Weirton, West Virginia — According to state and local economic development sources Form Energy plans to invest $760,000,000.00 to build out new space in Weirton. The company plans to occupy the new space in Weirton, on or about July 1, 2024. According to the company website Form Energy is an American energy storage technology and manufacturing company that is developing and commercializing a pioneering iron-air battery capable of storing electricity for 100 hours at system costs competitive with legacy power plants. Forms multi-day battery will reform the global electricity system to reliably run on 100% low-cost renewable energy, every day of the year. Form Energy was founded by energy storage veterans who came together in 2017 with a unified mission to reshape the global electric system by creating a new class of low-cost multi-day energy storage systems. Driven every day by Forms interlocking core values of humanity, excellence, and creativity, our team is deeply motivated and inspired to transform the energy landscape and create a better world.

To learn more about Form Energy, visit http://formenergy.com/

Company Contact:
Mateo Jaramillo, Chief Executive Officer
https://www.linkedin.com/in/mateojaramillo/
844-367-6462

SOURCE: http://www.intelligence360.io
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