Crusoe orders $500 million worth of batteries from Form Energy
NewsBytes | March 25, 2026 6:39 AM CST
Crusoe is also working with Redwood Materials
While the price tag hasn't been shared, the purchase should still bring Form hundreds of millions in new revenue as the company embarks on a $500 million funding round.
Crusoe is also teaming up further with Redwood Materials, known for recycling electric vehicle batteries, to power its sites using second-life batteries, showing a strong push toward sustainable energy and smarter battery use in tech.
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