Form Energy to deploy 12 GWh of iron-air batteries for Crusoe's AI data centers

Form Energy has agreed to deploy 12 GWh of its iron-air battery technology for AI infrastructure developer Crusoe, with deliveries scheduled to commence in 2027. Under this agreement, Crusoe has secured reserved volume, pricing, and delivery terms to ensure access to Form Energy's battery technology as it expands its AI infrastructure. All battery systems will be manufactured at Form Energy’s Form Factory 1 in Weirton, West Virginia, supporting domestic energy manufacturing and job creation. Crusoe is adopting a “bring-your-own-capacity” approach to power generation, developing and securing power alongside compute to accelerate deployment and reduce reliance on constrained grid capacity. This model also supports utility system growth, helps shield ratepayers from cost increases, and enhances overall grid reliability for Crusoe's operations.

Counterparts (2)

Offtaker

Crusoe

company

Crusoe Energy Systems provides innovative solutions for energy-intensive computation. They focus on reducing the environmental impact of digital infrastructure by utilizing stranded and underutilized energy resources.

supplier

Form Energy

company

Form Energy is developing and commercializing a new class of cost-effective, multi-day energy storage systems to enable a reliable and fully renewable electric grid year-round. Their iron-air battery technology is designed to address the limitations of conventional battery storage and facilitate the transition to renewable energy sources.