( ) -q-23- UNDATED (Correspondent Jeremy House) “wind isn’t blowing.” Form Energy, a company that is beginning to produce a longer-lasting alternative to lithium batteries, has hit a milestone with an announcement of $405 million in funding. [CutID: <Cuts> FORM-ENERGY-BATTERY-house-q-THUam.mp3 Time: 23s Title: FORM-ENERGY-BATTERY-house-q-THUam Out-cue: wind isn’t blowing] TAG: Correspondent Jeremy House reporting. ——————————– VERBATIM: […]
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Climate solution: Form Energy secures $405M to speed development of long-awaited 100-hour battery
( ) -q-23- UNDATED (Correspondent Jeremy House) “wind isn’t blowing.”
Form Energy, a company that is beginning to produce a longer-lasting alternative to lithium batteries, has hit a milestone with an announcement of $405 million in funding.
[CutID: <Cuts> FORM-ENERGY-BATTERY-house-q-THUam.mp3
Time: 23s
Title: FORM-ENERGY-BATTERY-house-q-THUam
Out-cue: wind isn’t blowing]
TAG: Correspondent Jeremy House reporting.
——————————–
VERBATIM: The money will allow Form to speed up manufacturing at its first factory in Weirton, West Virginia and continue research and development. Manufacturing long-duration energy storage at a commercial scale is seen as essential for lowering carbon emissions. The alternative to lithium batteries makes clean energy available when the sun isn’t shining or the wind isn’t blowing.