KORE Power is a company that specializes in energy storage solutions, particularly in the development and manufacturing of high-quality lithium-ion battery technology.

KORE Power

Northern Reliability

KORE Power, Inc. (KORE) is headquartered in Coeur d’Alene, Idaho, with operations in Waterbury, Vermont, and Buckeye, Arizona. KORE is the leading U.S.-based developer of battery cell technology for the clean energy industry. With clients in energy storage, e-mobility, utility, industrial and mission-critical markets, KORE Power provides the backbone for decarbonization across the globe. As the first U.S.-based, American-owned, and fully integrated provider of cells, batteries, and solutions, KORE is uniquely positioned to serve these markets. Through the construction and operations of its large-scale battery cell manufacturing facility in the U.S., KORE is positioned to operate at 12 GWh per year capacity. The facility (the “KOREPlex”) will operate with net-zero carbon emissions through strategic partnerships and solar and storage co-generation.

KORE Power’s differentiated approach provides customers with direct access, unparalleled service, superior technology, and Tier 1 product availability. Focused on building sustainable communities, clean energy jobs, and green economic expansion, KORE Power is proud to offer a functional solution to real-world problems and fulfill market demand to deliver a zero-carbon future. The KOREPlex is expected to come to Buckeye, Arizona, and be the anchor to the development of the Sustainable Valley by the end of 2024. For more information, visit www.korepower.com. 

Our differentiated approach provides customers with direct access to superior technology and unparalleled service in the renewable energy space. We’re passionate about building resilient, sustainable communities, clean energy jobs, and green economic expansion. KORE is proud to offer functional decarbonization solutions that fulfill the growing market demand for a zero-carbon future. 

US Department of Energy

Honeywell Venture Capital

Siemens Financial Services

Trog Hawley Capital

Nidec Motor Corporation

Quanta Services

The energy transition is booming. KORE Power's cutting-edge clean energy technology and asset management platform continues to to push industry standards forward, allowing commercial businesses and utilities to achieve their clean energy, safety, and reliability targets years ahead of plan. Discover how KORE Power can you reach your goals at korepower.com

Energy storage is rewriting the rules of energy transmission. From cost savings to operational flexibility, SATA offers a non-wires alternative to traditional grid upgrades that continues to be a game-changer for utility providers seeking to enhance grid resiliency and tackle congrestion without massive infrastructure upgrades.

#KOREPower #EnergyStorageSystems 

We were recognized as part of Siemens Financial Services internal Awards ceremony in Munich last week and Jason Thompson, Siemens VP of Equity Finance and KORE Board member, had this to say about the winning collaboration, “With the race for the new manufacturing era and a domestic battery storage market, KORE Power’s cutting-edge lithium-ion battery gigafactory, KOREPlex, is undoubtably a large step into the right direction. Working alongside KORE Power on this investment has been rewarding and it feels great to be honored with an SFS Award in the ‘Siemens Matters’ category. This recognition and project are a testament to our commitment to sustainable transformation, driven by the combination of Siemens smart financing and technology from and Siemens Smart Infrastructure and Siemens Digital Industries”.
 
Pictured left to right, Veronika Bienert, William (Billy) M., Jason Thompson, Andres Rudolf

#KOREPower

2023 has been a superb year for KORE Power, and our team members, customers, and support for the transition to clean energy have been absolutely vital. None of the growth and progress we've seen this year would have been possible without each and every one of you.
Happy Thanksgiving!

KORE Power President, Jay Bellows joined Richard W. Pekala and Dr. Graeme Fraser-Bell of ENTEK International on the Battery + Storage Podcast last week. With guest host Daniel Anziska, the group discussed domestication of the battery supply chain and the impact of the Inflation Reduction Act. Join the conversation, and gain a deeper understanding of recent industry expansions, collaborations, and the future landscape of the battery supply chain in the U.S below.

#KOREPower #BatteryStorage

COM:KOREPOWER

KORE Power

Financials Not Available