CHARLESTON, W.Va. – U.S. Senator Shelley Moore Capito (R-W.Va.) today applauded Governor Jim Justice’s (R-W.Va.) announcement that Form Energy, Inc. (Form Energy) will partner with the State of West Virginia to build its first iron-air battery manufacturing facility on 55 acres of property in Weirton, W.Va. The new battery manufacturing plant is expected to create a minimum of 750 new full-time jobs and will represent a total investment of up to $760 million.
Form Energy expects to start construction of its Weirton factory in 2023 and begin manufacturing iron-air battery systems in 2024 for broad commercialization.
“Once again, West Virginia has won a highly competitive process to bring new jobs and opportunities to the Mountain State,” Senator Capito said. “Today’s announcement was truly a collaborative effort, and I want to congratulate Governor Justice, Secretary Carmichael, and the leadership of the West Virginia Senate and House of Delegates in working together to bring Form Energy to our Northern Panhandle. If West Virginia is going to continue to be an energy state, we must embrace new technologies, but also tell our story on a national and global level. I look forward to working with the visionary leadership of Form Energy as they ramp up their production in West Virginia, and look forward to more positive developments for our home state in the future.”
BACKGROUND:
The electric grid faces a challenge: how to manage the multi-day variability of renewable energy without sacrificing reliability or cost. Form Energy is an American energy storage technology and manufacturing company that is developing and commercializing an iron-air battery capable of storing electricity for 100 hours at system costs competitive with legacy power plants. The company’s pioneering multi-day battery will reshape the electric system to reliably run on 100% low-cost renewable energy, every day of the year.
# # #