Convergent Energy + Power, a market-leading energy storage asset developer, has announced a 10 MW, 40 MW-hour project award from Pacific Gas and Electric Company (“PG&E”). This project was selected as part of the first round of PG&E’s highly competitive Energy Storage Request For Offers solicitation, with results announced December 2, 2015.
NEC Energy Solutions (“NEC ES”), a subsidiary of NEC Corporation, announced today that it has entered into an agreement with Eos Energy Storage LLC (“Eos”) to develop next-generation energy storage solutions based on Eos’s Znyth™ zinc hybrid cathode battery chemistry and its Aurora DC battery system.
Eos Energy Storage today announced a final closing of a $23 million Round C equity financing, supporting commercial launch of the company’s grid-scale battery technology. The round was led by AltEnergy LLC, an energy technology and infrastructure investment firm. Other investors included major strategic partners such as OCI and nearly all of Eos’s prior investors including NRG Energy and Fisher Brothers, a New York-based real-estate firm. The funding will accelerate the company’s transition to commercial manufacturing and product sales and deliveries.
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