- Battery startup Form Energy raised 750 million dollars in a Series G funding round to expand its manufacturing capacity in West Virginia.
- The company produces iron-air batteries capable of delivering power for up to 100 hours, addressing the growing demand for long-duration energy storage driven by renewable energy growth and the AI data center boom.
- Form Energy secured major customers including Google and Xcel Energy, supported by a domestic-focused supply chain that relies primarily on materials from the U.S. and Europe rather than China.