Start mass production of iron-air battery, 10 times cheaper than lithium-ion battery
Massachusetts-based startup
West Virginia Governor Jim Justice announces Form Energy will site first American battery manufacturing plant in Weirton, creating hundreds of jobs | Form Energy
https://formenergy.com/west-virginia-governor-jim-justice-announces-form-energy-will-site-first-american-battery-manufacturing-plant-in-weirton-creating-hundreds-of-jobs/
Gov. Justice announces Form Energy will site first American battery manufacturing plant in Weirton
https://governor.wv.gov/News/press-releases/2022/Pages/Gov.-Justice-announces-Form-Energy-will-site-first-American-battery-manufacturing-plant-in-Weirton.aspx
Iron-air batteries are storage batteries made of iron and water, and can be produced at one-tenth the cost of lithium-ion batteries made of materials such as lithium and cobalt. Iron-air batteries are heavy and not suitable for applications such as smartphones and electric vehicles, but they are suitable for applications such as `` storing a large amount of electricity and continuing to supply power for several days ''. For this reason, iron-air batteries are attracting attention as storage batteries for stabilizing power supply networks.
Form Energy is a startup established in 2017 with the aim of mass-producing such iron-air batteries. Newly, Form Energy has announced that it will build an iron-air battery plant in Weirton , West Virginia, and begin manufacturing iron-air batteries in 2024. In addition, it is said that 760 million dollars (about 98 billion yen) will be invested in the construction of the factory.
“Our new battery factory will create at least 750 full-time jobs in Weirton,” Form Energy said in announcing that the construction of the iron-air battery factory would also contribute to the development of the local economy. I'm here.
Our new battery manufacturing plant is expected to create a minimum of 750 new full-time jobs in Weirton and will represent a total investment of up to $760 million, inclusive of a $290 million economic development incentive package from the State of West Virginia.
— Form Energy (@FormEnergyInc) December 22, 2022
Form Energy says that the iron-air battery it is developing can store 100 hours of electricity at the same cost as a conventional power plant, and that it has been unable to produce renewable energy due to abnormal weather for a long time. Even in such a case, the power supply grid can be kept in a stable state.' It is reported that in Ukraine, where attacks by Russia continue, a stable power supply becomes impossible and it depends on lithium-ion batteries to maintain the network communication network. It seems to be useful for maintaining a stable power supply.
Ukraine has fallen into a power shortage due to Russia's attack and is relying on lithium-ion batteries for power of communication infrastructure - GIGAZINE
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in Hardware, Posted by log1o_hf