Eos Energy (EOSE) Enterprises announced it has signed a memorandum of understanding, MOU, with Frontier Power, a UK-based energy developer, for a 5 GWh energy storage framework agreement. The agreement marks Eos’ entrance into a new international market and supports Frontier’s plans to submit multiple bids utilizing Eos’ Znyth battery technology in the first application window of Ofgem’s new long-duration energy storage. LDES. cap and floor scheme. Under the agreement, Eos and Frontier will also look to expand the collaboration globally to new international markets. This partnership also opens the door to developing local manufacturing in the UK. Should significant LDES project volumes materialize using Eos technology, it could incentivize the establishment of manufacturing operations in the UK, supporting domestic supply chains and job creation.
Eos Energy, Frontier Power announce 5 GWh MOU
view original post