Grid-scale, long-duration batteries must have flexible discharge rates and reaction times to give grid operators complete control over how and when the stored energy is used
R&D Focus
utility-scale thermal storage
Innovative Solution
Fourth Power’s modular battery can provide 5 to 10 hours of storage to meet needs now and scale with renewable deployment for needs up to 500 hours and any increment in between
Solution Effectiveness
Fourth Power is among the highest energy density options, enabling to store electricity at the lowest cost — less than $25/kWh-e — 10x cheaper than lithium-ion batteries.
Investment Funding
Last Funding Stage
Series A
Total Funding Amount
$19M
Last Funding Amount
$19M
Last Funding Date
December 13, 2023
Startup Stage
Growth Stage
Lead Investors
DCVC, Breakthrough Energy Ventures and Black Venture Capital
People
Founders
Asegun Henry
Board Members
CEO
Arvin Ganesan
Products
Demo Product or Complete Product?
Prototype
Awards and Recognitions
Awards
2024 World Economic Forum (WEF) Technology Pioneer
Media Apperance
Utility Dive, Fast Company, World Economic Forum, Techcrunch
