Form Energy, Inc

Form Energy is an American energy storage company focused on developing a new class of cost-effective, multi-day energy storage systems. The company aims to enable a reliable and fully renewable electric grid that can operate year-round. Its commercial product is a rechargeable iron-air battery capable of storing electricity for over 100 hours, offering competitive system costs with traditional power plants. Founded in 2017 by a team of experts including former Tesla battery development head Mateo Jaramillo and MIT professor Yet-Ming Chiang, Form Energy is dedicated to reshaping the global electric system and making energy transition a reality.

With a vision of providing energy storage solutions that are reliable and environmentally friendly, Form Energy has established manufacturing facilities, including its first factory in Weirton, West Virginia. This plant, part of a $760 million project, aims to produce its unique battery technology on a large scale, creating approximately 750 jobs in the region. Furthermore, Form Energy’s research and development focus on safety and efficiency has led to being recognized as a top climate tech company. The company has attracted significant investment from notable firms such as Breakthrough Energy Ventures and TPG Rise, marking its position as a leader in the field of long-duration energy storage technology.