Eos Soars on Google Partnership as Stock Rebounds from 52-Week Low

Eos Energy Enterprises (EOSE) stock jumped significantly after announcing a partnership with Google and independent power producer MN8 Energy.

The deal centers on the Mammoth Solar project in West Virginia, which will deliver clean energy to Google's data centers in the region. Eos will supply its Z3 zinc-based battery technology, offering up to 10 hours of storage to ensure solar power is delivered to the grid well after it has been generated.

The partnership comes at a crucial time for Eos, which had hit a 52-week low of $3.10 just one day prior to the announcement. The stock surged 18.75%, closing at $3.61 on Wednesday.