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iFixit wants to fix the soldering iron
(www.engadget.com)
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A pinecil is 25$ and a 40kmah battery pack is 35$, so the combination... 60-70 bucks.
I've never used one but I just looked up the specs and it looks like it maxs out at 75 watts. Is that enough to keep it hot with like 16 gauge wires?
The pinecil will go up to 126w if you have a capable power supply. I am going to be honest though, 16awg isn’t that large. A 45w iron could probably handle that fine if you are ok with waiting a but for your wires to get up to temp.
I have a 60w iron and 16awg is always the size that's just too big for me and always a pain to solder.