Stryten Energy Unveils Plan to Add 10 Gigawatts of New U.S. Energy Storage Manufacturing Capacity
Largo Inc. - Common Shares (LGO)
Company Research
Source: Business Wire
The expansion will increase the domestic supply of batteries for military, long-duration energy storage, transportation and material-handling applications ALPHARETTA, Ga.--(BUSINESS WIRE)--Stryten Energy LLC, a U.S.-based energy storage solutions provider, today announced a new plan expected to expand its domestic manufacturing capacity to 24 Gigawatts to support American energy security and resilience. The plan focuses on increasing production across its 11 U.S. manufacturing and battery component plants, where more than 2,500 people produce batteries for multiple applications, including military and government, data centers, grid storage, automotive and material handling. This new investment is supported by existing advanced manufacturing production tax credits, which contribute to the ability of the company to accelerate capacity growth while supporting the domestic industrial base.This press release features multimedia. View the full release here: https://www.businesswire.com/n
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