Eos to construct new state-of-the-art production lines to produce new battery energy storage systems at Turtle Creek plant
Department of Energy announced conditional commitment for $396 million loan to Eos
Project is expected to create 50 union contractor construction jobs and as many as 650 new operations jobs
Casey fought to pass Inflation Reduction Act to manufacture more in PA, Eos credits Inflation Reduction Act for new investments
Washington, D.C. - Today, U.S. Senator Bob Casey (D-PA) announced that the U.S. Department of Energy made a conditional commitment for a $398.6 million loan to Eos Energy Enterprises to support the construction and production of next-generation American-made battery systems, through their Project AMAZE, at their facility in Turtle Creek, Pennsylvania. Senator Casey fought to pass the Inflation Reduction Act to invest in domestic manufacturing, clean energy technologies, and good-paying Pennsylvania jobs. This Eos project is expected to create 50 union jobs during construction and as many as 650 new operations jobs when at full operational capacity, and will solidify Southwestern Pennsylvania as a leader in clean energy battery storage for the Nation.
“Pennsylvania has powered our Nation for generations, so it’s no surprise that workers in the Mon Valley are going to lead the way on clean energy storage production,” said Senator Casey. “When we passed the Inflation Reduction Act, this is the kind of project we had in mind. It’s not only an investment in cutting edge technology, but also in Pennsylvania workers.”
The Inflation Reduction Act created new tax credits to spur new advanced manufacturing investments in the United States, particularly in clean energy sectors. Casey also fought to secure a ‘domestic content’ tax credit for companies that manufacture using American-made materials. Eos cited Casey’s credit as they work to scale up production of Eos Z3™ zinc-bromine batteries using primarily domestically sourced materials using this loan. Eos aims to move to 100% U.S.-sourced material by 2026.