Governor Newsom Visits Moxion Power as Company Announces Energy Storage Gigafactory in Richmond, CA

-The brand new Moxion facility will create 800 native manufacturing jobs and produce roughly 10,000 cell power storage merchandise per yr, representing over 7GWh of battery capability. -Moxion merchandise provide a 100% energy resolution to industries which have traditionally relied on fossil-fuel-burning turbines for short-term energy.

In the present day, Governor Gavin Newsom joined Moxion Energy, a California-based producer of unpolluted, cell power storage expertise, to unveil its new state-of-the-art gigafactory at historic Ford Level in Richmond, California.

Situated subsequent to the present Moxion manufacturing facility on the Ford Level Meeting Plant, close to Rosie the Riveter/WWII House Entrance Nationwide Park, the brand new 205,000 sq. foot facility is without doubt one of the largest power storage manufacturing services in United States, with greater than seven. gigawatt hours of annual battery manufacturing capability.

Moxion’s second manufacturing facility will carry a whole bunch of native manufacturing jobs to the group and construct on Richmond’s legacy and management in power, manufacturing, and expertise. The mission was carried out at Terminal 3, an underutilized port terminal at The Port of Richmond, the third largest deepwater port by quantity within the state. As manufacturing ramps up from this second manufacturing facility, Moxion plans to develop its crew from 250 to greater than 1,000 staff, together with a whole bunch of engineers and manufacturing professionals.

Governor Newsom joined Moxion to launch California’s clear power roadmap, known as “Constructing the Electrical energy Grid of the Future: California’s Clear Vitality Transition Plan,” a complete set of insurance policies geared toward obtain the state’s bold clear power and local weather targets and encourage important funding and job creation within the state from corporations like Moxion Energy.

“California is the #1 manufacturing state in America. The long run occurs right here first, and we have to speed up our transition. We will obtain reliability by means of creativity, by means of entrepreneurial spirit, by means of creativity, and never solely by means of inspiration however desperation,” stated the Governor. Gavin Newsom. “From the ashes of the wildfire, this concept was created. To create an concept, put pen to paper, get capital, get staff skilled and operational, manufacturing in a group that has been broken by the fossil gasoline trade. earlier than, however now with the recent air of progress, you might be marking the framework of the long run. That is an American story. It is a California-made story.”

“We’re very grateful to face with Governor Newsom and announce our new gigafactory in Richmond, California,” stated Paul Huelskamp, ​​CEO of Moxion Energy. “This facility will increase our manufacturing capability to supply extra prospects with our cutting-edge cell power storage methods, that are designed, engineered, and manufactured proper right here in a metropolis wealthy in manufacturing historical past. Moxion is proud to help Governor Newsom and the state of California in shifting our financial system towards a stronger and extra sustainable future.”

Moxion’s cell batteries provide a one hundred pc electrical energy resolution to industries which have traditionally relied on turbines for short-term energy, together with building, movie, stay occasions, catastrophe response, utilities, and protection. . Moxion power storage methods are cell, silent, don’t have any direct emissions, and will be charged with renewable power, making them a cleaner and extra sustainable resolution than present generator expertise.

Moxion’s services and products, which allow the decarbonization of a number of the state’s largest industries, mixed with its dedication to native manufacturing, make Moxion a robust associate for the state of California, which units bold targets for lowering greenhouse gasoline emissions and transitioning the financial system away from the fossil gasoline trade. The corporate lately delivered the primary of 600 cell energy methods below a multi-million greenback cope with Sunbelt Leases, with the California Air Assets Board’s CORE program taking part in a serious function in encouraging adoption. Moxion has additionally partnered with Amazon Studios, primarily based in Culver Metropolis, CA, to assist decarbonize the tv and movie trade.

Moxion benefited from a number of tax credit score applications created by the Inflation Discount Act (IRA) final yr and noticed nice demand from prospects who acknowledged inefficiencies, elevated prices, and important adverse impacts. within the nature of burning fossil fuels in turbines to provide short-term energy. Moxion is happy to scale manufacturing capabilities within the State of California to proceed driving the clear power transition.

About Moxion Energy Co.
Moxion Energy designs, engineers, and manufactures cell power storage merchandise and applied sciences, enabling and accelerating the electrification of industries similar to building, transportation, utilities, stay occasions, movie manufacturing, and protection. . So far, Moxion has raised greater than $110m from buyers together with the Amazon Local weather Pledge Fund, the Microsoft Local weather Innovation Fund, Enterprise Holdings, Marubeni Ventures, Vitality Affect Companions, and Tamarack International. To study extra, please go to www.moxionpower.com.