Talen Energy Corporation (NASDAQ:TLN) is one of the best up and coming stocks to buy right now. On October 21, Talen Energy and Eos Energy Enterprises Inc. (NASDAQ:EOSE) announced a collaboration to expand energy storage capacity across Pennsylvania. The partnership aims to meet the state’s escalating demand for electricity, particularly to support the growing infrastructure for AI and cloud computing.
The collaboration will focus on using Eos’s American-made Z3 battery technology, which is a zinc-based battery energy storage system/BESS, alongside Talen’s extensive existing generation portfolio in Pennsylvania. The core goal is to deliver reliable, cost-effective power, enhance grid reliability, and accelerate the Commonwealth’s clean energy transition.
Under the agreement, Eos and Talen will jointly identify and develop multiple storage projects on or near Talen’s existing assets, including operating plants and retired fossil fuel sites in Pennsylvania. These projects are planned to represent multiple gigawatt-hours/GWh of capacity to address the increasing electricity demand driven by planned AI and cloud computing growth.
Talen Energy Corporation (NASDAQ:TLN) is an independent power producer and infrastructure company that produces and sells electricity, capacity, and ancillary services into wholesale power markets in the US.
Eos Energy Enterprises Inc. (NASDAQ:EOSE) designs, develops, manufactures, and markets energy storage solutions for utility-scale, microgrid, and commercial and industrial applications in the US.
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Disclosure: None. This article is originally published at Insider Monkey.