Form Energy, an energy storage company, and Crusoe on March 24 announced a strategic capacity agreement to deliver 12 gigawatt-hours of multi-day energy storage systems to support the rapidly growing power needs of artificial intelligence data centers starting in 2027.
The announcement was made at CERAWeek 2026 in Houston, Texas.
Under the agreement, Crusoe has secured reserved volume, pricing, and delivery terms, ensuring access to Form Energy’s iron-air battery technology as it scales its AI infrastructure.
This agreement reflects Crusoe’s Bring Your Own Capacity approach to AI infrastructure, where power is developed and secured alongside compute to accelerate deployment and reduce reliance on constrained grid capacity, a news release noted. "This scalable model supports utility growth, insulates ratepayers from cost increases, and strengthens grid reliability. Aligned with the Administration’s call to 'build, bring, or buy' power, this structure highlights a new, energy-first model for delivering AI infrastructure at speed," the companies said.
All battery systems will be manufactured at Form Energy’s Form Factory 1 in Weirton, West Virginia.
Form Energy commenced delivery of its first commercial pilot system in Minnesota, with the full project expected to come online in 2026.
The company has over 75 GWh of commercial projects under agreement, including multiple large-scale deployments that rank among the largest battery projects by energy capacity announced globally, "demonstrating the critical role of multi-day storage in enabling grid reliability and unlocking new capacity for energy-intensive industries."
The agreement with Crusoe highlights "a new model for scaling firm, reliable power to support the next generation of AI infrastructure," the companies said.
