$170.3-222.3k
+ Stock Options
Office located in Berkeley, CA
Energy storage systems manufacturer
Open for applications
Energy storage systems manufacturer
501-1000 employees
Open for applications
$170.3-222.3k
+ Stock Options
Office located in Berkeley, CA
501-1000 employees
To form a better world by developing, manufacturing, and commercializing a new class of cost-effective, multi-day energy storage systems that will enable a reliable and fully renewable electric grid year-round.
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View 15 more jobs at Form Energy
60% employee growth in 12 months
Dec 2024
$50m
SERIES F
Oct 2024
$405m
SERIES F
Central to the development of the digital revolution is the role of electric grid infrastructure and expansion. A completely electrical infrastructure is restricted by the inherent limitation that electrical energy is difficult and costly to store. Form Energy, however, have created a reliable battery that has the capacity to revolutionize how we use electricity.
Revolutionizing battery storage is at the core of Form Energy’s approach to making renewable energy universal. Form Energy’s battery is based around Iron-air technology that currently has energy storage capacities and operational costs comparable to legacy power plants. In addition to improvements in cost and consistent electricity access, Form Energy’s batteries are scalable, portable, and safe - offering a unique approach to revolutionizing renewable energy storage towards a greener future.
Although renewable energy storage technology remains an emerging industry, a variety of competitors are also driving developments of battery storage technology. However, Form Energy continues to be a key leader in this space, bagging significant investment that will enable it to build its first manufacturing plant and begin selling to customers. Form Energy's progress is highlighted by a deal with Xcel Energy to deploy iron-air battery systems at two of its retiring coal plant sites and with Puget Sound Energy in 2024, to help the company deploy multi-day energy storage systems.
Freddie
Company Specialist at Welcome to the Jungle