KORE Power never received federal loan. Now it scrubbed its $1B battery plant in Buckeye
An $850 million loan from the energy department to support KORE Power's battery plant in Buckeye never came. The company has ...
Construction Dive17h
Kore Power nixes plans for $1.25B battery plant in Arizona
The company reportedly never received taxpayer funds to move forward with the project, and leadership changes are underway.
Business Wire24d
Energy Vault and NuCube Energy Form Strategic Partnership to Power AI Data Centers with Nuclear Microreactors, Offering Flexible Baseload, Energy Storage and Grid Services ...
Energy Vault’s innovative technology portfolio delivers customized short-and-long-duration energy storage solutions to help utilities, independent power producers, and large industrial energy ...
USA Today6d
KORE Power abandons planned $1B battery plant in Buckeye, cites 'restructuring'
KORE Power will not move forward with its planned ... In 2023, the company secured an $850 million loan from the U.S. Department of Energy under the Biden administration after a two-year ...