Fourth Power develops technology for renewable energy storage through utility-scale thermal storage, aiming to make renewable energy an on-demand energy source.

Fourth Power

Fourth Power is a thermal battery energy storage company. Our technology makes renewable energy an on-demand energy source through utility-scale thermal storage. We can harness today’s wasted wind and solar production to respond to grid needs at a cost competitive with fossil fuels.

Our modular battery can provide 5 to 10 hours of storage to meet needs now and scale with renewable deployment for needs up to 100 hours and any increment in between. With the ability to provide short- and long-duration energy storage (LDES), we can start small and grow with the grid to save consumers money and ensure a clean energy future.

Our team was thrilled to take part in the Breakthrough Energy #BESummit last week. Despite an exhausting schedule, we left London energized to tackle our generation’s greatest challenge — #climatechange — by decarbonizing the grid using #thermalbatteries to store energy for long durations #LDES.
 
A particular highlight was being featured in the Summit’s Innovation Showcase. Arvin Ganesan and Christina Belsito spoke with hundreds of people — investors, corporates, policymakers, and Breakthrough Energy’s own founder, Bill Gates — about Fourth Power. 
 
Armed with wisdom from those who have forged the first-of-a-kind (#FOAK) path ahead of us, it’s time to get back to work. #GoFourth
 
#renewableenergy #decarbonizedgrid #energytransition #energyisprosperity

We recently shared a new addition to our Advisory Board, Philip Dion of Edison Electric Institute; we'd be remiss to not also boast about its other members. We're honored and grateful for their contributions to our company:
 
Derek Warnick is co-founder and CFO of Electric Hydrogen, a company building efficient, low-cost electrolyzers to produce green hydrogen at global scale. Previously, he held executive positions at Breakthrough Energy Ventures, Tank Utility, and Infinite Cooling. Not only does he bring expertise in scaling and deploying large-scale decarbonization technologies, but also in building and managing an a-class team.
 
Dr. Arun Majumdar is the Jay Precourt Provostial Chair Professor at Stanford University. Prior to joining Stanford, he was the Vice President for Energy at Google, where he created several energy technology initiatives and advised the company on its broader energy strategy. In 2009, he was nominated by President Obama and confirmed by the Senate to become the Founding Director of the Advanced Research Projects Agency - Energy (ARPA-E), where he served till June 2012. Between March 2011 and June 2012, Dr. Majumdar also served as the Acting Under Secretary of Energy, and a Senior Advisor to the Secretary of Energy.
 
Dr. Stephen Forrest  is the Peter A Franken Distinguished University Professor of Engineering at the University of Michigan. He is a world expert in Optoelectronics and a serial entrepreneur. A fellow of APS, IEEE and OSA and member of the National Academy of Engineering and the National Academy of Sciences, he is recognized for innovations in organic LEDs, his work on organic thin films and advances made on photodetectors for optical communications systems. 
 
Dr. Kenneth Sandhage is the Reilly Professor of Materials Engineering at Purdue University. He is a Leading Expert in High Temperature Materials, and invented the Displacive Compensation of Porosity (DCP) Process.  The Sandhage group has pioneered the development of novel shape-preserving, reaction-based processes for generating materials with tailored chemistries and macro-to-nanoscale structures for energy, environmental, transportation, defense, and medical applications. Earlier in his career, he served as a Senior Scientist at both Corning and American Superconductor 
 
Dr. Gang Chen is the Carl Richard Soderberg Professor of Power Engineering and the director of the MIT Pappalardo Micro/Nano Engineering Laboratory. A world expert in heat transfer, he has made important contributions to the understanding of heat transfer in nanostructures and exploited them to develop energy conversion, storage, and water technologies. Chen is fellows of the US National Academy of Engineering and the American Academy of Arts and Sciences.

As U.S. electricity usage soars, Fourth Power’s novel energy-storage system could enable wind and solar to meet demand while reining in costs. ⚡️

Learn more from CEO Arvin Ganesan. 👇

https://lnkd.in/gYFZYmRG

Arvin Ganesan, CEO of Fourth Power, was recently featured on the CleanTechies podcast! 🌍💡

Some key takeaways:

1. **Innovative Solutions**: Arvin discusses how we at Fourth Power are tackling the challenge of storing renewable energy 

2. **Cost-Effective Energy**: The goal is to make storage so affordable that combining it with renewables will outcompete traditional gas. Arvin emphasizes the importance of reducing costs to drive impactful change. 

3. **Strategic Leadership**: With a diverse background spanning investment research, policy work at the EPA during the Obama administration, and global energy policy at Apple, Arvin brings a wealth of experience to Fourth Power. His leadership is a testament to the power of combining technical expertise with strategic vision. 

4. **People-Centric Approach**: Arvin highlights the critical role of having the right team, underscoring the importance of culture and fit in building a successful startup. He shares valuable insights on how Fourth Power ensures a cohesive and effective team dynamic.

5. **Future Prospects**: The discussion also touches on the evolving landscape of energy markets and the multiple business models Fourth Power is considering to maximize impact and adaptability. 

🎧 Listen to the full episode and join the conversation on clean energy! 

#CleanEnergy #ClimateTech #EnergyStorage #RenewableEnergy

https://lnkd.in/e6rvSmxx

Fourth Power has been selected as a distinguished Technology Pioneer within the World Economic Forum Innovator Communities! This diverse community, fostered by WEF, are united by a goal to positively shape a shared future. Fourth Power is part of the program’s Centre for Energy and Materials, aimed at accelerating the transition to secure, sustainable, and equitable energy globally and locally. Represented by our CEO, Arvin Ganesan, we look forward to contributing to WEF's global initiatives in the coming years as a member of this prestigious community!

https://lnkd.in/dYKJVkG7

#wef #techpioneers24 #EnergyInnovation #EnergyTransition

Have a listen to this great conversation between our CEO, Arvin Ganesan, our Founder & CTO Asegun Henry, and host of the Volts podcast, david roberts!

news impact assignment basic	general
public peers	general	Aug 8, 2024 4:18 AM	d42918dd
news daily refresh	general
news processing daily refresh	general
news impact assignment daily	general
news processing basic	general
company summary	general
signals	general
crunchbase trigger	general
crunchbase profile	general
li profile	general	Aug 8, 2024 4:18 AM	1a79ede2
translate crunchbase fundingrounds	general
peers	general	Aug 8, 2024 4:18 AM	08aba382
news basic	general	Aug 8, 2024 4:18 AM	cf62f2f9
bundesanzeiger	filings
merger acquisitions	company_analysis
financials download nd	financials
private financials	financials

COM:GOFOURTH

Fourth Power