Peak Energy Expands Battery Manufacturing Operations in Sacramento County | The Locally Times
The new 89,000 square foot facility is expected to create 280 jobs within the Sacramento region.
On October 24, 2024, Peak Energy officially announced the opening of a new manufacturing facility located at the Metro Air Park in Sacramento County. This industrial site spans 89,000 square feet and serves as the primary hub for the production of sodium-ion battery technology. The company committed to a long-term lease agreement that will support the regional economy through the creation of 280 full-time positions by the end of 2025. The facility is designed to produce 2 gigawatt-hours of battery storage capacity annually once operations reach full scale in 2026. This manufacturing expansion follows a 2023 funding round where the firm secured $41 million to accelerate the commercialization of its energy storage systems. The Metro Air Park location was selected due to its proximity to 1,900 acres of industrial-zoned land and its direct access to major transportation corridors. By utilizing sodium-ion chemistry, the company aims to reduce reliance on lithium-ion supply chains by 40% for its specific grid-scale applications. The 280 new employees will focus on assembly, quality control, and testing protocols required to meet 100% of safety standards set by the National Fire Protection Association. Construction of the interior production lines began on January 15, 2024, and was completed in 9 months. The company plans to increase its total headcount by 15% annually over the next 3 years to support growing demand from utility providers. Local government records indicate that the project received expedited permitting approval on February 12, 2024, to ensure the facility could begin operations before the 2025 fiscal year. The Sacramento Municipal Utility District has entered into a partnership with the manufacturer to integrate 50 megawatt-hours of storage capacity into the local grid by 2027. This collaboration is part of a broader initiative to reach 100% carbon-free electricity by 2030. The facility operates on a 24-hour cycle, utilizing 3 shifts to maximize output efficiency. With the addition of this site, the company now maintains a total of 2 manufacturing locations in the United States. The investment is expected to contribute $12 million in tax revenue to Sacramento County over the next 10 years. Peak Energy remains focused on scaling its production to lower the cost of energy storage by 30% compared to current market averages. The facility is equipped with 500 solar panels on the roof to offset 20% of the building's energy consumption. All logistics operations are managed through the Metro Air Park distribution network, which handles 1,000 shipments per month. The company anticipates that the first commercial units will be shipped to customers by December 1, 2024.