Read this article in French German Italian Portuguese Spanish
Battery maker planning US$1.4bn gigafactory in North Carolina, US
20 August 2024
Natron Energy, a US-based manufacturer of sodium-ion batteries, announced its developing a US$1.4-billion giga-scale factory in Edgecombe County, North Carolina, US.
Natron Energy’s 400-plus-acre site for a future battery factory in North Carolina, US. (Image: Natron Energy)
The facility will produce 24 GW of Natron’s sodium-ion batteries annually, which the company said would be a 40x scale-up of its current production capacity. Natron delivers its products to industrial power spaces including data centres, mobility, EV fast-charging, microgrids and telecom.
Wendell Brooks, co-CEO of Natron Energy, said, “Once operational, the Edgecombe County facility will accelerate Natron’s growth trajectory, allowing us to capitalise on the growing demand for efficient, safe and reliable sodium-ion battery energy storage.”
A Natron Energy battery pack. (Image: Natron Energy)
Plans consist of building a nearly 1.2 million sq ft (111,484m2) factory at a 437-acre site near Kingsboro, North Carolina.
It is funded in part by a grant from North Carolina state, which will reimburse Natron up to almost $22 million over a 12-year span.
A start date for construction was not included nor was information regarding potential design or build contracts.
STAY CONNECTED
Receive the information you need when you need it through our world-leading magazines, newsletters and daily briefings.
CONNECT WITH THE TEAM
