U.S. Senator Bob Casey (D-PA) announced that the U.S. Department of Energy has conditionally committed a $398.6 million loan to Eos Energy Enterprises for their Project AMAZE in Turtle Creek, Pennsylvania. This funding aims to support the construction of next-generation American-made battery systems.
The project is expected to create 50 union jobs during construction and as many as 650 operational jobs at full capacity. The Inflation Reduction Act, which Senator Casey fought for, enabled tax credits for advanced manufacturing investments in clean energy sectors, and a ‘domestic content’ tax credit for companies using American-made materials. Eos Energy plans to use these credits to scale up production of Eos Z3™ zinc-bromine batteries with a goal to transition to 100% U.S.-sourced materials by 2026.