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Buckeye Valley
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CHAMBER OF COMMERCE
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Congratulations KORE Power!
Congratulations to our friends at KORE Power! Support received today will advance the KOREPLex and move us closer to having the domestic battery supply we need meet the demand for EVs and energy storage. We look forward to working together!
Huge news today for KORE Power! KORE is dedicated to helping build a domestic battery supply – to create jobs and meet the growing demand for safe, efficient batteries to make electrification possible. With support from the U.S. Department of Energy, the KOREPlex in Arizona is on track to start delivering product early-‘25!
Today the United States took a big step towards building a domestic supply chain for lithium-ion battery cells! U.S.-based KORE Power has received an $850M loan guarantee from the Department of Energy's Loan Programs Office to support the KOREPlex advanced manufacturing facility in Arizona. Some exciting details:
Phase 1 will be 6GWh annually
1,000+ U.S. workers
Batteries for e-mobility and grid storage
Delivery starting in early-'25
Congratulations to the KORE Power team!
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Buckeye Valley Chamber of Commerce
The purpose of the Buckeye Valley Chamber of Commerce is to provide leadership, support local businesses and build strong partnerships dedicated to promote business, education and community interests of Bucke
