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 […]
- Tag "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 […]
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 […]