AVL australian vanadium limited

Eos Energy Enterprises targets 5GWh in UK with Frontier...

  1. 5,469 Posts.
    lightbulb Created with Sketch. 769

    Eos Energy Enterprises targets 5GWh in UK with Frontier Power

    Zinc hybrid cathode battery firm Eos Energy Enterprises has signed a memorandum of understanding (MOU) with UK developer Frontier Power for a 5GWh framework agreement for Eos’ Znyth battery technology.

    The agreement covers Frontier Power’s projects it plans to submit into the first application window of Ofgem’s new long-duration energy storage (LDES) cap and floor scheme. It is Eos’ first foray outside of the US, but Eos said the collaboration could extend to international markets too. The agreement will add to Eos’ pipeline numbers starting from March 31, 2025.

    Frontier Power also recently announced a deal with another non-lithium battery company, vanadium redox flow battery (VRFB) firm Invinity Energy Systems, to submit bids for projects in the LDES scheme with Invinity’s tech too.

    The developer has now signed a joint development agreement with Ethos Green Energy for exclusive access to multiple grid connection points which could support up to 20GWh of LDES projects using multiple technology solutions, Invinity recently said.

    Frontier has reserved up to 2GWh of Invinity’s manufacturing, but the Eos announcement is further evidence of it considering multiple different technologies.

    Last month, Eos said it expects 2025 revenues to be around ten times higher than last year’s, when it saw US$15.6 million.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
1.0¢
Change
0.000(0.00%)
Mkt cap ! $86.34M
Open High Low Value Volume
1.0¢ 1.0¢ 1.0¢ $65.37K 6.612M

Buyers (Bids)

No. Vol. Price($)
36 12851709 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 6660580 17
View Market Depth
Last trade - 16.10pm 01/08/2025 (20 minute delay) ?
AVL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.