$ cat ./records/invests-in-form-energys-iron-air-battery-for-100-hour-grid-storag-2020.txt
Invests in Form Energy's iron-air battery for 100-hour grid storage

[RECORD.TXT] · cat --full
Breakthrough Energy Ventures co-led a $200 million Series D in Form Energy, which is developing an iron-air battery capable of discharging over 100 hours — far longer than lithium-ion. The technology uses cheap, abundant iron and atmospheric oxygen, dramatically reducing material costs compared to other long-duration storage approaches. Long-duration storage is considered a prerequisite for a grid powered predominantly by wind and solar.
Source: https://formenergy.com/news/form-energy-200m-series-d/
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