Last week long-duration energy storage company Eos Energy, which makes a zinc-based battery, announced it had secured an investment of up to $315.5 million from Cerberus Capital Management. And yesterday, the company said it had started commercial production of its “Eos Z3” batteries in Pennsylvania.
The company’s next challenge is one that has largely evaded the LDES sector more broadly: deployment at scale. But at long last, investors have said that they see a light ahead for the sector — and Eos is aiming to prove out that bet.
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