Feds Invest in Pittsburgh for Next Gen Battery Technology
By Rick Wills
Published September 18, 2023
Read Time: 2 mins
Eos Energy, a company developing zinc batteries at a Pittsburgh-area plant, has received a $396 million loan from the federal government to further develop its energy storage technology.
The loan will lead to 700 additional jobs at the company’s plant in Turtle Creek in Pittsburgh’s Mon Valley, once home to giants like Westinghouse Electric. Eos currently employs 300 workers at a former Westinghouse Electric facility there.
The U.S. Department of Energy loan funds 80 percent of the $500 million Eos expansion project. Such loans were included in the 2022 Inflation Reduction Act, which vastly increased federal investment in renewable energy.
Pittsburgh on energy frontier
The grant underscores not only the need for new energy storage