Form Energy Signs 12 Gigawatt-Hour Battery Deal to Power AI Data Centers. Form Energy has entered into an agreement with Colorado-based AI factory company Crusoe to provide iron-air battery systems for artificial intelligence data centers.

The agreement represents Form Energy's 10th publicly announced project in recent years and comes one week after the company announced its first international deal. Under the terms of the partnership, Form Energy will deliver 12 gigawatt-hours of multi-day energy storage systems for Crusoe's AI data centers, with deliveries beginning next year.

Agreement Terms and Technology

Crusoe has secured reserved volume, pricing, and delivery terms through the agreement, ensuring access to Form Energy's iron-air battery technology as the company scales its AI infrastructure. Form Energy's iron-air battery systems are designed to provide 100 hours of power. "Powering the AI economy requires reliable, scalable, and cost-effective energy solutions," said Mateo Jaramillo, co-founder and CEO of Form Energy.

This partnership with Crusoe, a market leader in energy-first AI infrastructure, demonstrates how multi-day energy storage can unlock new capacity for data centers while strengthening domestic manufacturing and delivering the firm, reliable power needed to support the next generation of AI infrastructure.

Manufacturing and Production

All battery systems will be manufactured at Form Energy's Form Factory 1 in Weirton. After announcing its plans to locate in Weirton in 2022, the company celebrated the completion of the initial stages of Form Factory 1 in September 2024 and began trial operations. The facility is now under full operation. The Crusoe deal follows shortly after Form Energy announced an agreement with FuturEnergy Ireland for a battery system to be built in 2028. The company now has agreements for projects in at least seven states as well as Ireland.

Industry Impact and Strategic Vision

"The future of AI depends on access to abundant, reliable power delivered at speed," said Cully Cavness, co-founder, president, and chief strategy officer at Crusoe. "This agreement with Form Energy reinforces Crusoe's commitment to energy innovation and establishes a new model for securing energy infrastructure at scale, enabling us to meet growing demand while building a more resilient and sustainable system." Company officials note that Form Energy and Crusoe are working together to accelerate speed to power, strengthen domestic manufacturing, and scale American innovation to meet rising electricity demand. They position this collaboration as helping the United States lead in the AI-energy nexus.

The partnership addresses the growing energy demands of artificial intelligence infrastructure, with both companies emphasizing the importance of reliable and scalable power solutions for the expanding AI economy. The multi-day energy storage capability of Form Energy's iron-air battery technology is positioned as a key component in supporting the next generation of AI data center operations.

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