Gigantic Form Energy battery to power Google data center in Minnesota [Yahoo! Finance]
Xcel Energy Inc. (XEL)
Last xcel energy inc. earnings: 1/30 06:00 am
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Source: Yahoo! Finance
The startup is still constructing its first commercial project, in Minnesota, but today revealed it has clinched a potentially game-changing follow-up in the same state to support a Google data center. The utility Xcel Energy will install 300 megawatts of Form's batteries in Pine Island, Minnesota. It's a big battery installation for the Midwest, but developers have built several grid storage plants elsewhere with more megawatt capacity. What shoots this project into the energy-storage stratosphere is that it will dispatch energy for up to 100 hours straight — enough to pump clean energy through multiday weather patterns that would limit renewable production. That unique capability means the Pine Island Form plant, fully charged, will hold 30 gigawatt-hours of energy, an astonishing amount for the grid as we know it. The deal is also notable in that it proves Form has found commercial traction even before its first installation for a utility customer is complete. That outcome was
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XEL
News
- Xcel Energy Inc. Board Increases 2026 Common Dividend, Declares Dividend on Common StockBusiness Wire
- Avangrid and Xcel Energy Extend Offtake Agreement for 150 MW Power Project in the Midwest [Yahoo! Finance]Yahoo! Finance
- Google's new 1.9GW clean energy deal includes massive 100-hour battery [TechCrunch]TechCrunch
- Xcel Energy to Power New Google Data Center in Minnesota [Yahoo! Finance]Yahoo! Finance
- Xcel Energy to Power New Google Data Center in MinnesotaBusiness Wire
XEL
Earnings
- 2/5/26 - Miss
XEL
Sec Filings
- 2/25/26 - Form 10-K
- 2/5/26 - Form 8-K
- 2/2/26 - Form 8-K
- XEL's page on the SEC website