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Form Energy

Somerville, MA, United States

Energy StoragePrivate
Founded 2017500-1000 employees

About

Founded in 2017, Form Energy is a private headquartered in Somerville, United States with approximately 500-1000 employees specializing in Energy Storage.

Form Energy is an American company founded in 2017 by energy storage veterans dedicated to developing low-cost, multi-day energy storage solutions. The company's flagship product is a 100-hour iron-air battery system capable of cost-effectively storing energy for extended periods. Form Energy operates manufacturing, R&D, and engineering facilities across Massachusetts, California, West Virginia, and Pennsylvania. The company has signed over 4 GWh of commercial contracts with leading utilities including Xcel Energy, Dominion Energy, and the California Energy Commission. Form Factory 1, located in Weirton, WV at the former Weirton Steel site, is their first high-volume battery manufacturing facility employing approximately 400 people. Form Energy has also launched Formware, an advanced grid modeling software for utilities and system operators. The company has expanded internationally with its first project in Ireland.

energy storagebattery technologygrid infrastructuremanufacturingmulti-day storage

Headquarters

Somerville, United States

Founded

2017

Employees

500-1000

Company Type

Private

Funding Stage

Series F

Business Models

B2BIPP

Value Chain

R&DManufacturingDevelopmentEngineeringEPCO&M

Service Regions

United States, Ireland

Products

Iron-Air Battery System

Formware

Projects

Great River Energy Pilot Project

Maine Energy Storage Project

Xcel Energy Minnesota Project

Georgia Power Project

FutureEnergy Ireland Project

Crusoe Energy Agreement

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