Eos Energy Storage (“Eos”) – pioneer of the safe, low cost Znyth battery – has announced a manufacturing and assembly partnership with Environment One Corporation (“E/One”), a diversified high-technology company focused on producing protection and performance optimization systems for electric utilities. Through this partnership, E/One will assume responsibility for manufacturing Eos’ flagship energy storage solution, the Eos Aurora.
Eos’ Znyth technology uses widely available materials and highly commoditized manufacturing processes to deliver energy storage at extremely low cost. In addition, Eos’ battery production does not require highly specialized machinery or use of clean room assembly, which is necessary for the production of lithium-ion cells; instead, Eos and E/One are utilizing a retooled assembly line based on existing E/One equipment to eliminate much of the traditional upfront capital and lead time required to deliver grid-connected energy storage systems at scale.
From its facility in Niskayuna, New York, E/One is manufacturing and integrating Eos batteries into an outdoor-rated, plug-and-play dc module known as the Energy StackTM. These ready-to-install building blocks aggregate to create the Eos Aurora 1000│4000, a 1 MW, 4-MWh dc battery system being sold today at a price of $160 per usable kWh, which includes enclosure, environmental management and battery management system. This industry-leading energy storage system lets utilities reduce costs associated with peak demand, optimize grid infrastructure and more reliably integrate renewable energy.
Following a close collaboration to develop Eos prototypes, E/One began producing Eos’ patented Znyth battery at the manufacturer’s upstate New York facility in June 2016. The first commercially available Energy Stacks started rolling off E/One’s production line at the beginning of 2017. E/One is moving production to a dedicated new facility for Eos batteries mid-2017, with total production on course to hit a volume of 400 MWh per year.
“By leveraging E/One’s existing infrastructure and capabilities, this partnership allows Eos to scale more quickly with greater capital efficiency and with lower risk,” said Michael Oster, CEO and cofounder of Eos. “Together, we are achieving industry-leading costs that significantly undercut the lithium ion incumbents.”
The partnership also reflects a commitment to setting a new standard in safe and environmentally sound production of utility-grade energy storage. In addition to being backed by E/One’s UL- and ISO-certified quality assurance and control, the manufacturing process involves no toxic or hazardous materials. Under the manufacturing and supply agreement, E/One will be able to meet growing global demand for Eos’ novel energy storage solution with the use of 100% domestic manufacturing capacity and labor. The expansion and new operations resulting from the Eos partnership will enable E/One to create a larger number of new jobs in New York State’s Capital Region.