Battery maker Kore Power is a step closer this week to opening its US lithium-ion gigafactory.
Idaho-headquartered Kore has narrowed the site for its 12GWh plant down to either Arizona, Florida or Texas.
The company plans to announce the site this summer.
The decision comes just under two years after Kore first announced it would build a gigafactory in the US.
The planned one-million square-foot manufacturing facility will support up to 12GWh of battery cell production for the US’ lithium-ion battery supply chain for grid and electric vehicle applications.
Kore’s executive team is looking at the quantitative monetary analysis of each location, as well as an in-depth qualitative evaluation of each state, region, and specific site before making a final decision.
The three sites were chosen for their energy storage, manufacturing and electric transportation opportunities.
Other factors for selecting these states include:
• Proximity to continental transportation arterials and international deep-water ports
• World-leading clean energy utilities
• Friendly tax, regulatory and strong pro-business environment
• Established complimentary industries such as e-mobility, solar and semiconductor
• State and Local economic development incentivisation programs
• Available workforce capacity
• Local community support, cooperation, and commitment
The project will operate with net-zero carbon emissions through strategic partnerships and solar-plus- and storage co-generation.