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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 […]

Solar-Plus-Storage Projects Win 258 MW of Capacity in Germany’s Latest Renewable Energy Auction

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 […]

Solar-Plus-Storage Projects Win 258 MW of Capacity in Germany’s Latest Renewable Energy Auction

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 […]

NABARD Extends Financial Support of Rs 9162 Crore to WB