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Summary: Znyth from Eos Energy Enterprise, a member of the Global Long Term Energy Storage Council ™ The technology can support energy storage projects in Texas up to 500 MWh, resulting in a backlog of orders exceeding $200 million and project capacity approaching 1 GWh.







Eos Energy Company (NASDAQ stock code: EOSE) is a leading supplier of safe, scalable, efficient, and sustainable zinc based energy storage systems. The company recently announced that it has reached a total supply agreement with Bridgelink Commodities for a proposed storage project in Texas. Bridgelink has promised to purchase Znyth from Eos ™ The zinc based technology provides 240 MWh of energy storage capacity, with the option to purchase long-term maintenance services, and may expand the total capacity to 500 MWh within 3 years, with a total order value of up to $150 million. Bridgelink has over 8 gigawatts of renewable energy projects under development, and it will rely on Eos technology to support energy peak shaving and valley filling.



"We are excited about our ability to provide flexible energy storage solutions to the market," said Joe Mastrangelo, CEO of Eos. "We are very proud to collaborate with Bridgelink to help build future energy infrastructure, and believe that our agreement will be the beginning of a fruitful partnership for many years to come."



William Flaherty, Managing Director of Bridgelink, said, "ERCOT is a dynamic market that requires long-term energy storage technology to succeed in this constantly changing environment. Eos' zinc based batteries are the perfect solution for Bridgelink, thanks to its American manufacturing and safety features.". “



"Through this partnership, our backlog of orders has grown to over $200 million and is rapidly approaching 1 GWh," said Balki Iyer, Chief Business Officer of Eos. "We are continuing to make actual progress towards our target of $400 million in reserved orders for 2022, with a market size expected to exceed $4 billion."



EOS recently announced that it will more than double the production of its Pittsburgh manufacturing plant to 800 MWh by the end of the year to meet its Znyth ™ The production demand for water-based zinc batteries, expansion is expected to create over 125 green jobs and increase facilities to nearly 100000 square feet.



About Eos
Eos Energy Enterprises, Inc. is accelerating the transition to clean energy through proactive and clever solutions that have changed the way the world stores electricity. Breakthrough Znyth ™ The water-based zinc battery aims to overcome the limitations of traditional lithium-ion technology. Safe, scalable, efficient, sustainable, and manufactured in the United States. It is the core of our innovative system that provides proven and reliable energy storage alternatives for utility, industrial, and commercial customers today. Eos was founded in 2008 and is headquartered in Edison, New Jersey. For more information about Eos (NASDAQ stock code: EOSE), please visit eose.com.



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