Form Energy

IDTechEx Discusses Developments in Long Duration Energy Storage Technologies

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星期四, 三月 14, 2024
Electricity, Players, Temperature, Uncertainty, CAES, CAPEX, Natural gas, VRE, Heat, Turbomachinery, GHG, TES, Zinc, Forecasting, Interview, Energy storage, LAES, RFB, Hydrogen, Atmosphere, CSP, RTE, Form Energy, Renewable energy

Long duration energy storage (LDES) technologies will be needed in key regions from the 2030s to support electricity grids with greater penetrations of VRE.

Key Points: 
  • Long duration energy storage (LDES) technologies will be needed in key regions from the 2030s to support electricity grids with greater penetrations of VRE.
  • From IDTechEx's new market report ' Long Duration Energy Storage Market 2024-2044: Technologies, Players, Forecasts ', 1.4 TWh of LDES will be installed globally in 2044.
  • IDTechEx benchmarks over 10 LDES technologies against these metrics in their market report, 'Long Duration Energy Storage Market 2024-2044: Technologies, Players, Forecasts'.
  • For more information on LDES technologies, players, applications, revenue streams, electricity markets, variable renewable energy (VRE) penetration, grid stability and flexibility, and granular 20-year market forecasts, please refer to IDTechEx's market report, ' Long Duration Energy Storage Market 2024-2044: Technologies, Players, Forecasts '.

IDTechEx Discusses Developments in Long Duration Energy Storage Technologies

Retrieved on: 
星期四, 三月 14, 2024
Electricity, Players, Temperature, Uncertainty, CAES, CAPEX, Natural gas, VRE, Heat, Turbomachinery, GHG, TES, Zinc, Forecasting, Interview, Energy storage, LAES, RFB, Hydrogen, Atmosphere, CSP, RTE, Form Energy, Renewable energy

Long duration energy storage (LDES) technologies will be needed in key regions from the 2030s to support electricity grids with greater penetrations of VRE.

Key Points: 
  • Long duration energy storage (LDES) technologies will be needed in key regions from the 2030s to support electricity grids with greater penetrations of VRE.
  • From IDTechEx's new market report ' Long Duration Energy Storage Market 2024-2044: Technologies, Players, Forecasts ', 1.4 TWh of LDES will be installed globally in 2044.
  • IDTechEx benchmarks over 10 LDES technologies against these metrics in their market report, 'Long Duration Energy Storage Market 2024-2044: Technologies, Players, Forecasts'.
  • For more information on LDES technologies, players, applications, revenue streams, electricity markets, variable renewable energy (VRE) penetration, grid stability and flexibility, and granular 20-year market forecasts, please refer to IDTechEx's market report, ' Long Duration Energy Storage Market 2024-2044: Technologies, Players, Forecasts '.

North River Leerink’s Successful 100 Chestnut Street Development Continues Somerville’s Growth as a Leading Life Science and Innovation Hub

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星期四, 二月 29, 2024
Commercial Building & Real Estate, Construction & Property, Science, Other Science, VHB, Restaurant, Doctor of Philosophy, Multimedia, Investment, City, Growth, Overalls, CBRE, Ultragenyx, Art, Kendall Square, NRL, Health, JLL, JC, Heart, Andrea Consigli, Form Energy, Life, Research, Environment, Interior design

At the heart of this transformation stands 100 Chestnut, a purpose-built 200,000 sq.

Key Points: 
  • At the heart of this transformation stands 100 Chestnut, a purpose-built 200,000 sq.
  • ft. Life Science building that is 90% leased, reflecting NRL's passion and focus on developing world-class buildings that enable innovation and support the creation of sustainable and vibrant communities.
  • Our goal is to contribute towards the development of a rich, vibrant and diverse district focused on fostering Art and enabling innovation in the Life Science/Biotech industry,” said Jeff Leerink, Managing Partner at NRL.
  • And most recently, ADA Forsyth, a leading institute dedicated to improving oral and overall health through innovative research and community outreach, has leased 76,000 sq.

Rafi Properties Announces Sublime Systems Expansion at Somernova

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星期一, 二月 12, 2024
Economic development, Entrepreneurship, Growth, University, Ecosystem, Form Energy, Environment, Partnership, Renewable energy

SOMERVILLE, Mass., Feb. 12, 2024 /PRNewswire/ -- Rafi Properties, Owner and Operator of Somernova, the 7.4 acre innovation campus and community dedicated to helping people and companies iterate and grow faster, announced today that Sublime Systems (Sublime) will expand their headquarters on the campus. Sublime, the leading developer of a fossil-fuel-free, scalable, drop-in replacement for traditional cement in concrete, will add more than 23,000 square feet of space for their 250 tonnes-per-year pilot facility and R&D lab to their footprint, in addition to the 6,500 square feet they currently occupy on the campus. Sublime's expansion underscores Somernova's continued status as a leading hub for the rapid growth of early-stage and venture-backed climatetech and tough tech companies in the region.

Key Points: 
  • SOMERVILLE, Mass., Feb. 12, 2024 /PRNewswire/ -- Rafi Properties , Owner and Operator of Somernova , the 7.4 acre innovation campus and community dedicated to helping people and companies iterate and grow faster, announced today that Sublime Systems (Sublime) will expand their headquarters on the campus.
  • Somernova's transformative ecosystem was able to provide Sublime access to the resources, infrastructure and flexibility needed to scale.
  • Sublime's expansion, combined with the growth of Form Energy, has led to the creation of nearly 400 new jobs on the Somernova campus.
  • "Rafi Properties maintains its commitment at Somernova to fostering an environment and community that supports pathways for growth companies working to solve the world's greatest challenges," said Collin Yip, Managing Director of Rafi Properties, Owner and Operator of Somernova.

TIME REVEALS THE INAUGURAL TIME100 CLIMATE LIST OF THE WORLD'S MOST INFLUENTIAL LEADERS DRIVING BUSINESS TO REAL CLIMATE ACTION

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星期四, 十一月 16, 2023
Shemara Wikramanayake, Woman, TIME100 Impact Awards, Climate change, LVMH, Climate, IMPACT, MOL, Carbon Disclosure Project, Business, Travel, United Steelworkers, Eat Just, Sustainability, Amazon, International, Unilever, Kyōto Station, Civil service commission, ExxonMobil, Form Energy, Macquarie Group, Breakthrough Energy, Animal, Clothing, Apple, COP28, Husk Power Systems, Conservation International, TIME, Our Children's Trust, Risk management, Music, Audit, Renewable energy, Carbfix, Volvo, Policy, Environment, ZeroAvia, Carbon, Masdar

NEW YORK, Nov. 16, 2023 /PRNewswire/ -- Today, TIME reveals the inaugural TIME100 Climate, a new list of the world's most influential leaders driving business to real climate action.

Key Points: 
  • NEW YORK, Nov. 16, 2023 /PRNewswire/ -- Today, TIME reveals the inaugural TIME100 Climate, a new list of the world's most influential leaders driving business to real climate action.
  • We are thrilled to further this mission—and to empower business leaders and individuals to take climate action—with the inaugural TIME100 Climate list."
  • Of the inaugural TIME100 Climate list, TIME Editor-in-Chief Sam Jacobs writes: "Climate leadership is ­embedded across all of our coverage today.
  • See the full list here: https://bit.ly/3G7CNWZ
    'TIME100 IMPACT DINNER' TO RECOGNIZE LEADERS CREATING CLIMATE ACTION DURING COP28 IN DUBAI:
    TIME will convene the TIME100 Impact Dinner: Leaders Creating Climate Action to spotlight an array of leaders—including those featured on the new TIME100 Climate list of climate innovators—on December 1st during COP28 in Dubai.

MIT Technology Review releases inaugural list of "15 Climate Tech Companies to Watch"

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星期三, 十月 4, 2023
Taste, Blue Frontier Campaign, EV, Climate, Metal, Atmosphere, Magnesium, System, GEM, Form Energy, Aviation, Electricity, NuScale Power, BYD, Carbon, Electronic waste, Wind, Electrochemistry, MIT Technology Review, EVS, Commonwealth Fusion Systems, Steam, Climate change, Climeworks, Atmosphere of Earth, Iron, Nickel, Water, Geothermal energy, Transport, Cobalt, Blue Frontier, CO2, Nuclear power plant, Farm, Renewable energy, Lithium

CAMBRIDGE, Mass., Oct. 4, 2023 /PRNewswire/ -- MIT Technology Review announces 15 Climate Tech Companies to Watch, a new annual list highlighting start-ups and established businesses that have the greatest potential to substantially reduce greenhouse-gas emissions or otherwise address the threats of global warming. The list is now available at TechnologyReview.com and was revealed live in a session led by MIT Technology Review's editor-in-chief, Mat Honan, and Casey Crownhart, climate reporter at the ClimateTech conference.

Key Points: 
  • MIT Technology Review reveals the list live at its annual sustainability conference, ClimateTech
    CAMBRIDGE, Mass., Oct. 4, 2023 /PRNewswire/ -- MIT Technology Review announces 15 Climate Tech Companies to Watch, a new annual list highlighting start-ups and established businesses that have the greatest potential to substantially reduce greenhouse-gas emissions or otherwise address the threats of global warming.
  • The list is now available at TechnologyReview.com and was revealed live in a session led by MIT Technology Review's editor-in-chief, Mat Honan, and Casey Crownhart, climate reporter at the ClimateTech conference.
  • The 15 Climate Tech Companies to Watch are:
    Blue Frontier : It's getting hot out there and will only get hotter, which means millions more people will need access to air conditioning just to survive.
  • For more information on the 15 Climate Tech Companies to Watch, visit MIT Technology Review's website at TechnologyReview.com .

Department of Energy Awards Xcel Energy up to $70 Million for Long Duration Energy Storage

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星期五, 九月 22, 2023
Technology, Other Energy, Utilities, Oil, Gas, Coal, Alternative Energy, Energy, Batteries, Nuclear, U.S. Department of Energy, Office of Inspector General, Xcel Energy, Minnesota Department of Commerce, Form Energy, Ministry of Energy, Minnesota Public Utilities Commission, Electricity, DOE, Primary energy, Comanche, Sherburne County Generating Station, Wind, Commerce, Inflation Reduction Act of 2022, Form, Colorado Public Utilities Commission, Weather, Breakthrough, Sherburne County, Minnesota, Renewable energy, Construction, Becker

Xcel Energy announced today that it has received a grant of up to $70 million from the U.S. Department of Energy (DOE).

Key Points: 
  • Xcel Energy announced today that it has received a grant of up to $70 million from the U.S. Department of Energy (DOE).
  • The award will partially fund two long duration energy storage systems in Minnesota and Colorado.
  • Each demonstration-scale system will be a 10 megawatt/1,000 megawatt-hour iron-air battery developed by Massachusetts-based Form Energy.
  • The long duration energy storage systems will strengthen the grid against day-to-day and week-to-week variability of renewable energy.

NGP Energy Transition IV, L.P. Completes Final Closing at $700 Million

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星期四, 六月 1, 2023
EV, Electric Vehicles, Automotive, Manufacturing, Other Natural Resources, HVAC, Other Energy, Natural Resources, Other Manufacturing, Oil, Gas, Alternative Energy, Energy, Carbon, Form Energy, Dandelion Energy, NGP, Sustainable community energy system, Partner (business rank), Wind, AES Corporation, Trust, Acquisition, Renewable Energy Group, Growth, Rubicon, Pearson Yachts, Magnetism, Renewable energy

NGP is pleased to announce the final closing of NGP Energy Transition IV, L.P. (“NGP Energy Transition IV” or the “Fund”) at $700 million of total capital commitments.

Key Points: 
  • NGP is pleased to announce the final closing of NGP Energy Transition IV, L.P. (“NGP Energy Transition IV” or the “Fund”) at $700 million of total capital commitments.
  • NGP Energy Transition IV was activated in April 2022 and has invested over $100 million in seven portfolio companies, several of which are profiled below.
  • In 2020, NGP accelerated its energy transition investment effort and has since committed and invested over $600 million in the energy transition across more than 20 portfolio companies.
  • Phil Deutch, NGP Partner and NGP Energy Transition Fund Head, commented, “NGP partners with outstanding management teams to drive significant growth and value creation.

FORM ENERGY BREAKS GROUND ON FORM FACTORY 1 IN WEIRTON, WV

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星期五, 五月 26, 2023
Heart, Virginia House of Delegates, Form Energy, Senate, United States House Committee on Natural Resources, United States Senate Energy Subcommittee on Energy, Ohio River, Energy, Multimedia, Steel, History, IRA, Ship, Natural Resources, Coal, Inflation, City, Investment, Economic development, Pleasure, Form, Inflation Reduction Act of 2022, Booker T. Washington State Park (West Virginia), House, Renewable energy

WEIRTON, W.Va., May 26, 2023 /PRNewswire/ -- Today, Form Energy, Inc., an American technology company developing and commercializing a new class of cost-effective, multi-day energy storage systems, held a groundbreaking and beam signing ceremony to celebrate the start of construction of Form Factory 1, the company's first high-volume manufacturing facility. Located in Weirton, West Virginia, Form Factory 1 will employ at least 750 people when operating at full capacity. Form Energy was joined by federal, state, and local officials, as well as customers, investors, and stakeholders from across the region to celebrate the exciting milestone.

Key Points: 
  • CEO of Form Energy, Mateo Jaramillo, said at today's ceremony, "When we founded Form Energy, we set out to transform the electric grid through reliable, low-cost multi-day energy storage made in America.
  • Form Energy will begin manufacturing and assembling its iron-air battery systems at the Weirton factory for broad commercialization in mid-to-late 2024.
  • Form Energy is partnering with the State of West Virginia to build Form Factory 1.
  • To learn more about Form Energy and stay up to date on the latest developments and job openings at Form Factory 1, please visit www.formenergy.com .

Form Energy Partners with Xcel Energy on Two Multi-day Energy Storage Projects

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星期四, 一月 26, 2023
Technology, Other Energy, Utilities, Manufacturing, Coal, Batteries, Other Construction & Property, Alternative Energy, Energy, Construction & Property, Environment, Sustainability, Other Manufacturing, Green Technology, Sherburne County Generating Station, Form Energy, Wind, Carbon, Weather, Form, Sherburne County, Minnesota, XEL, Comanche, Xcel Energy, Partnership, Renewable energy, Becker

Xcel Energy–Minnesota will deploy a 10 MW / 1,000 MWh multi-day storage system at the Sherburne County Generating Station in Becker, Minnesota.

Key Points: 
  • Xcel Energy–Minnesota will deploy a 10 MW / 1,000 MWh multi-day storage system at the Sherburne County Generating Station in Becker, Minnesota.
  • Xcel Energy–Colorado will deploy a 10 MW / 1,000 MWh multi-day storage system at the Comanche Generating Station in Pueblo, Colorado.
  • This modeling helped Xcel Energy validate how Form’s multi-day storage will enhance Xcel Energy’s ability to reliably and cost-effectively integrate large amounts of wind energy and other renewable resources on its system.
  • Mateo Jaramillo, CEO and Co-founder of Form Energy, added: “Xcel Energy operates across some of the richest wind-resource areas in North America.