What is the latest status of the project “KOREPlex Battery Plant”?

The status recorded for “KOREPlex Battery Plant” is Cancelled.

What is the budget and commercial profile for the project “KOREPlex Battery Plant”?

Taiyo normalizes the budget of “KOREPlex Battery Plant” to USD 1000000000.

Where can I verify the source and access all details for “KOREPlex Battery Plant”?

This Taiyo project page references The Arizona Republic along with the original URL (https://www.azcentral.com/story/news/local/southwest-valley/2025/02/01/kore-power-walks-away-from-planned-battery-plant-in-buckeye/78109127007/). Taiyo standardizes official data into a consistent, searchable project profile.

KOREPlex Battery Plant

Sector: Power Generation (CCGT) • Location: Buckeye, Arizona, United States

Source: The Arizona Republic

Project

Cancelled

KORE Power has abandoned its plans for a $1 billion lithium-ion battery plant in Buckeye, Arizona, which was expected to create 3,000 jobs. The company cited restructuring and a focus on long-term success as reasons for this decision.

Status: Failure
Sector: Power Generation (CCGT), Commercial, Manufacturing (Industrial), Energy Storage
Location: Buckeye, Arizona, United States of America
Updated: 22 Jul 2026
Source: The Arizona Republic

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Project Information

4 Q

The project “KOREPlex Battery Plant” is an infrastructure initiative in the Power Generation (CCGT) sector, located in Buckeye, Arizona, United States. Taiyo aggregates data on it from The Arizona Republic.

Participants

Not available for this record.

Status

Original status	Cancelled
Taiyo status	Failure
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	KORE Power has abandoned its plans for a $1 billion lithium-ion battery plant in Buckeye, Arizona, which was expected to create 3,000 jobs. The company cited restructuring and a focus on long-term success as reasons for this decision.
Original sector	Energy
Budget

Location

Country	United States of America (USA)
State	Arizona
City	Buckeye

Source

Source	The Arizona Republic
URL

More Details

Record type	Project
Sector	Power Generation (CCGT), Commercial, Manufacturing (Industrial), Energy Storage
Article published date	2025-02-14

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KOREPlex Battery Plant

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