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December 2024

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Saft Gears up for Li-ion Battery Production



Saft, a subsidiary of TotalEnergies, has commissioned a new line at its Jacksonville factory in Florida to produce the lithium-ion (Li-ion) battery containers that form the heart of energy storage systems (ESS). This investment enables Saft to address the booming U.S. demand for ESS projects by offering a solution with domestic content. It will also create new job opportunities, both direct and indirect, as well as strengthening the national supply chain.

"Currently, we are successful in serving the U.S. market using battery containers produced by our global factories overseas," said Hervé Amossé, Saft EVP for Energy Storage Systems. "Now, our strategy to expand Jacksonville's capacity to reach more than 5 GWh in 2027 will enhance its capability to provide a faster response to serve U.S. customers and reduce our environmental footprint. At the same time, this will also incrementally increase local content by building up our U.S.-based supply chains. Saft will reach the Inflation Reduction Act 2022 requirements with its 5.1 MWh containers by 2026."

Energy storage makes a vital contribution to the decarbonization of the energy mix as an integral element of renewable energy installations, microgrids and grid stability projects. According to Bloomberg, the U.S. is the second largest and most mature ESS market in the world, with 2023 being a record year that saw 22 GWh of capacity deployed. The U.S. market is expected to reach a cumulative 134 GW and 484 GWh in 2030.

For more information contact:

Saft

13575 Waterworks St.

Jacksonville, FL 32221

904-861-1501

www.saftbatteries.com

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