Dr. Fatih Birol

Chinese industrial and innovation policies focused on expanding solar panel production and markets have helped solar PV become the most affordable electricity generation technology in many parts of the world. However, this has also led to imbalances in solar PV supply chains, according to the International Energy Agency Special Report on Solar PV Global Supply Chains, the first study of its kind by the agency.

The report examining solar PV supply chains from raw materials all the way to the finished product, covering areas such as energy consumption, emissions, employment, production costs, investment, trade and financial performance.

It finds, for example, that the electricity-intensive manufacturing of solar PV is mostly powered by fossil fuels today because of the prominent role of coal in the parts of China where production is concentrated – but that solar panels still only need to operate for four to eight months to offset their manufacturing emissions. This brief payback period compares with the average solar panel lifetime of around 25 to 30 years. Increasing decarbonization of electricity supplies and greater diversification of solar PV supply chains should both help reduce this footprint in the future, the report notes.

China has driven down solar PV manufacturing costs, helping spur the vital technology’s success while at the same time resulting in a major concentration of global PV supplies

Ensuring a secure transition to net zero emissions will require increased efforts to expand and diversify global production of solar panels whose global supply chains are currently heavily concentrated in China, the IEA states.

Global manufacturing capacity for solar panels has increasingly moved out of Europe, Japan and the United States over the last decade and into China, which has taken the lead on investment and innovation. China’s share in all the key manufacturing stages of solar panels exceeds 80% today, according to the report, and for key elements including polysilicon and wafers, this is set to rise to more than 95% in the coming years, based on current manufacturing capacity under construction.

“China has been instrumental in bringing down costs worldwide for solar PV, with multiple benefits for clean energy transitions,” says Fatih Birol, IEA’s executive director. “At the same time, the level of geographical concentration in global supply chains also poses potential challenges that governments need to address. Accelerating clean energy transitions around the world will put further strain on these supply chains to meet growing demand, but this also offers opportunities for other countries and regions to help diversify production and make it more resilient.”

Meeting international energy and climate goals requires the global deployment of solar PV to grow on an unprecedented scale. This in turn demands a major additional expansion in manufacturing capacity, raising concerns about the world’s ability to rapidly develop resilient supply chains. For example, annual additions of solar PV capacity to electricity systems around the world need to more than quadruple by 2030 to be on track with the IEA’s pathway to reaching net zero emissions by 2050. Global production capacity for the key building blocks of solar panels – polysilicon, ingots, wafers, cells and modules – would need to more than double by 2030 from today’s levels and existing production facilities would need to be modernized.

“As countries accelerate their efforts to reduce emissions, they need to ensure that their transition towards a sustainable energy system is built on secure foundations,” Dr Birol adds. “Solar PV’s global supply chains will need to be scaled up in a way that ensures they are resilient, affordable and sustainable.”

Governments and other stakeholders around the world have begun to pay increasing attention to solar PV’s manufacturing supply chains as high commodity prices and supply chain bottlenecks have led to an increase of around 20% in solar panel prices over the last year. These challenges – particularly apparent in the market for polysilicon, a key material for making solar panels – have resulted in delays in solar PV deliveries across the globe and higher prices. The IEA special report argues that these challenges call for even greater attention and efforts by policy makers going forward.

Because diversification is one of the key strategies for reducing supply chain risks worldwide, the special report assesses the opportunities and challenges of developing solar PV supply chains in terms of job creation, investment requirements, manufacturing costs, emissions and recycling. It finds that new solar PV manufacturing facilities along the global supply chain could attract USD 120 billion of investment by 2030. And the solar PV sector has the potential to double the number of PV manufacturing jobs to 1 million by 2030, with the most job-intensive areas in the manufacturing of modules and cells.

The special report summarizes policy approaches that governments have taken to support domestic solar PV manufacturing and highlights priority areas for action to improve security of supply and to address key challenges such as environmental and social sustainability, investment risks and cost competitiveness.

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The Honourable Mary Ng

Canadian Trade Minister Mary Ng has stated that the U.S. is lifting Canadian solar product tariffs following a trade dispute settlement panel’s decision in favor of Ottawa earlier in 2022, states Reuters.

Canada had argued in its case that the tariffs violated U.S.-Mexico-Canada Agreement terms, reports Ismail Shakil. The panel confirmed that they were in violation with the U.S. also stating it had won other parts of the decision.

The two countries have been negotiating since February on the dispute resolution.

Read the full article here.

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Denise Carlson

Mobility supplier DENSO is participating in a portfolio of solar projects that will help power operations at its Maryville, Tenn. facility. Through a collaboration with local utility City of Maryville Electric Department, the Tennessee Valley Authority (TVA) and Silicon Ranch Corp., DENSO will receive a portion of the renewable energy generated by four solar power plants, starting with one located on DENSO’s Maryville campus. This work helps supports DENSO’s involvement in the U.S. Department of Energy’s Better Plants program.

“DENSO is developing mobility technologies to support a better planet, while also making sustainability gains across our global footprint,” says Denise Carlson, vice president of DENSO’s North America Production Innovation Center and sustainability lead in the region. “This partnership marks an important milestone along this journey and furthers us on our path to a safer, greener future.”

The City of Maryville has supported DENSO’s sustainability objectives. The Maryville City Council recently approved three contracts between the City of Maryville Electric Department and independent power producer Silicon Ranch for a total of 10.5 MW AC of solar energy under TVA’s Generation Flexibility program, a portion of which will serve DENSO’s local operations. The program enables participating local power companies to generate up to 5% of their total energy load.

“TVA’s Generation Flexibility program offered us the right vehicle to serve the needs of Maryville’s largest employer while attracting significant capital investment to our community,” states Baron Swafford, City of Maryville Public Utilities’ director. “This cooperative effort is reflective of the goals of City leadership to support and assist our customers in successfully achieving their objectives.”

In addition to its role in the three solar projects under TVA’s Generation Flexibility program, DENSO will also participate in TVA’s Green Invest program through a fourth Silicon Ranch facility. The program offers business and industry a timely and cost-effective solution to aggressively meet their sustainability goals. Further details on the project will be provided once agreements have been completed with all Green Invest participants.

“TVA is building the energy system of the future, and we applaud City of Maryville Electric and DENSO for leveraging two versatile, customer-focused TVA Green programs to meet their needs,” comments Doug Perry, TVA’s senior vice president of commercial energy solutions. “Partnering with developers like Silicon Ranch helps us meet customer sustainability goals, improve the Valley carbon position and drive positive economic impacts in the communities we serve.”

On behalf of City of Maryville Electric, TVA and DENSO, Silicon Ranch will fund, construct, own, operate and maintain each of the four solar power plants. “Silicon Ranch takes great pride in our role as a trusted local partner to help TVA and local power companies like City of Maryville Electric deliver value to the customers and communities they serve,” concludes Luke Wilkinson, senior vice president of project development at Silicon Ranch. “The customer-centric approach of City of Maryville and TVA reflects the best of public power, and DENSO’s sincere commitment to sustainability has helped expand our own meaningful investments here in Tennessee. Silicon Ranch is proud to contribute to this special partnership.”

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KULR is known for providing its thermal management technology for the Mars Perseverance Rover, which launched in 2020. Image: KULR/NASA.

KULR Technology Group, a developer of battery safety and thermal management technologies, is buying 75MWh of batteries from a subsidiary of Taiwan Cement Corporation (TCC).

KULR is procuring the lithium-ion battery cell capacity from TCC’s E-One Moli Energy Corporation subsidiary (Molicel), which it will combine with its own safety technology to design and build battery applications with “the highest safety ratings”, it said.

California-based KULR has a patented carbon fibre thermal management technology which uses a Passive Propagation Resistant (PPR) solution to act as a shield against thermal runaway in batteries.

The strategic relationship between the two could see KULR purchase over 700MWh of battery energy capacity from Molicel in the long-run, as part of its efforts to localise the supply chain to North America.

KULR CEO Michael Mo said: “This collaboration ensures that KULR has access to world-class Li-ion battery capacity – an increasingly scarce resource given today’s global supply chain challenges. As a total battery safety platform solution provider, we will incorporate our core technologies into battery pack design, testing and production to create the safest batteries for high value applications.”

“This is an inflection point for KULR as it positions our thermal safety solutions platform to become better entrenched in the marketplace, ultimately providing us with an opportunity to optimise logistics and to more effectively capture full value for our shareholders. As we described earlier this year, we plan to continue investing in the localisation of our production and supply chain to North America.”

“Securing this Molicel battery cell supply accelerates our ability to provide total solutions to high value customer applications with revenue potential that could exceed $350 million.”

KULR tripled revenue in 2021 to US$2.4 million.

Molicel said it is focused on developing its high-power cylindrical cell segment to be a top tier global supplier. It claims to be the first organisation in the world to produce high-power lithium-ion cells for high discharge rate applications, and it supplied the first NASA Spacesuit Li-Ion battery on the STS-133 mission back in 2011.

KULR has also provided its tech to NASA for its space missions, including the Mars Perseverance Rover, launched in 2020.

Molicel is one of several energy storage-focused subsidiaries of TCC. The company acquired NHOA (formerly Engie EPS), which provides energy storage and electric mobility solutions, and has its own ESS solution segment, TCC Energy Storage.

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The Moment Energy co-founding team, from left: Gabriel Soares, CTO, Eddy Chiang, CEO, Sumreen Rattan, COO, Gurmesh Sidhu, CPO. Image: Moment Energy.

Mercedes-Benz is supplying second-life batteries for Canadian startup Moment Energy’s energy storage solution (ESS), the automotive player’s second such deal in three months.

The company, through its ESS-focused Mercedes-Benz Energy subsidiary, has partnered with British Columbia-based Moment Energy to supply used batteries for the latter’s 60kWh ESS unit.

Moment Energy, which describes itself as a second-life ESS provider, has already integrated the batteries into the unit which has a power rating of 40-320kVA. The batteries are nickel-manganese-cobalt (NMC) lithium-ion, according to Moment Energy’s technical specifications page.

It will deploy two of the systems at God’s Pocket Resort, an off-grid diesel-dependent scuba diving resort, later this year.

“Together with Moment Energy we will enable sustainable ESS-solutions for North America based on second-life batteries. We are to combine Mercedes-Benz Energy’s experience with Moment Energy’s pioneering spirit in these exciting times,” said Gordon Gassmann, CEO of Mercedes-Benz Energy.

The news comes three months after Mercedes-Benz struck a similar deal with Swedish startup BatterLoop, in a move that marked the company’s return to the ESS market after a quiet few years.

In a press release, Moment Energy said that second-life batteries typically still have 80% of their capacity when they are removed from EVs. The CEO of UK peer Connected Energy, whom Energy-Storage.news recently interviewed, says that at 75% capacity batteries still have a 10-year lifetime in stationary energy storage.

Moment Energy raised US$3.5 million in seed funding in November last year from lead investor Version One Ventures, along with Fika Ventures, Garage Capital and MCJ Collective.

Its tie-up with Mercedes-Benz Energy comes quickly after another automotive giant, Nissan, partnered with several Tennessee-based organisations to build two BESS projects using second life batteries at its headquarters in the city of Franklin.

Read more articles from Energy-Storage.news about second life energy storage applications here.

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Enervenue’s battery storage will consist of metal-hydrogen ‘vessels’ combined into larger systems. Image: EnerVenue.

Startup Enervenue has already got 5GWh of customer orders for its metal-hydrogen battery for stationary storage, with a 25GWh opportunity pipeline in North America alone.

The company is rapidly commercialising its batteries, which are based on a technology used in space applications like on the International Space Station and the Hubble telescope.

Enervenue believes a low-cost, durable version for terrestrial use can become a market leader in stationary energy storage, CEO Jorg Heinemann told Energy-Storage.news.

The company only emerged from stealth mode in August 2020. Having since raised US$125 million, including a US$100 million Series A funding round in Q3 last year and more recently securing a key materials supply deal, its cells – or ‘vessels’ as the company describes them – are being made on a semi-automated production line in Fremont, California.

High-volume production is expected to begin before the end of this year in Fremont and a gigafactory is being planned for a site in the US Midwest, mass producing 1.2kWh vessels which can be stacked together to make much larger systems for grid-scale or even distributed energy applications.

As noted in previous coverage on this site, the technology’s advantages include the ability to operate in ambient temperatures from -40°C to 60°C for a 30-year lifespan or roughly 30,000 cycles without degradation and at charge and discharge rates from C/10+ to 5C. It can also cost-effectively provide storage durations between 2 and 12 hours, Enervenue has claimed.

“We’ve also improved on the overall performance, even better than we anticipated. Significantly better: we’re getting over 85% round trip efficiency. That basically puts us in line with lithium-ion on a net basis,” Heinemann said.

Lithium-ion of course remains very much the battery chemistry of choice for the vast majority of the stationary battery storage industry.

However, Enervenue has found a sizeable number of customers willing to accept many of its claims and pick the metal-hydrogen battery (the metal being nickel), as well as, or in some cases instead of, the more well-known incumbent.

“On the commercial side, at this point, we have over 5GWh-worth of customer commitments, including those that we’ve announced publicly: the 2.4GWh announcement with Pine Gate Renewables and the 420MWh announcement with Grupo Sonnel in Puerto Rico,” the CEO said.

“There’s another 2.5GWh that we haven’t yet announced publicly that I can tell you is there. And then we have an enormous pipeline behind that of an additional 25GWh, just in North America.”

Just before the end of June, Enervenue complete agreements for the plating equipment and supply of materials it needs, with Precision Process and Precious Plate, both based in Niagara Falls and owned by the same entity.

Precision Process will be the exclusive supplier of Enervenue’s plating manufacturing equipment and build them at the battery company’s production lines over the next five years. Precious Plate will be exclusive supplier of the batteries’ plated anode materials, again over five years.

Precious Plate will manufacture sufficient materials for 5GWh of Enervenue vessels annually by 2026 through ramp up of its facilities in Niagara Falls but has secured land to be able to support up to 10GWh of production in future.

In the full interview with Jorg Heinemann, to be published on Energy-Storage.news in the coming days, the CEO explains the competitive edge that Enervenue believes it has and why it could even beat lithium-ion with the cost reduction roadmap it has implemented.

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Installation of a grid-scale ESS Inc Energy Warehouse flow battery energy storage container unit at a project site. Image: ESS Inc.

Construction has begun of a factory for long-duration flow batteries using iron and saltwater electrolyte in Queensland, Australia.

The ceremonial first turning of sod on the site was announced yesterday by the Queensland state government and by the company behind the A$70 million (US$47.67 million) project, Energy Storage Industries Asia-Pacific (ESIAP).

Located in the Queensland city of Maryborough, the facility’s construction was welcomed by dignitaries in attendance, including Queensland Deputy Premier and State Development minister, Steven Miles, who is also a local parliamentary representative for the city.

“In the near future, power generated from a nearby wind or solar farm will be stored in iron flow batteries and help power Queensland,” Miles said.

“This manufacturing facility shows industry has confidence to invest in Queensland.”

The state government recently committed A$15 million to support the scale up of the National Battery Testing Centre in Brisbane, Queensland’s capital city, and is preparing to launch a Queensland Battery Strategy later this year.

The iron electrolyte flow battery is IP held by US manufacturer ESS Inc. Unlike vanadium redox flow batteries for which many patents expired several years ago, Oregon-headquartered ESS Inc remains the only company able to manufacture and license the technology.

Renewable energy investment group Sword and Stone Capital Management, which is behind ESIAP and shares much of its leadership team, said in a presentation to the Queensland government a while back that it spent four years evaluating and researching different energy storage technologies it could support.

It found that ESS Inc’s battery met its criteria of offering long-duration (6+ hours) storage, was low toxicity, low cost and highly reliable. It can be cycled frequently over a long lifetime with no degradation and everything, including the electrolyte, is recyclable, while the battery poses no explosive risk, Sword + Stone said.

With DC-to-DC roundtrip efficiency greater than 75% and sub-second response times to grid stability events, the battery attains its lowest levelised cost of storage (LCOS) when frequently cycled.

ESS Inc will be a familiar name to Energy-Storage.news readers. The company recorded something of a milestone for the energy storage industry when it became the first company to offer customers a “world-first” long-term insurance plan for battery storage through Munich Re in 2019. It has since extended that deal to long-term warranties.

It makes two scales of storage system, with the larger of the two, Energy Warehouse, configurable from 3MW up to 1GW, up to 16-hour duration (although the ‘sweet spot’ is considered to be between 10 and 14 hours) with 96% plant availability, over an expected 25-year lifetime and no requirement for HVAC.

Factory will ramp up to 400MW annual output by 2026

Sword + Stone said its joint venture (JV) with ESS Inc would be for manufacture, distribution and operation of iron flow batteries, targeting market demand in the Australian, Pacific and then later Southeast Asia regions.

According to Stuart Parry, a director at both ESIAP and Sword + Stone, the Maryborough factory is expected to be operational by 2024 and then ramped up in 2026 to produce 400MW of iron flow batteries annually. Around 500 workers will be employed at the Maryborough site.

Up to 80% of its components can be procured locally within Queensland and there will be plenty of renewable energy installations in the state that can leverage the products, Deputy Premier Steven Miles said.

“Energy storage is key to unlocking Queensland’s renewable energy revolution as we power towards our target of having 50 per cent renewables by 2030. Queensland is becoming a renewable energy superpower and we’re well-positioned to be Australia and Asia-Pacific’s energy storage gateway,” Miles said.

While it will be the only iron flow battery factory in Australia so far – at least until ESIAP is able to follow through on tentative plans to develop another, most likely in Townsville, Queensland – it won’t be the only facility dedicated to flow batteries by a long shot.

Various companies are developing vanadium redox flow battery (VRFB) assembly plants, VRFB electrolyte production facilities and upstream vanadium extraction and processing capabilities in the country. VRFBs were invented in Australia at the University of New South Wales.

Queensland’s state government is itself investing in the construction of a vanadium processing hub, committing at least A$10 million to the plan. This could help it capitalise on natural resources within Queensland, with funding coming from an economic recovery fund, Energy-Storage.news reported last November.

Meanwhile, another prominent player in the Australian flow battery space is Redflow, which makes a redox flow battery using zinc-bromine electrolyte and recently completed its first megawatt-scale project at a waste-to-power plant in California, US.

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Gavin McCallum

Renewco Power is expanding its platform into the U.S. with the acquisition of a 1.5 GW pipeline of early-stage, utility-scale solar projects alongside 500 MW of battery storage projects from Virginia-based developer Beaufort Rosemary.

As part of the deal, the Scottish-based renewable power business is also forming a partnership with Beaufort Rosemary to jointly develop more sites, with the goal to bring 3 GW of solar and storage projects to the “ready to build” stage within five years. The venture will focus on states in the Southeast and Midwest of the U.S. where there is a lower penetration of renewables and which have new ambitious clean energy generation goals.

Renewco’s move to the U.S. is being supported by a further funding commitment of £24 million from Corran Capital, the clean energy and sustainability investor, which raised the capital from low carbon infrastructure company, SSE plc. This brings Renewco’s total funding commitments to £48 million just nine months from formation.

“I am delighted to have completed this acquisition, expanding the Renewco platform to the U.S. and enabling us to accelerate the clean energy transition in one of the world’s largest renewables markets,” says Gavin McCallum, CEO of Renewco. “I am excited to be working in partnership with such an experienced and established developer as Beaufort Rosemary…Additionally, this investment is a significant milestone for the business and testament to the confidence our backers have in the Renewco team to execute our plan of accelerating the development of clean energy projects across Europe and the US.”

“Since launching our solar development business in 2018, we have successfully built a substantial pipeline of solar and storage projects by working closely with landowners and local communities in the Southeast and Midwest of the U.S.,” comments Kevin Casey, founder and managing director of Beaufort Rosemary. “With Renewco’s financial backing and significant development expertise, our projects can now be accelerated and the pipeline expanded. I also welcome their strategic input and look forward to working in a strong partnership with Renewco’s team.”

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Hawaii Gov. David Ige signed into law a package of bills that advance the governor’s priorities to fight climate change and transition to a clean energy economy as soon as possible. The bills signed into law are HB1800 (Act 238) – Relating to Climate Mitigation, HB1801 (Act 239) – Relating to Energy Efficiency, HB2089 (Act 240) – Relating to Renewable Portfolio Standards, and SB2570 (Act 241) – Relating to Zero Emission Vehicle Fueling Rebates.

“Last week’s U.S. Supreme Court decision limiting the federal government’s ability to fight climate change underscores why it’s so important for states to act and lead by example,” says Gov. Ige. “That’s why I’m proud to sign these four bills, as they ensure that Hawaii continues to move forward as a national and global leader in creating the strategies necessary to achieve a clean energy economy, being more energy efficient in state government, clarifying how we measure progress on renewable energy, and creating incentives for emerging technologies like hydrogen.”

By setting an interim target for 2030 to be at least 50% below 2005 emissions with House Bill 1800, Hawaii continues to set targets based on the science and in alignment with the U.S. and global commitments to act. The bill also requires and appropriates funds for the Hawaii state energy office to conduct a study to determine Hawaii’s pathway to decarbonization and identify challenges, opportunities and actions that will be needed to achieve those goals.

House Bill 1801 moves state government forward to lead by example on reducing energy costs by being more efficient. At a time when oil prices are going up, taking action to reduce electricity use in government saves everyone more money.

House Bill 2089 changes the way the state calculates its progress on switching to renewable energy. Up until now, it was based on sales, but with HB 2089, the state will focus on actual generation so that 100% means 100%. The purpose of this act is to amend the definition of “renewable portfolio standard” to more accurately reflect the percentage of renewable electrical energy generated in the state. It expands the events or circumstances that are beyond an electric utility company’s reasonable control to include non-renewable energy generated by electric generation facilities where the electric utility does not have direct control or ownership. It also requires electric utility companies to track and annually report data and trends on customer retention and attrition to further inform the calculation of the renewable portfolio standards.

Senate Bill 2570 provides incentives to further hydrogen vehicles on the road. This is especially important for medium- and heavy-duty vehicles like trucks and semis and other emerging innovative transportation technologies. The public utilities commission, in consultation with zero-emission vehicle stakeholders and the Hawaii state energy office, shall administer a zero-emission vehicle fueling system rebate program that incentivizes the installation or upgrade of a zero-emission vehicle fueling system, as provided in this section, and may contract with a third-party administrator to operate and manage the rebate program. An applicant may be eligible for a rebate under the rebate program if the applicant installs a hydrogen fueling system; provided that it stores or dispenses only renewable hydrogen.

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Duke Energy, the North Carolina-headquartered major US utility company, has trialled Eos battery system in the past. Image: Duke Energy.

A project developer in the US has more than doubled its order for 500MWh of zinc-based battery energy storage systems from manufacturer Eos Energy Enterprises.

Eos announced today that renewable energy EPC and developer Bridgelink Commodities has upped the terms of a multi-year master supply agreement to 1.1GWh of systems for delivery over the next three years.

The original agreement for 500MWh as reported by Energy-Storage.news in March, was said to be worth US$150 million, with the additional orders announced today by Eos worth another US$180 million.

At that time, Eos said it anticipated its Znyth brand zinc battery storage units would be used by Bridgelink at projects in Texas, US. The company did not disclose if the added-on orders would also be for Texas, or for another territory.

However, Bridgelink managing director Bull Flaherty did say of the deal that his company was “proud to bring American-made technology to the ERCOT market in Texas.”

“Eos’ technology allows us the flexibility to meet the growing demand profile of ERCOT and bring more power to US consumers when needed,” which of course strongly implies the orders will be for Texas projects.

An Eos representative did tell Energy-Storage.news that the vast majority of demand for its batteries are coming from customers in the US, perhaps as much as 90% of its pipeline. Outside the US, customers in Europe and India had shown the most interest, they said.

Like other non-lithium battery storage companies, Eos is seeking to commercialise its technology and scale up to take market share, particularly for long-duration applications up to about 12 hours’ duration, for which Eos claim Znyth is well-suited.

Eos listed on NASDAQ in late 2020 after a special purpose acquisition company (SPAC) merger. In reporting its Q1 2022 financial results, it said quarterly revenues had risen year-on-year from US$164,000 to US$3.28 million.

Its bill of materials costs had been reduced from the beginning of this year by 14% and it was progressing work to expand its Pittsburgh manufacturing plant to 800MWh annual production capacity, the company said in May.  

Zinc battery company seals further 340MWh of new orders

Along with the Bridgelink deal, the company said today it has received a further 40MWh new order from an undisclosed customer, worth US$13 million, for delivery in Q4 2022.

A 300MWh agreement previously announced with another undisclosed customer, described only as a solar developer in the US northeast, has also been sealed and a master supply agreement signed, the company said in today’s announcement. That customer has ordered Znyth systems for a mix of front-of-the-meter solar-plus-storage and standalone storage projects over the next three years.

Last month, installation began of a 72MWh Eos Znyth system at a 102MW solar-plus-storage system in South Carolina, US. Again, when asked, the company told Energy-Storage.news that the customer wants to not be named, in this case until the project nears completion.

The customer is understood to want to make its own announcement on the project, the representative said.

Eos now has US$460 million worth of claimed orders in its backlog, while CEO Joe Mastrangelo recently said its pipeline of opportunities stands at more than 20GWh. At the time of its listing, the company’s leadership said it could expect to come close to reaching profitability by about the middle of 2023.

US Secretary of Energy Jennifer Granholm visiting Eos’ facilities. Granholm has invited Eos to apply for Department of Energy loans previously. Image: Eos via Twitter.

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