Bill Gates’ Breakthrough Energy Ventures champions revolutionary startup Fourth Power

In a groundbreaking move, Bill Gates' Breakthrough Energy Ventures is championing Fourth Power, a thermal storage startup set to revolutionise long-duration power backup. By converting renewable power into heat stored with liquid tin and carbon blocks, Fourth Power aims to tackle renewable energy intermittency. With a Series A funding of $19 million led by DCVC, Breakthrough's commitment signals a leap toward a true renewable grid. The technology, potentially 10 times cheaper than lithium-ion, could redefine energy storage and propel Fourth Power into commercial deployment by the decade's end.

Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.

Bill Gates' Breakthrough Energy Backs Startup That Uses Liquid Tin to Store Energy

By Tope Alake

Bill Gates' Breakthrough Energy Ventures is backing a new thermal storage startup, expanding its investments in long-duration power backup.

___STEADY_PAYWALL___