Eos Energy, a Nasdaq-listed provider of zinc-based long-duration energy storage systems, has launched its first state-of-the-art manufacturing line for commercially producing its Eos Z3 batteries in Turtle Creek, Pennsylvania.
The new manufacturing line was built in partnership with ACRO Automation Systems, a machinery manufacturer, to bring Eos Energy’s new manufacturing line into commercial production.
The company stated that its new manufacturing line will allow it to increase production capacity to 1.25 GWh annually over the next six months. It plans to expand to 2 GWh on the first line and 8 GWh across four lines. The company claims that the line will result in a nearly 50% reduction in Z3 production costs at scale due to improved overhead and labor utilization.
Analyst QuickTake: This announcement follows a strategic investment of up to USD 315.5 million from Cerberus Capital Management in June 2024 . The funds supported the launch of Eos Energy’s manufacturing line to produce Z3 storage systems in the US.
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