Company announces nearly $712 million project in Kentucky to make batteries used to store energy

An up-and-down forecast in store over the next seven daysMake household chores easier and more with these Insider DealsKentucky Governor Andy Beshear, joined by local and executives with Shelbyville Battery Manufacturing a $712 million battery manufacturing project in Shelbyville, Ky., creating 1,572 skilled, high-tech jobs at the Governor's Mansion in Frankfort, Ky., Friday, Nov. 15, 2024.

Kentucky Governor Andy Beshear, right, listens, as Dr. Shawn Qu, Chairman and CEO of Canadian Solar speaks discusses the announcement by Shelbyville Battery Manufacturing of a $712 million battery manufacturing project in Shelbyville, Ky., creating 1,572 skilled, high-tech jobs at the Governor's Mansion in Frankfort, Ky., Friday, Nov. 15, 2024.

Kentucky Governor Andy Beshear listens as Colin Parkin, President of e-Storage, speaks during the announcement of a $712 million project in Shelbyville, Ky., creating 1,572 skilled, high-tech jobs at the Governor's Mansion in Frankfort, Ky., Friday, Nov. 15, 2024. Kentucky Governor Andy Beshear, joined by local and executives with Shelbyville Battery Manufacturing a $712 million battery manufacturing project in Shelbyville, Ky.

“Energy storage is a crucial part of the new and evolving electricity grid," said Shawn Qu, chairman and CEO of Canadian Solar."Battery cells are the heart of a utility-scale energy storage system. This project will put Kentucky at the center of the effort to build a robust and secure electricity grid for this country.”

The battery factory will be the largest economic development project in Shelby County's history and ranks as the third-largest jobs project announced during Beshear's nearly five-year tenure as governor.

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