The company will leverage a $21.3m federal stimulus grant from the US Department of Energy for the development of the plant, which is expected to create 35 new jobs when fully operational in addition to an estimated 50 construction jobs.
EnerG2 will collaborate with Albany-based Oregon Freeze Dry in designing and constructing the manufacturing plant, which will be used for the production and mass customization of electrode materials that enhance energy and power density in ultra-capacitors.
The company expects to deliver electrode material for ultra-capacitors that will be suitable for use by the automotive industry for hybrid electric vehicles, by electronics manufacturers for enhancing the life and usability of consumer goods, and by industrial customers to improve energy efficiency.
Rick Luebbe, CEO of EnerG2, said: “It’s extremely gratifying to see the US Department of Energy funds supporting new energy-focused materials production and it’s a clear reflection of EnerG2’s ability to address the specific needs of energy storage customers and tailor our products for their unique applications.”
