NALA Energy

Visit us this week at the "BWE Branchentag Rhein/Main/Saar" on 10. Juli 2024 in Ingelheim am Rhein. We are looking forward to present the opportunities and advantages of our Eos Zinc-powered Battery Storage Systems for existing renewable wind and pv-assets. More information on https://lnkd.in/eQ8qhyXN

Batteries are a vital part of the clean energy transition. Here's why:   • They're the fastest growing clean technology on the market • They help meet climate goals & ensure energy security • They bring down emissions in power & transport   Batteries aren't just for powering your smartphone. In 2016, the energy sector accounted for around 50% of global demand for #batteries, about the same share as electronic devices. By 2023, energy's share had risen above 90% - in a market 10 times the size. More in the International Energy Agency (IEA) Energy Agency’s new report → https://iea.li/3WeYRbv   Thanks to the rapid decline of battery costs – 90% since 2010 – they're speeding up opportunities to cut emissions in road transport & electricity. In 2023, electric car sales rose to a record of almost 14 million. Battery storage deployment in the power sector more than doubled.   Batteries are a game-changer. IEA’s analysis shows utility-scale batteries paired with solar PV are already competitive with new coal plants in some countries like India. In just the next few years, batteries & #solar will be cheaper than new natural gas plants in the US & new coal in China.   Reaching energy & climate targets hinges on whether batteries scale up fast enough. More than half the job that we need to do on cutting emissions will rely on batteries. Energy storage, led by batteries, will need to increase sixfold by 2030 to help meet the goals set at #COP28.   Battery manufacturing capacity has more than tripled in the last 3 years. And completing all announced projects would be sufficient to meet demand to 2030 in a 1.5C-aligned pathway. But manufacturing remains too concentrated in only a few countries, creating supply chains risks.   Ensuring sufficient critical mineral supplies will be key to scaling up batteries quickly. New supply investments & demand-side measures could help address these issues. Recycling, size adjustments & innovation in battery chemistries could cut mineral consumption by 25% in 2030.   To learn more about IEA’s new Special Report on Batteries & Secure Energy Transitions, read the full report, available online → https://iea.li/3Ud24px   And join lead authors Laura Cozzi, Brent Wanner & me for the LIVE launch event from 11:00 CEST → https://iea.li/49Mmxaw

🔋🔋🔋 This week we had exciting talks and expert exchanges with DKB | Deutsche Kreditbank AG and ESFORIN SE to discuss the #bankability and business models of our grid-scale, #Eos zinc-powered #batterystorage systems which are perfectly suited for #flexibilitytrading on the balancing #energymarkets as well as on the wholesale market. 🏢 The EUREF-Campus Berlin - a 100% net-zero venue since 2014 - was the perfect location for our expert sessions. A big THANK YOU to all guests and participating clients and a special thanks to my colleagues Christoph Gardlo and Marco Sparmann for their great input! We also discussed the advantages of more #flexibility and longer discharge durations (aka lower C-rates / more capacity), flat #degradation and the importance of sustainable #supplychains. Together, we can accelerate the energy transition towards a sustainable, reliable and efficient #energysystem with an economical, safe and available Non-lithium battery storage technology.

It’s love at first EOAT! State of the Art Line Update: End of Arm Tooling (EOAT) testing is an important milestone in automation development; it’s when a standard robotic arm becomes part of the Eos team! Last week at ACRO AUTOMATION SYSTEMS, INC., we began EOAT testing with production quality material that helps achieve the cost-out roadmap for the Z3 battery. It’s a significant step as the team works towards full line power-on, which for the first time, the entire integrated system will be powered on, communicating, and ready to work together to produce Manufactured in America Z3 batteries to help power a Cleaner Energy Future! #energystorage #BESS #cleanenergy

Eos Z3 cubes on the road... 🔋 🔋 🔋