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Idaho company to build battery manufacturing plant in US

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Idaho company to build battery manufacturing plant in US

KORE Power, a developer of energy storage systems, on Oct. 22 announced intentions to build a lithium-ion battery manufacturing plant in the U.S.

The Coeur d'Alene, Idaho-headquartered company did not disclose a location for its proposed 1 million-square-foot facility to produce its Mark 1 Energy Storage System. The company said it is "reviewing specific potential sites in a handful of states within the U.S. as part of its process to select the best location for the construction of its manufacturing plant." The company added it has narrowed the search to sites with "broad access to labor and logistics hubs."

The plant will have 10 GWh of manufacturing capacity, the company said, and create 2,000 new jobs in production, shipping, logistics and customer service. Its lithium-ion storage systems will serve demand for energy storage peaker plants, storage for solar and wind plants, microgrids, behind-the-meter storage, mining and military applications.

The plant will use the same assembly lines as its production plant in Jiaozuo, China, owned Do Fluoride Chemicals, which KORE Power calls its manufacturing partner. KORE Power said the plant in China will have 6 GWh of battery production capacity as of late first quarter 2020.

KORE Power CEO Lindsay Gorrill said in a news release that the proposed U.S. plant is a part of its strategy to increase its capacity supply in North American markets as well as grow its international presence. The U.S. "desperately needs" such a production facility, he said.

KORE joins other lithium-ion manufacturers that have been pumping billions into new manufacturing facilities in the U.S. amid a global battery boom.