If the state is to meet Gov. Phil Murphy’s renewable energy goals, the technology for holding and distributing power generated by the sun and wind will have to improve.
Edison-based Eos Energy Storage is on it, developing a zinc-based system that is cheaper and easier to install than the widely used lithium ion batteries. In this edition of NJBIZ Conversations, Editor Jeff Kanige speaks with Eos CEO Joe Mastrangelo about the technology, the market for renewable energy and the company’s planned Nasdaq listing.
“We have eight systems installed around the world. We’ve got six of them in the U.S. and two outside of the United States,” Mastrangelo said. “We’re 100 percent made in America and 80 percent of our materials come from the U.S.” Watch the full interview here.