Google and Tesla think we’re managing the electrical grid all wrong
The duo have teamed up with other companies to launch Utilize, which seeks to change how the grid is used and regulated.
energy storage
Google paid startup Form Energy $1B for its massive 100-hour battery
The deal paves the way for Form Energy to raise a new funding round before potentially going public next year.
Lunar Energy raises $232M to deploy home batteries that prop up the grid
The startup has raised more than $500 million, to date, from investors to build a massive, distributed power plant supported by residential batteries.
Tesla’s energy storage business is growing faster than any other part of the company
Energy storage products like the Megapack, Megablock, and Powerwall drove
Energy storage industry set aggressive goals for 2025 — and already crushed them
The battery storage industry in the U.S. has grown in leaps and bounds in recent years, surpassing its most aggressive targets to become one of the largest new sources of power on the grid.
One startup’s quest to store electricity in the ocean
Sizable Energy has a plan to store excess renewable energy in flexible reservoirs out at sea. The startup has raised $8 million to test prototypes.
Base Power raises $1B to deploy home batteries everywhere
Base Power’s Series C will help the company expand beyond Texas, its beachhead market, and build batteries in the United States.
Battery startup Moxion went bankrupt. Now its founder is back to ‘finish what we started’
Anode Technology Company wants to build mobile battery generators for construction sites, live events, and EV fleets. But first it has to avoid the pitfalls that claimed its predecessor, Moxion.
Tesla is recalling Powerwall 2 batteries over fire risk
Tesla is recalling an unspecified number of Powerwall 2 home batteries in Australia after receiving reports of fires.
Fourth Power’s sci-fi thermal batteries could be cheaper than pricey natural gas power plants
Fourth Power has raised $20 million to build a demonstration version of its thermal batteries, which ultimately could store electricity at $25 per kWh.