Massachusetts-based Form Energy will build the plant on a 55-acre site once occupied by Weirton Steel in the Northern Panhandle. Construction is expected to begin next year with manufacturing of battery systems set to start in 2024. The announcement came as U.S. Census Bureau estimates released Thursday show that West Virginia lost residents for the 10th straight year. The estimates show the state’s population fell by 10,370 residents over the past year. The 0.6% decline was the fourth highest rate in the nation.West Virginia plant to make batteries for US energy grid | The Intelligencer | December 22, 2022
It’s hard to get more cutting-edge than iron-air batteries, a technology that has not yet been installed in a full-scale power plant. Form co-founder and CEO Mateo Jaramillo left Tesla’s energy-storage business to tackle the problem of long-duration storage: How can we take renewable power, which doesn’t flow around the clock, and turn it into a reliable 24/7 power source?Form Energy to build novel iron batteries in West Virginia steel town | Canary Media | December 22, 2022
The Inflation Reduction Act includes the first stand-alone credit for energy storage installations, such as the ones Form will supply. And there is an added bonus for projects utilizing domestic content, like what Form will manufacture in Weirton.