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Eos Energy launches commercial production on first state-of-the-art manufacturing line
Alternative Energy
Jul 1, 2024
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Alternative Energy

Alternative Energy

Jul 1, 2024

Eos Energy launches commercial production on first state-of-the-art manufacturing line

Product updates
Partnerships

  • 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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