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Eos Energy Announces Second Funding Under Its Department of Energy Loan Guarantee to Fuel U.S. Battery Manufacturing Capacity Expansion
Globenewswireยท 2025-07-01 20:05
$22.7 million second loan advance follows the first $68.3 million received in December 2024TURTLE CREEK, Pa., July 01, 2025 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ: EOSE) ("Eos" or the โ€œCompanyโ€), an American energy company and the leading innovator in designing, sourcing, manufacturing, and providing zinc-based battery energy storage systems (BESS) manufactured in the United States, today announced that it has received its second loan advance from the Department of Energy's (DOE) Loan Prog ...
X @Elon Musk
Elon Muskยท 2025-06-18 03:12
RT ๐™บ๐š’๐š–๐š‹๐šŠ๐š• ๐™ผ๐šž๐šœ๐š” ๐Ÿค  (@kimbal)For those curious, our current subsidies to fossil fuels are about the same as our subsidies to solar and wind.$10-$15B per year. For both.We need both. We need them now.American Energy Independence FTW!Thank you @grok for your summary: https://t.co/oQZfNXJEkf ...
Electra Completes Feasibility Level Study on Battery Recycling Facility
Globenewswireยท 2025-06-05 11:00
Strategic Synergy with Cobalt Refinery and Aki Battery Recycling The study outlines how black mass will be refined at the new facility to produce key battery materials, including lithium, nickel, cobalt, manganese, and graphite. The cobalt stream will serve as feedstock for Electra's permitted cobalt sulfate refinery, which has received financial backing from both the Government of Canada and the U.S. Department of Defense. Electra's partnership with Aki Battery Recycling, a joint venture with the Three Fir ...
Eos Energy Secures Strategic Order for Faraday Microgridโ€™s Project in California
Globenewswireยท 2025-05-28 12:30
EDISON, N.J., May 28, 2025 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ: EOSE) ("Eos" or the "Company"), America's leading innovator in designing, manufacturing, and providing zinc-based long duration energy storage systems sourced and manufactured in the United States, today announced it has secured an order with Faraday Microgrids to deploy a 3 MW / 15 MWh Eos Z3โ„ข system for a commercial microgrid application on tribal land in California. Funded partially by the California Energy Commission (C ...