Form Energy is American energy storage technology and manufacturing company developing and commercializing a multi-day energy storage system to reshape the global electric system.
Why we invested
We need firm, dispatchable power that follows a load the way coal and gas did. And while solar and wind are cheap, batteries are expensive. Or were… Form is building the best, lowest-cost Long Duration Storage system and the software to implement it. Great teams tackling big problems--that’s a dispatchable solution.
Why this work matters
To run the grid reliably and affordably, we need new, transformative energy storage technologies capable of cost-effectively storing electricity for multiple days, during extended periods of extreme weather, grid outages, or low renewable generation. Form Energy was founded to address this need. Our pioneering iron-air battery system can store electricity for 100 hours at system costs competitive with legacy power plants.