• Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Corporate News
  • Generation
  • Oil & Gas
  • Regulation
  • Renewable
    • Climate
    • Solar
    • Wind
  • Storage
  • Tech
  • T & D
Energy News Desk Logo

Energy News Desk

Energy News and Data

Hectate Signs Agreement with Eos to Provide Energy Storage Projects

November 5, 2020 by NA Windpower

Eos Energy Storage LLC, a manufacturer of zinc battery storage systems, has signed a broad-ranging agreement to provide over 1 GWh of energy storage projects – at an estimated value of more than $250 million – to Hecate Energy, a global developer, owner and operator of solar, natural gas, wind and energy storage projects.

Eos will design, manufacture and deliver its zinc-based battery solutions to Hecate over the course of the next 24 months across Colorado, New Mexico and Texas. The projects are a mix of standalone battery storage and solar+storage. The announcement of the agreement with Hecate further expands Eos’ pipeline commitments to 3 GWh and, upon the completion of several customary closing conditions, purchase orders from Hecate are expected in the next six to nine months.

These projects are indicative of the shifting dynamics of the energy storage market from shorter duration systems, which are commonly used for quick response power, to longer duration systems, which are better suited for improving overall grid resiliency and capacity-firming purposes.

“Hecate is thrilled to work with Eos,” says Fazli Qadir, CTO of Hecate Energy. “Eos’s technology is a great fit for the longer-duration application requirements of these projects, and we’re excited by the ability of Eos’ solutions to flexibly operate across a range of use cases that are front and center in the energy industry.”

Eos’s zinc-based battery systems are made in the U.S. and were designed specifically for the stationary storage market. They are unique for their scalable design, ability to withstand extreme temperatures, widely available and non-rare earth materials, and full recyclability. The system is also a cost-effective energy storage solution, with a 15- to 30-year life and minimal installation and maintenance costs.

Photo Source

Original source: North American Wind Power

Filed Under: Renewable, Wind

Primary Sidebar

Join The Daily Charge

This week's top 5 stories in your inbox. No spam ever.

Trending

  • Vineyard Wind Appoints Oytan as Deputy CEO
  • Takkion Holdings Adds O&M Solutions Provider to Offerings
  • Emerson Acquires Open Systems Int. Inc.
  • This Arkansas school turned solar savings into better teacher pay
  • First Semi-Submersible Floating Wind Farm is Fully Operational
  • Solar Industry News Verizon Inks Power Contract With Lightsource bp for Indiana Solar
  • NV Energy Receives PUCN Approval for Solar+Storage Projects
  • Emerson Agrees to Purchase OSI Inc.
  • CPS Energy Issues RFP Seeking Solar, Energy Storage
  • eia.gov logo EIA expects higher wholesale U.S. natural gas prices in 2021 and 2022

Footer

Trending

  • Vineyard Wind Appoints Oytan as Deputy CEO
  • Takkion Holdings Adds O&M Solutions Provider to Offerings
  • Emerson Acquires Open Systems Int. Inc.
  • This Arkansas school turned solar savings into better teacher pay
  • First Semi-Submersible Floating Wind Farm is Fully Operational

Recent

  • Quick Tips To A Sustainable Future
  • Stem Provides Smart Energy Storage Solutions to Today’s Power
  • EIA's AEO2021 shows U.S. energy-related CO2 emissions rising after the mid-2030s
  • Homeowners associations still a barrier for some would-be solar customers
  • Commentary: With open standards, U.S. can build EV charging infrastructure faster

Search

Contact Us

Write For Us

  • Email
  • Facebook
  • Twitter

Copyright © 2023 · EnergyNewsDesk.com