Ambrosia Energy Announces Construction of a 10 GWh Battery Factory in Texas
Ambrosia Energy has started construction on a 10 gigawatt-hour battery factory near Austin, Texas. The facility will occupy 150,000 square feet and is expected to reach full production within two to three years. CEO Ben Longmier stated the plant can produce about 300 megawatts of power annually for off-grid data centers. The company plans its first commercial power plant in West Texas later this year, combining solar panels with battery storage to provide continuous energy supply at a target cost of $100 per megawatt-hour. Ambrosia aims to compete with natural gas turbines by offering reliable and lower-cost renewable solutions for hyperscalers. Ambrosia has optimized its manufacturing process by reducing component complexity and producing parts in-house, achieving significantly lower costs compared to traditional stationary storage systems.
Tickers: $SPCE
Topics: battery storage data center power solutions renewable energy startup expansion