Energy

Form Energy

Medium52% confidenceProfile verified Jul 22, 2026

Developer of iron-air batteries for ultra-long-duration (100+ hour) grid energy storage, aimed at multi-day backup power rather than the 2-4 hour discharge window of conventional lithium-ion systems. Form Energy signed a landmark agreement with Meta in April 2026 reserving up to 1 gigawatt (100 gigawatt-hours) of its iron-air storage capacity to help power Meta's data center networks, as AI data center operators increasingly turn to battery energy storage systems (BESS) to manage power surges and grid resilience amid multi-year utility interconnection wait times.

Sources

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Evidence

2 sources · 60% avg. source confidence

Dependency Map

What Form Energy depends on below, and who depends on Form Energy above — click any node to make it the new center, 2 levels deep.

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Investment
Dependency
Supply Chain
Development
Enablement
Competition / Other
Succession

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The Story So Far (last 6 months)

Feb 2026: Google/Xcel Energy 300MW/30GWh battery agreementFeb 2026: Form Energy: Google/Xcel 300MW battery deal, first overseas deployment in IrelandApr 2026: 1GW Meta data center storage agreementApr 2026: Form Energy signs landmark 1GW iron-air storage agreement with Meta

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Form Energy's Timeline

A sourced, dated history of Form Energy's key moments — founding to present.

  1. Jan 2017 · Founded

    Form Energy was founded to develop iron-air batteries for ultra-long-duration grid energy storage.

  2. Feb 2026 · Google/Xcel Energy 300MW/30GWh battery agreement

    Google and Xcel Energy announced their intention to develop a 300 megawatt / 30 gigawatt-hour battery using Form Energy's iron-air chemistry, described as part of the world's 'largest' grid battery project.

  3. Apr 2026 · 1GW Meta data center storage agreement

    Form Energy signed a landmark agreement with Meta reserving up to 1 gigawatt (100 gigawatt-hours) of ultra-long-duration iron-air battery storage capacity to power Meta's data center networks.