Introduction of Overseas Expansion Case in West Virginia, USA: The First Battery Manufacturing Plant
A rapidly growing energy venture founded in 2017! A case selected from over 500 site candidates across 16 states.
Form Energy (MA) has conducted a groundbreaking ceremony for its first battery manufacturing plant, Factory 1. The manufactured product, the iron-air battery, is a new class of battery with a very high cost-effectiveness. It can store energy for several days at one-tenth the cost of lithium-ion batteries. The reasons for choosing this location include that Weirton has historically suitable terrain and infrastructure for the steel industry, as well as expertise in producing excellent products from iron. Additionally, it is close to the existing pilot plant (PA). It was selected from over 500 site candidates across 16 states. 【Case Overview (Partial)】 ■Investment Amount: US$760 million ■Location: Weirton, WV (site of the Weirton Steel Plant) ■Manufactured Product: Iron-air battery ■Site Area: 55 acres *For more details, please refer to the PDF document or feel free to contact us.
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【Other Case Summary】 ■New Employment: 750 people ■Construction Start: 2023 *For more details, please refer to the PDF document or feel free to contact us.
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For more details, please refer to the PDF document or feel free to contact us.
