Posts tagged Eos Energy Enterprises
This Pennsylvania battery plant just voted to unionize—here’s why it matters
September 10, 2024 // Eos Energy has received a roughly $400 million conditional loan guarantee from the Department of Energy and has also received millions of dollars from the Inflation Reduction Act’s Section 45X advanced manufacturing production tax credit, designed to incentivize production of renewable energy components such as batteries. If the company expands production as planned, Eos will be eligible for $1.98 billion in Section 45X tax credits between 2026 and 2032. Legislators framed the Inflation Reduction Act as a source of “good-paying union jobs” within the renewable energy sector. But the legislation did not require companies receiving federal funds to commit to union neutrality agreements.