Boston develops energy storage battery companies

Will Massachusetts help Boston-power build a new energy storage facility?

Enabling energy storage to continue to flourish in Massachusetts, state officials are working closely with Boston-Power to pursue state and federal financial incentives that will help the company to fulfill its plans of building the Auburn facility.

Are New England battery startups a money magnet?

New England battery startups, like SES, Factorial Energy, and Form Energy, have become money magnets, with car companies and venture investors pouring in hundreds of millions of dollars.

Could Boston-area battery companies power electric cars and smart grids?

Formed out of research at MIT, Worcester Polytechnic Institute and other nearby research institutions, these companies are developing technology that could power electric vehicles and smart grids of the future. Venture capital firms are betting big on Boston-area battery companies, too.

Who makes a solid-state battery?

Factorial Energy manufactures solid-state batteries that allow electric vehicles to drive 50 percent longer than conventional lithium-ion batteries, according to the company. The Woburn-based company launched from stealth last year and has raised $240 million, including a $200 million Series D in January.

Where is the world's most advanced battery manufacturing facility located?

Boston-Power, Inc. announced that the company is working to build what it describes as one of the world’s most advanced battery manufacturing facilities in Auburn, Massachusetts.

Who is raking in big bucks to develop advanced batteries?

Paige Mead (left), Jasmine Bola (center), and Elmer Zalun, technicians working at Form Energy in Somerville, a startup raking in big bucks to develop advanced batteries for grid energy storage. David L. Ryan/Globe Staff A cluster of well-funded startups in Greater Boston is getting ready to change the world’s energy-storage systems.