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US battery manufacturer Statevolt is set to establish a USD 3.2 bn battery cell gigafactory in Ras Al Khaimah, according to a statement. The factory, spanning 60 hectares in the Ras Al Khaimah Economic Zone, will begin production with semi-solid state battery cells, and later transition to solid state technology as it reaches peak capacity. Construction will begin upon permit approval, with Statevolt targeting first-line production by the end of 2026.
More on the project: The factory will target key export markets in Africa, India, the UAE, and the Middle East where energy storage solutions are crucial for grid stability, renewable energy integration, and energy efficiency to reach renewable energy goals. The annual production capacity is estimated to be 40GWh once fully operational.
About Statevolt: Established in 2021, Statevolt is building a battery factory in California that can adapt to different battery technologies and working with industry leaders and local communities to implement a modular and scalable approach to battery cell production, according to their website.
A lot of battery action for UAE: Schneider Electric signed an MoU with the UAE’s energy storage system manufacturer Volts to establish a battery energy storage systems (BESS) industrial facility in Abu Dhabi last December. The UAE’s first battery recycling plant Dubatt was also inaugurated in Dubai Industrial City in February. Emirates Water and Electricity Company (Ewec) invited developers to submit an Expression of Interest (EOI) for the development of a 400 MW Battery Energy Storage System (BESS) power project last month.
