A Coeur d’Alene company is developing battery storage technology similar to that of Tesla Inc., which could lead to a manufacturing facility being sited in the state with up to 2,000 jobs.
The company, KORE Power, produces lithium ion batteries using a similar technology to batteries today, but with higher density and less cost, said CEO Lindsay Gorrill. Unlike Tesla – which built a 1.9 million square foot “Gigafactory” in Sparks, Nevada, to produce batteries – KORE produces its own cells. The cells can be used in a variety of products, ranging from an electric bicycle to the massive storage a utility company would use, he said.
Based in Coeur d’Alene, Idaho, KORE Power is a leading developer of high-density, high-voltage energy storage solutions for global utility, industrial and mission-critical markets.
KORE Power designs and manufactures the industry-leading, 1500V Mark 1 Energy Storage System. Developed to lower installation and operation costs with higher efficiency, the Mark 1 includes proprietary NMC cells and modules, with innovative safety features, managed and optimized by the Mark 1 BMS.
KORE Power serves the growing demand for applications such as replacing fossil fuel peaker plants, wind and solar plus storage projects, Microgrid optimization, behind-the-meter C&I, E-Mobility, mining energy solutions and the Military.