grid-scale-storage
(3)
Modo Energy
Modo Energy is a London-based data and analytics platform that helps investors, developers, lenders and traders value and finance battery storage and other electrification assets. It provides regulated benchmarks, transparent revenue forecasts, expert market research and an AI analyst, turning complex power-market data into investment-grade decisions across markets in Great Britain, Europe, the United States and Australia.
XL Batteries
XL Batteries is a Marlborough, Massachusetts startup building an Organic Flow Battery for grid-scale, long-duration energy storage. Spun out of Columbia University chemistry research, the company uses proprietary organic molecules dissolved in pH-neutral water instead of vanadium in acid - producing a non-flammable, non-toxic, non-corrosive battery assembled from commodity pumps, tanks and tubes. The pitch: safe, scalable storage that can run for 10, 20, even 50 hours by simply enlarging the tanks, at costs targeted below lithium-ion for long durations.
Form Energy
Form Energy is an American energy-storage company building iron-air batteries that store electricity for 100 hours - multiple days - at roughly one-tenth the cost of lithium-ion. Founded in 2017 by a group of storage veterans, the company uses 'reversible rusting' of cheap, abundant iron to let renewable grids stay reliable through long stretches of low wind and sun. Its first high-volume factory, Form Factory 1, sits on the site of the former Weirton Steel mill in West Virginia, and its batteries are now being deployed with utilities including Great River Energy, Xcel Energy, Georgia Power and Dominion Energy.