Form Energy Powers Ahead: Iron-Air Battery Factory Construction Progresses

• Form Energy Inc is making strides in constructing its iron-air battery factory in Weirton, WV. With a $760 million investment and an annual production capacity of 500 MW, it's set to create jobs and boost the state's economy.

Form Energy Inc is making progress with the construction of its first high-volume manufacturing facility for iron-air battery technology in Weirton, West Virginia. The facility, called Form Factory 1, represents a total investment of up to $760 million and is supported by a financial incentive package from the state of West Virginia. The first phase of construction will be completed in the summer, with an additional phase expanding the manufacturing space to 1 million square feet. Once operational, the factory will have an annual production capacity of 500 MW of batteries and will employ at least 750 people. Operations are scheduled to start in mid to late 2024.

Form Energy Inc is advancing the construction of its iron-air battery factory in Weirton, West Virginia. The company recently held a ceremony to mark the raising of the final steel beam at Form Factory 1. The facility, which represents a total investment of up to $760 million, is expected to be completed in the summer. It will have an annual production capacity of 500 MW of batteries and will employ at least 750 people. Operations are scheduled to begin in mid to late 2024, with further expansion planned for early 2025. The project is supported by a financial incentive package from the state of West Virginia.

What progress has Form Energy made with its iron-air battery factory in West Virginia?

• Form Energy Inc is making progress with the construction of its iron-air battery factory, Form Factory 1, in Weirton, West Virginia.
• The facility represents a total investment of up to $760 million.
• The first phase of construction is expected to be completed in the summer.
• The manufacturing space will be expanded to 1 million square feet in an additional phase.
• Once operational, the factory will have an annual production capacity of 500 MW of batteries.
• The project is supported by a financial incentive package from the state of West Virginia.
• The factory is expected to employ at least 750 people.
• Operations are scheduled to start in mid to late 2024.
• Further expansion is planned for early 2025.