Form Energy

2026 is shaping up to be a defining year for energy storage — and for the grids that depend on it. 🔋

In a recent piece, Bloomberg highlights the accelerating momentum of the battery industry, noting that batteries are expected to account for more than a quarter of the record generating capacity the U.S. is set to add in 2026.

As global grids face rising pressure to deliver reliable, affordable power, Bloomberg points to a growing portfolio of energy storage solutions — including Form Energy’s low-cost, multi-day battery systems — helping meet that need and powering the future. ⚡️

To learn more about the growing global demand for energy storage, check out the full Bloomberg piece at:
https://www.bloomberg.com/news/features/2026-04-19/cheap-batteries-are-taking-over-the-world-s-power-grids?itm_source=record&itm_campaign=Year_of_the_Battery&itm_content=Cheap_Storage_Revolution-0

📰 Bloomberg recently featured our new 12 GWh strategic supply agreement with AI factory company Crusoe, highlighting how multi-day storage can serve as a reliable, scalable, and cost-effective solution for powering the AI economy.

Speaking with Bloomberg on our partnership with Crusoe, Form Energy CEO Mateo Jaramillo shared: “This really reaffirms the direction of a lot of the market, which is data centers need that firm, fast capacity.”

Check out the full piece by Mark Chediak for more insights at: https://www.bloomberg.com/news/articles/2026-03-24/form-energy-sells-batteries-to-crusoe-to-power-new-data-centers

Today at , Form Energy and Crusoe announced a strategic supply agreement to deliver 12 gigawatt-hours of multi-day energy storage systems to support the rapidly growing power needs of AI data centers starting in 2027.

The agreement ensures access to Form Energy’s 100-hour iron-air battery technology as Crusoe scales its AI infrastructure, supporting utility growth, insulating ratepayers from cost increases, and strengthening grid reliability.

All battery systems will be manufactured at Form Factory 1 in Weirton, WV, supporting American jobs and reinforcing U.S. leadership in advanced energy manufacturing.

This builds on Form Energy’s recent announcement with Xcel Energy and Google to deploy a 30 GWh iron-air battery system supporting a new data center in Minnesota — together highlighting the growing role of multi-day energy storage in unlocking new grid capacity and enabling faster speed-to-power for AI infrastructure.

As AI demand continues to grow, partnerships like these will be critical to ensuring the U.S. can lead in the AI–energy nexus.

🔗 Read the full announcement: https://formenergy.com/form-energy-crusoe-announce-agreement-for-12-gigawatt-hours-of-iron-air-batteries-for-ai-data-centers/