SolBank 3.0 from e-STORAGE
e-STORAGE will invest $712 million into the facility, creating 1,500 jobs. The site will produce lithium-iron phosphate (LFP) solutions for non-residential use. The facility also features an on-site R&D lab. Production should begin in late 2025, with full-scale operations expected by early 2026.
“We are proud to be a part of the growing energy technology transformation across the U.S., and we are thrilled to announce our investment in a new, state-of-the-art industrial battery cell, module, and packaging plant in Shelbyville, Kentucky that will employ over 1,500 Kentuckians,” said Colin Parkin, president of e-STORAGE.