the possibilities that lie ahead as we work together to accelerate the transition to a cleaner more sustainable future.
No two communities are the same, and we hope that having an open dialogue will allow us all to become better acquainted and hold conversations that drive community development. Together, we can create a lasting impact.
Last Friday Eos hosted a community listening session in Forest Hills, and the community came together to make their voices heard. We are eager to hear more on how we can collaborate with community advocates for positive change.
We don’t want to create any confusion; this photo is of Gen2.3 stacked systems. And remember, Eos is not a flow battery! We share an aqueous electrolyte; however, we charge and discharge the system without pumping the electrolyte!
As we examine different technologies for large scale energy storage systems, the research below suggests we should de-emphasize the importance of cell energy density and instead focus on site energy density.
Voting for our upcoming special stockholders meeting is now open! We have put forward 2 important proposals and need your vote.
Help shape the future of Eos by voting FOR the issuance cap and adjournment of the special meeting if necessary.
More details-->
Eos spent nearly two weeks on the ground listening to community members. Last week we wrapped our community listening sessions in Rankin as a part of our Community Benefits plan. Yet again, the Mon Valley came out to raise the issues that are most important to their community.
Have you registered for
@REPlusEvents
yet? Visit the Eos Energy booth (N97049) to meet the Eos team. Let’s talk about how our non-flammable, flexible, and functionally silent Z3™ solution can meet your energy needs!
#REPlus2024
As part of our efforts to support the local economies of the communities where we operate, we look forward to hosting local members from several town councils at our upcoming Town Council Factory Visit on June 16.
We are highly confident in our capacity expansion plans which have the potential to create several hundred jobs in our factory or indirectly supporting our growth over the next couple of years.
Eos continues to lead the way in the clean energy transition by creating clean energy career paths that support American innovation and meet the demand of the world’s energy storage needs.
We’re excited to share another
#milestone
: Our Z3 team (pictured here) has completed the first Eos Cube™
#EnergyStorage
system powered by our next-generation Eos Z3™
#battery
! These systems achieve a ~15% reduction in size and ~35% higher energy density than earlier versions.
The Z3 Team (pictured here with the 500th Eos Z3™ battery as it came off the line,) along with all of us here at Eos, are fully charged and ready to continue accelerating the shift to
#CleanEnergy
.
#PositivelyIngenious
As U.S.-based cleantech and
#EnergyStorage
expand, we should stay focused on "creating not jobs but career paths for people to get to middle class."
Read about efforts to boost America's
#CleanEnergy
sector in this writeup from
@FT
Thrilled to announce our agreement to provide over 1 GWh of energy storage projects to Hecate Energy over the course of the next 24 months across CO, NM, and TX. Please read more:
#batterystorage
#batterytechnology
#sustainability
Very pleased to announce today our agreement to supply Carson Hybrid Energy Storage, LLC with six units of Eos Aurora® 500 kWh Zinc Hybrid Cathode Battery Energy Blocks.
We're excited to announce that Eos has been invited to the due diligence stage of the U.S. Department of Energy's Title XVII Innovative
#CleanEnergy
Loan Guarantee Program under the
#RenewableEnergy
and Efficient Energy solicitation.
Eos held our third Community Listening Session in the Mon Valley this week, last night at North Braddock. Every voice and every opinion matters when it comes to building a better community.
Every month we achieve more important
#milestones
. We're landing large orders with leading
#RenewableEnergy
developers, our
#manufacturing
capacity expansion is ramping up as planned, and pictured below is the 100th Eos Energy Block being loaded out as it leaves our PA facility.