Weekly RoundUp #1: Emerging Energy Storage Technologies

1️⃣ Eos Energy Enterprises, Inc. has received the second tranche worth $22.7 million of the $303.5 million loan from U.S. DOE Loan Programs Office (LPO). The LPO loan goes towards the construction of Eos’s planned 8-GWh of annual production by 2027 under Project AMAZE.

2️⃣ Australian energy company AGL has acquired the Yadnarie project from Photon Energy. The project consists of 150 MW of solar PV and CSP and 90 MW/720 MWh of RayGen’s thermal hydro LDES technology. The project will be completed in 2 stages to be commissioned in 2027 and 2030.

3️⃣ Allegro Energy plans to pilot its Microemulsion flow battery (MeFB) technology at an Origin Energy power station in New South Wales, Australia. The company targets hyperscale and edge data center markets for both its MeFB and supercapacitor ESS solutions.

Cases #2 and #3 above show the major role utilities are currently playing in the deployment of emerging energy storage technologies to meet the growing reliability needs of grids.