Natron plans $1.4 bln sodium-ion battery plant in North Carolina
August 15, 2024
Natron Energy said on Thursday it planned to invest $1.4 billion in a sodium-ion battery manufacturing plant in North Carolina, potentially raising the company’s production capacity by 40 times.
The facility, located in Edgecombe County of the state, will produce 24 gigawatts (GW) of battery storage at full capacity on an annual basis.
This compares with the company’s current capacity of producing 600 megawatts (MW) of sodium-ion battery storage annually at its Holland, Michigan facility.
