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Somerville, Massachusetts, United States
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Form Energy is a cutting-edge energy storage technology company founded in 2017, known for its groundbreaking iron-air battery innovation. These batteries provide cost-effective, multi-day energy storage, enabling electricity storage for up to 100 hours at costs competitive with traditional power plants. The batteries work through a reversible rusting process: they use oxygen from the air to convert iron metal into rust during discharge and reverse the process during charging. This unique technology addresses critical challenges in integrating intermittent renewable energy sources, such as wind and solar, into the grid, ensuring reliability and sustainability. In 2024, Form Energy began building its first manufacturing facility in Weirton, West Virginia, as part of a $760 million project to commercialize its storage systems. With over $1.2 billion in funding, including a $405 million Series F round, the company is poised to transform the energy sector and accelerate the transition to a renewable-powered future.
Mateo Jaramillo
CEO
Operating since 2017
1000 Members
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