Eos Energy lands $304M DOE loan for battery plant expansion

URLhttps://www.utilitydive.com/news/eos-energy-doe-lp
SourceUtility Dive
Date Published12/03/2024
Author NameEthan Howland

Additional Reshoring Information:

Company/Division name Eos Energy
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2024
Capital investment ($):303.5
City reshored to:Turtle Creek
State(s) reshored to:PA
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredbatteries
What domestic positive factors made reshoring more attractive?Government Incentives, Govt. Policy and subsidies
Government Incentive dollar amount:$303.5 million loan DoE
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