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Battery Makers Tied to Power Grid Attract Big Investors
MARKETS
Battery Makers Tied to Power Grid Attract Big Investors
Investment firms have committed hundreds of millions of dollars to startups developing so-called long-duration batteries
By Scott Patterson | Photographs by Allison Dinner for The Wall Street Journal
https://twitter.com/pattersonscott
scott.patterson@wsj.com
Sept. 9, 2021 7:00 am ET
Big investors are charging into startups touting experimental new battery technologies that would make it possible for renewable energy sources to produce most of the country’s electricity.
Deep-pocketed investment firms such as TPG, Apollo Global Management and Paulson & Co. in recent months have plowed hundreds of millions of dollars into the companies, which make what are called long-duration batteries.
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Battery Makers Tied to Power Grid Attract Big Investors
Investment firms have committed hundreds of millions of dollars to startups developing so-called long-duration batteries
By Scott Patterson | Photographs by Allison Dinner for The Wall Street Journal
https://twitter.com/pattersonscott
scott.patterson@wsj.com
Sept. 9, 2021 7:00 am ET
Big investors are charging into startups touting experimental new battery technologies that would make it possible for renewable energy sources to produce most of the country’s electricity.
Deep-pocketed investment firms such as TPG, Apollo Global Management and Paulson & Co. in recent months have plowed hundreds of millions of dollars into the companies, which make what are called long-duration batteries.
TO READ THE FULL STORY
SUBSCRIBE
SIGN IN