Energy storage
economic benefits
Manufacturing Investments across America
In the past two years, 25 manufacturing facilities supporting utility-scale battery storage have been announced, including seven already under construction.
These facilities represent more than $13 billion of private sector investment and 10,000 jobs.
Tesla
Nevada
Tesla will stand up a cell manufacturing facility in Nevada. Cells manufactured will feed into Tesla's megapack product, which is made in Lathrop, CA. Initial capacity is 10 GWh and the facility will likely begin operations in 2025, at the earliest.
Texas
Orion S.A.
Orion S.A hosted a groundbreaking to note the start of construction for its new battery materials plant in La Porte, Texas. The facility has started construction and will manufacture acetylene-based conductive additives for lithium-ion batteries. Conductive additives are also used in high-voltage cables found in wind and solar farms. Production is expected to begin in Q2 2025.
Arizona
LG Energy
LG Energy will invest about $2.3 billion in a facility to manufacture lithium-iron phosphate pouch-type batteries (LFP) for energy-storage systems. Located in Queen Creek, Arizona, the facility is expected to begin delivery in 2026 and is expected to have an annual output of 16 GWh.
Arizona
American Battery Factory
The American Battery Factory would create 1,000 jobs once all phases of the project are completed. The facility would manufacture lithium-iron-phosphate battery cells for home and commercial energy-storage systems. Pima County Board of Supervisors approved the proposal in 2022 and construction is expected to be completed in late 2024. Construction is expected to start in June with completion in late 2024. Factory will have a $3.1 billion economic impact on the county over the next decade.
Georgia
Anovion Technologies
Anovion Technologies, a supplier of premium synthetic graphite anode materials for lithium-ion batteries, will build a new manufacturing facility in Bainbridge. The project will create more than 400 jobs and over $800 million in investment in Decatur County. The facility will produce synthetic graphite for use in batteries that power EVs, electric storage systems, electronics, military applications, and other products.
Georgia
FREYR
FREYR announced the development of the Giga America clean battery manufacturing facility based on the next-generation SemiSolidTM Lithium-Ion Battery Technology platform developed by 24M Technologies Inc (“24M”). The facility will be developed in multiple phases beginning with an initial battery cell production module of approximately 34 GWh at a preliminarily estimated capital investment of $1.7 billion.
South Carolina
Pomega Energy Storage Technologies (Kontrolmatik Technologies)
Pomega Energy Storage Technologies broke ground on its Colleton County, SC facility in February. The facility will require a capital investment of $279 million, create 575 new jobs, and is expected to begin production in mid-to-late 2024. The facility will manufacture lithium-ion battery cells, but will also produce the modules and other elements of the company’s containerized energy storage solutions.
South Carolina
Albemarle Corporation
Albemarle expects the facility to annually produce approximately 50,000 metric tons of battery-grade lithium hydroxide from multiple sources (rock & recycled batteries), with the potential to expand up to 100,000 metric tons.
South Carolina
EnerSys
EnerSys has announced the company will build a 4 GWh lithium-ion cell manufacturing facility in Greenville, South Carolina. The new facility represents a $500 million investment and the potential to create 500 new jobs. EnerSys energy storage products are used in a variety of market segments including stationary storage. Construction is expected to begin in early 2025 with operations slated for late 2027.
North Carolina
Green New Energy Materials
Green New Energy Materials has announced plans to open a lithium-ion battery separator facility in Denver, North Carolina. The company will invest $140 million to stand up the new facility, which is expected to create 545 jobs. Operations are expected to begin in 2025.
Tennessee
Piedmont Lithium
The Tennessee Lithium project, located in Etowah, Tennessee, has a planned production of 30,000 metric tons per year of lithium hydroxide. First production is targeted for 2025.
Tennessee
Microvast Holdings, Inc.
Microvast will build a separator facility capable of supplying 19 gigawatt-hour (GWh) of EV batteries, including their existing 2 GWh battery plant in Clarkesville, TN. Per the press release, the technology can be used for EVs and stationary storage systems. This project was also highlighted by the DOE in their BIL factsheets, and noted total investment at approximately $500 M.
Tennessee
6K Energy
6K Energy’s PlusCAM factory will be the world’s first UniMelt plasma cathode plant, providing low cost, ultra-sustainable production of battery material for localized supply chains in the U.S.
Missouri
ICL
ICL has broken ground on the first lithium iron phosphate (LFP) cathode plant in the US. Total investment in the facility is approximately $400 million, with $197 million attributed to the DOE through the Bipartisan Infrastructure Law. Battery materials manufactured from the plant can be used for energy storage and electric vehicle applications. Once complete, the facility will employ 150 jobs and produce 30,000 metric tons of LFP. Operations are expected to begin in 2025.
Kentucky
EnerVenue
EnerVenue will open a 1 million square foot battery manufacturing facility in Shelby County. The facility is expected to begin operations by late 2024 and will produce the company's metal-hydrogen Energy Storage Vessels. Enervenue is projected to have an annual production of 1 GWh and create 450 jobs in the region.
Michigan
Natron Energy
Natron Energy has opened a new sodium-ion battery manufacturing facility in Holland, Michigan. Through the remainder of 2024, Natron aims to ramp up the facility to nameplate capacity of 600 MW annually. Natron invested over $40 million to convert its previous lithium-ion production lines to support sodium-ion module assembly. While Natron’s batteries will initially serve the data center market, use cases may later extend to utility-scale applications.
West Virginia
Form Energy
Form Energy is an American energy storage technology and manufacturing company that is developing and commercializing an iron-air battery capable of storing electricity for 100 hours at system costs competitive with legacy power plants. The company began construction of its Weirton factory in 2023 and begin manufacturing iron-air battery systems in late 2024 for broad commercialization.
Pennsylvania
EOS Energy Enterprises, Inc.
EOS Energy Enterprises, Inc. has received a $398.6 million loan guarantee from the Department of Energy to establish new production lines for their utility scale bromine battery energy storage systems technology in Turtle Creek, Pennsylvania. Production is expected to begin in 2026 with a production capacity of 8 GWh annually. The new assembly lines should support as many as 650 new operations jobs.
Maryland
ION Storage Systems
ION Storage Systems will construct a new solid-state battery manufacturing facility next to its headquarters in Beltsville, MD. Initial production will be at pilot scale with 1 MWh of battery cells manufactured. Through 2025, production will ramp up to 10 MWh, with nameplate capacity set for 500 MWh in annual production by 2028. Sold-state batteries may serve as an alternative to lithium-ion based batteries in the energy storage market.
New York
Zinc8
Zinc8 Energy Solutions makes a zinc-air battery that can store and discharge energy durations from 4 to 100 hours. The company’s inaugural commercial production facility will be based in Ulster County in New York.
Connecticut
Nanoramic
Nanoramic is the recipient of a $47.5 million award from DOE to set up a new lithium-ion manufacturing facility in Bridgeport, Connecticut. At full capacity, the plant is expected to produce 2 GWh of lithium iron phosphate (LFP) battery electrodes. Grid storage will be an application for LFP battery products produced.
Arizona
KORE Power
The lithium-ion battery manufacturing facilities were unanimously will deliver a $1.25 billion investment in Buckeye, more than 700 construction jobs and 3,000 permanent jobs for Maricopa County when the facility is at full capacity. Vertical construction to begin in 2024.
Driving Investment in American Jobs and Manufacturing
Energy storage deployment is fueling the creation of high quality jobs and billions of dollars of investment in communities across the United States. As energy storage deployment continues to increase and these resources boost reliability and lower costs for consumers, this industry growth is supporting the renewal of American industrial and manufacturing might. Communities across the nation are building the batteries that are powering our electric grid.
Learn more about storage and its
America's thousands of energy storage projects reduce energy costs for consumers and produce revenue and investment for communities across America.
Tax Income & Lease Payments
Today, operating U.S. grid-scale energy storage projects deliver over $580 million each year to local communities in the form of tax revenue and land lease payments.
Public and Private Investment
America's grid-scale energy storage projects represent $21 billion of capital investment.
Energy storage projects currently in the development pipeline represent an additional $34 billion of investment.