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Eos Energy Enterprises Signs Supply Agreement for 1.1 GWh of Battery Storage

July 11, 2022
The orders will be delivered over the next three years.

Utility-scale zinc battery provider Eos Energy Enterprises has signed orders with Bridgelink Commodities and a Northeast solar developer for 1.1 GWh of energy storage capacity.

The orders will be delivered over the next three years. The multi-year master supply is for 1 GWh for deliveries over the next three years with an incremental order value of $181 million for new project installations.

The firms will also deliver a 40MWh order, valued at $13 million, in the fourth quarter of 2022.

“We’ve built a strong working relationship with Eos and are proud to bring American-made technology to the ERCOT market in Texas,” said Bull Flaherty, Managing Director at Bridgelink. “Eos’ technology allows us the flexibility to meet the growing demand profile of ERCOT and bring more power to US consumers when needed.”

Meanwhile, the firm’s agreement with the solar developer is a 300 MWh deal for front of the meter stand-alone storage and solar plus storage applications for energy shifting and ancillary services over the next three years.

Eos Znyth will be used for the front-of-meter grid installations and behind-the-meter industrial applications.

“Over the past six months our opportunity pipeline increased to more than 20GWh, and we are excited to start seeing those opportunities convert into orders,” said Joe Mastrangelo, CEO of Eos. “These orders fit perfectly with our ongoing manufacturing capacity expansion which we began late last year. Growing our relationship with customers like Bridgelink demonstrates how our flexible technology allows our customers to serve a variety of use cases.”

Late last year, Asheville, North Carolina-based Eos announced a deal to provide its Znyth system for a municipal utility project. Logan City Light & Power is utilizing Eos Znyth Gen 2.3 battery and Nikola Power’s energy management system.

The U.S. Energy Information Administration has forecast that about 10 GW in new energy storage capacity will be added to the grid through this year and 2023. Much of that is being paired with utility-scale solar, which will the largest capacity additions.

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