Eos Energy (EOSE) Stock Jumps 12% as Google Partnership Brings $350M West Virginia Project

TLDR

• Eos Energy (EOSE) stock rose 12% after announcing a clean energy collaboration with Google and MN8 Energy in West Virginia.
• The project combines 86 MW of solar, 10 MW/100 MWh of Eos’ Z3 zinc-based storage, and 70 MW/280 MWh of lithium-ion storage.
• Google will purchase all energy, capacity, and clean energy attributes from the project.
• The deal represents up to $350 million in capital investment and is expected to create around 200 construction jobs.
• This is Google’s first use of Eos’ American-made Z3 technology and the first project under the MN8-Eos Master Supply Agreement.

Eos Energy Enterprises (EOSE) jumped 12% on Wednesday after announcing a three-way collaboration with MN8 Energy and Google to build a solar and energy storage project in West Virginia.

Eos Energy Enterprises, Inc., EOSE

The project is being built on a reclaimed coal mine in Kanawha County. MN8 Energy will own and operate it under the name Mammoth Solar.

The setup combines 86 MW of utility-scale solar with two types of energy storage. Eos is supplying 10 MW/100 MWh of its Z3 zinc-based long-duration storage, while lithium-ion batteries will provide 70 MW/280 MWh of additional capacity.

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