In the summer of 2023, KORE Power received a conditional commitment for an $850 million loan from the U.S. Department of Energy to help build the company’s massive battery plant in Buckeye.

KORE Power will not move forward with its planned $1 billion lithium-ion battery plant in Buckeye. The company cited restructuring and a focus on long-term success as reasons for abandoning the ...

KORE Power said it plans to use the financing to help with securing materials to build its battery manufacturing plant in Buckeye. Here's who's helping fund the project.

Despite the cancellation of a major battery plant, city officials are moving forward with infrastructure improvements while ...

KORE Power has scrapped plans for its $1 billion lithium-ion battery factory in Buckeye, Arizona, and its CEO and founder has resigned.. Idaho-based KORE Power announced plans to sell the site in ...

Four years ago, a newly formed company was deciding between three states for its lithium-ion battery manufacturing plant with 3,000 jobs. One of those was Arizona. Called KORE Power Inc., the ...

BUCKEYE, AZ — Sometimes closing the door on one opportunity can lead to something better. That's the perspective West Valley economic development leaders have taken following the demise of Idaho ...

KORE Power has sought approval of its site plan from the Buckeye Planning and Zoning Commission. The $1B battery plant could bring 3,000 jobs.

Buckeye’s leaders see KORE Power site as prime opportunity. Feb 22, 2025, 6:30 AM. Share . BY AUDREY JENSEN/PHOENIX BUSINESS JOURNAL. Sometimes closing the door on one opportunity can lead to ...

President Donald Trump's tax and policy bill could slow Arizona's clean energy industry, but companies aren't talking.

The construction of KORE Power‘s EV battery factory in Arizona is now fast-tracked with a US Department of Energy loan for $850 million. The money will go toward paying for the fabrication of ...

KORE Power is expected to be operational by 2025 for a new battery manufacturing plant in Buckeye, as shown above in a new rendering of the project.