One of the world’s largest lithium-ion battery cell gigafactories set for Geelong

by Sophie Berrill
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Recharge Industries has engaged Accenture as its engineering provider to move forward on building what it is calling “one of the world’s largest gigafactories” in Australia.  

Originally coined by Tesla founder Elon Musk, the term ‘gigafactory’ refers to a facility that produces lithium-ion batteries for electric vehicles, energy storage and other battery-powered devices on a large scale.

Recharge Industries’ gigafactory is set to be built in the second half of 2023 in Geelong, Victoria – a former automotive manufacturing hub, which was once home to the likes of Ford.

The New York and Geelong-based company aims to produce batteries equal to 2 gigawatt hour (GWh) annually in the second half of 2024 and 6 GWh by 2026. At full capacity, the facility will generate up to 30 GWh of storage capacity per year for electric vehicles and stationary energy storage markets. 

Recharge Industries and Accenture are now moving the project into the detailed engineering phase, which will lay the foundation for the facility’s construction.

CEO of Recharge Industries, Rob Fitzpatrick, explains: “Establishing a sovereign manufacturing capability to produce state-of-the-art lithium-ion battery cells is critical to Australia’s renewable energy economy – meeting national demand, generating export income and securing supply chains.”

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