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Form Energy

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Google bets on rust-powered storage as Minnesota data center runs on wind and solar
technology5 hours ago

Google bets on rust-powered storage as Minnesota data center runs on wind and solar

Google is building a Minnesota data center powered largely by wind and solar (about 1.9 GW) and backed by Form Energy's iron-air long-duration storage (up to 30 GWh for up to 100 hours). The iron-air tech is less efficient (roughly 50–70% round-trip) but cheaper (~$20/kWh), aiding grid stability as renewables dominate. The project also introduces the Clean Energy Accelerator Charge to fast-track clean power investment and distributed storage with Xcel Energy, funded by Google.

via TechSpot|
#data-center#form-energy#google
Unlocking the Power of Iron and Rust for Long-Term Energy Storage
energy2 years ago

Unlocking the Power of Iron and Rust for Long-Term Energy Storage

Form Energy, a startup led by a former Tesla executive and backed by Bill Gates's Breakthrough Energy Ventures and TPG, is developing iron-air batteries as a low-cost solution for long-duration energy storage. These batteries can store electricity for at least 100 hours, far longer than the four to six hours provided by large-scale lithium-ion packs. The use of iron, an abundant and cheap material, makes the batteries scalable without raw material limitations. Form Energy aims to compete with natural gas-powered generators that currently back up the power grid during periods of high demand. The company plans to deliver its iron-air modules to utility customers by 2025.

via Forbes|
#energy#energy-storage#form-energy
Mateo Jaramillo aims to break the 4-hour limit of lithium batteries: Insider Q&A.
energy2 years ago

Mateo Jaramillo aims to break the 4-hour limit of lithium batteries: Insider Q&A.

Form Energy, a company founded in 2017, is building a commercial-scale factory in West Virginia to produce iron-air batteries that can store energy for up to 100 hours at lower costs than lithium-ion batteries. The goal is to help supply renewable energy to the electrical grid 24/7 and reduce reliance on polluting energy sources. CEO Mateo Jaramillo believes that the right kinds of energy are a core part of achieving net-zero emissions, but it will take work across all industries that touch the power sector.

via The Associated Press|
#climate-change#energy#energy-storage
Mateo Jaramillo aims to extend the lifespan of lithium batteries beyond 4 hours.
energy2 years ago

Mateo Jaramillo aims to extend the lifespan of lithium batteries beyond 4 hours.

Form Energy, a company founded in 2017, is building a commercial-scale factory in West Virginia to produce iron-air batteries that can store energy for up to 100 hours at a lower cost than lithium-ion batteries. The company aims to help supply the US electrical grid with renewable energy 24/7 and reduce reliance on polluting energy sources. CEO Mateo Jaramillo believes that the right kinds of energy are a core part of achieving net-zero emissions, but it will take work across all industries that touch the power sector.

via AOL|
#climate-change#energy#energy-storage
"Federal Incentives Drive Growth of West Virginia Battery Plant"
energy2 years ago

"Federal Incentives Drive Growth of West Virginia Battery Plant"

US Energy Secretary Jennifer Granholm attended the groundbreaking ceremony for Form Energy's $760 million industrial battery plant in Weirton, West Virginia, which is expected to create 750 jobs. The project is financed by millions of dollars of private investments and public dollars through the Inflation Reduction Act, which provides tax credits for clean energy factories built on former industrial sites and battery storage projects. Form Energy's iron-air battery technology operates through a "reversible rusting" process and is backed by investors like Bill Gates, Jeff Bezos, and Richard Branson. Granholm praised the project as consistent with President Biden's goal to deploy clean energy solutions across the country.

via West Virginia MetroNews|
#battery-plant#energy#form-energy