Eos Welcomes Siemens as Aegis Partner to Support Integration of
Utility-Scale Energy Storage
Eos
Energy Storage (“Eos”) – pioneer of the safe, ultra-low cost Znyth®
battery technology – today announced a partnership with Siemens to
integrate, install and service energy storage solutions.
“Working with such an established energy industry leader like Siemens is
an exciting step for us and the energy storage industry,” said Eos CEO
Michael Oster. “By combining Eos’ cost and performance advantage with
Siemens’ capabilities in system integration and project execution, we
are able to offer solutions that reduce risk and complexity for the
customer while setting a new benchmark for energy storage reliability
and cost-effectiveness.”
The Eos Aurora® 1000│4000—a 1MW|4MWh DC battery system—is
being sold today at $160 per usable kWh for the full DC system
with performance guarantees supporting up to 20 years of continuous
operation with minimal maintenance. Eos packages its patented Znyth®
technology in a modular, pre-integrated, outdoor-rated enclosure called
the Energy StackTM.
Leveraging this novel design, Eos and Siemens have jointly productized
an energy storage system including AC power conversion and controls that
enables modular installation and ease of maintenance, lowering cost
throughout the project development cycle. This joint product offers
utilities an economic alternative to conventional system upgrades,
renewable energy developers a means of dispatchable hybrid power, and
commercial customers load management savings paired with enhanced power
quality and reliability.
“Our goal is to standardize and productize energy storage projects with
focus on reliability and return on investment for the customer,” said
Siemens VP Brian Dula. “This process starts with modeling and analytics
to optimally size the energy storage asset and carries all the way
through project implementation and performance guarantees. By offering a
solution with supporting services, Siemens will help customers realize
the full benefits of the Eos Aurora battery.”
Together, Siemens and Eos are able to offer energy storage solutions for
a broad range of grid-connected and off-grid markets. Collaborative
testing and product validation is setting the stage for MW-scale
installations in the first half of 2017—including a California
Energy Commission funded project with Pacific Gas & Electric
(PG&E), demonstration
of a behind-the-meter, commercial and industrial product at the
University of California at San Diego, and a first-ever utility
microgrid installation combining the Eos Aurora with on-site solar and
diesel generation.
Eos is proud to formalize Siemens’ entry into the Aegis Program for
system integration partners. Under Aegis, Eos works with
industry-leading providers of power conversion and controls to integrate
the Eos Aurora DC System into a standardized, AC product supported by
installation, maintenance and warranty services.
About Eos Energy Storage
Eos’ mission is to deliver energy storage solutions that enable safe,
reliable, and affordable electricity for utilities and their customers.
Eos produces a long-life, inherently safe, and easy-to-install DC
battery system designed for grid-connected as well as commercial and
industrial markets. The Eos Aurora® is the lowest cost and
highest performance energy storage system designed to optimize grid
infrastructure, enhance reliability, and to reduce costs associated with
peak demand. Eos is located in Edison, NJ, and New York, NY; For more
information, please visit www.eosenergystorage.com.
About Siemens Corporation
Siemens Corporation is a U.S. subsidiary of Siemens AG, a global
technology powerhouse that has stood for engineering excellence,
innovation, quality, reliability and internationality for more than 165
years. Siemens is using its global leadership in engineering and
technology innovation to meet America’s toughest challenges. From
efficient power generation to digital factories, from wellhead to
thermostat, and from medical diagnostics to locomotives and light rail
vehicles, Siemens in the United States delivers solutions for industry,
hospitals, utilities, cities and manufacturers. Siemens’ next-generation
software is used in every phase of product development, enabling
manufacturers to optimize and customize equipment that touches American
lives every day. Siemens has been in the U.S. for more than 160 years
and it is now the company’s largest market. Over the past years, Siemens
has also invested more than $35 billion in America. With 343,000
employees in 190 countries, Siemens reported worldwide revenue of
approximately $98 billion in fiscal 2014. Siemens in the U.S. reported
revenue of $22.2 billion, including $5.2 billion in exports, and employs
approximately 50,000 people throughout all 50 states and Puerto Rico.
Siemens is home to more than 75 manufacturing sites in the U.S. Siemens
invests more than $1 billion in R&D annually and more than $50 million
in job training programs.
For Siemens, the U.S. is not only the largest market by far, but it is
also an extremely vital production location, one of the most important
research centers, and a key base from which Siemens exports globally.
Further information is available at www.siemens.com.
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