Department of Energy Selects Form Energy for $150M to Build Out West Virginia Battery Factory
The U. S. Department of Energy has announced its selection of Form Energy for an award negotiation of up to $150 million, aimed at establishing a new battery manufacturing facility in Weirton, West Virginia. This initiative is part of the Bipartisan Infrastructure Law, specifically under the Battery Materials Processing and Battery Manufacturing program, which seeks to enhance domestic production capabilities. The investment is expected to significantly impact the local economy by generating jobs and fostering technological advancements in energy storage.
Form Energy's Project RAPID (Realizing Advanced Production) will focus on improving manufacturing processes and increasing the availability of battery systems essential for renewable energy integration. The factory will not only contribute to local employment but also support the broader transition towards sustainable energy solutions across the United States. As the demand for efficient energy storage solutions continues to rise, this project positions West Virginia as a key player in the evolving energy landscape. The Department of Energy's support underscores the federal government's commitment to strengthening the nation's supply chain for critical battery materials. This strategic investment aims to ensure that the U.
S. remains competitive in the global energy market.