Eos Energy Announces Factory 2 Location Search Outside Mon Valley Works to Support Growing Demand for American Made Energy Storage Solutions

Core Viewpoint - Eos Energy Enterprises, Inc. is expanding its manufacturing capabilities to meet the increasing demand for renewable energy storage solutions, focusing on American-made technology and energy independence [1][2][8]. Company Strategy - The company is searching for a new manufacturing facility, referred to as Factory 2 Works, in addition to expanding the Mon Valley Works under Project AMAZE [1][8]. - This expansion aims to enhance Eos's global competitiveness, create long-term job opportunities, and position the company as a leader in American-made energy storage [2][9]. Market Demand - There is an unprecedented surge in demand for energy storage solutions, particularly for long-duration energy storage systems that stabilize the grid and support renewable energy sources like wind and solar [2][8]. - Eos has secured 616 MWh in new customer orders and announced a partnership with FlexGen to address a preliminary 50 GWh market opportunity [10]. Technological Advantage - Eos's zinc-based technology provides a safe, secure, and cost-effective solution for energy storage challenges, designed for utility-scale, commercial, and industrial applications [2][11]. - The company's Znyth™ aqueous zinc battery is positioned as a reliable alternative to conventional lithium-ion technology, offering long-duration storage capabilities [11]. Economic Impact - The new facility is expected to generate hundreds of new jobs and contribute to local economic development while strengthening the nation's energy security and independence [9].