Items Tagged with 'Battery plant construction'

Mateo Jaramillo, co-founder and CEO of long-duration battery storage innovator Form Energy, hit the trifecta last year: completing its first factory in West Virginia with plans to expand this year; getting its first U.S. commercial system installations under way; and gaining an eye-catching $405 million in a private funding round.

Form Energy will expand its just completed scaled-up iron-air system factory in West Virginia, also announcing $1.2 billion in firm investments and plans to deploy batteries at commercial scale, with Mortenson as contractor for the first project in Minnesota. 

Panasonic Energy Co.’s $4B electric vehicle battery plant in De Soto, Kan., is taking shape with the aim of beginning production early next year.

Barton Malow is the design-build contractor on the BlueOval SK Battery Park for the automaker and its partner SK On Co.

Planned 1.2-million-sq-ft plant in Edgecombe County, N.C., which would have 24-GW capacity to produce batteries favored for microgrids and data centers, would be the first large domestic producer of the alternative technology to lithium-ion.

Federal grants and loans under new infrastructure funding laws will favor applicants with strategies to retain and attract skilled workers for “high-quality jobs," a move observers say is timed with escalating auto industry labor battles.  

Company says it will need more manufacturing plants to reach  targeted EV battery production capacity, as a $4-billion electric vehicle battery assembly plant is advancing in De Soto, Kan.

Lithium-ion battery developer KORE Power Inc. to supplement cost of $1.25-billion advanced EV battery manufacturing plant underway in Buckeye, Ariz., with $850-million conditional U.S. Energy Dept. loan. 

Toyota's under-construction battery plant in North Carolina is now an almost $6B project with new funds, while Ford BlueOval plants in Tennessee and Kentucky are boosted by a $9.2-billion U.S. Energy Dept. conditional loan, its largest ever single investment.

U.S. Energy Dept. did not detail why it withdrew its conditional loan to Texas-based Microvast made last year for a $500M plant in Kentucky, but the firm's founder disputes Congressional allegations of alleged ties to the Chinese government voiced in letters to the agency since last year.