Georgia Power will collaborate with Massachusetts-based startup Form Energy to deploy an energy storage project of up to 15 MW/1500 MWh using a novel iron-air-exchange flow battery technology, the companies said Wednesday. Form, which is backed by the Bill Gates-led investment fund Breakthrough Energy Ventures, has a battery design it says can offer up to […]
Google Spinoff Malta Nabs $50M Series B for Thermal Long-Duration Storage
Malta converts electricity to thermal energy and back again, theoretically unlocking up to 200 hours’ worth of energy storage. Malta has raised a $50 million Series B round to bring its super-long-duration energy storage to market, the company said Wednesday. The startup spun out of Google parent company Alphabet’s moonshot factory, X, in 2018. Many […]
Long-duration energy storage milestones achieved by Lockheed, Eos and Form Energy
While lithium-ion continues to dominate big project announcements worldwide, three providers of long-duration non-lithium battery technologies have claimed various milestones in commercialisation. Lockheed Martin said this week that the first test of its commercial redox flow battery is underway, while zinc battery company Eos Energy prepares to list on the stock market and aqueous air […]
Form Energy Raises Another $70M for Long-Duration Storage
Investors want a piece of Form Energy’s stealthy long-duration storage tech, even before its first commercial deployments. Form Energy raised a $70 million Series C to scale its super-long-duration energy storage technology. That investment was first reported by Reuters Friday, without naming the participating investors. It brings Form Energy’s total funds raised to around $120 […]
