Next Generation Battery Creator, Nanotech Energy Breaks Ground on a first factory to open 2023

Nanotech Energy is pleased to announce the construction of its new 100Mwh facility at the Chico Technology Center in Chico, California.

Nanotech, a worldwide leader in the field of graphene-based energy storage products and owner of 42 patents, is the only company in the world capable of producing non-flammable, cost effective lithium-ion batteries. While home to its current R&D center, this new factory will further Nanotech’s ability to bring a much-needed safe battery technology to the market.

During a short program at their ground-breaking ceremony last week, Chico City Council members Dale Bennet and Kasey Reynolds, Chico State University President Gayle Hutchinson, Congressman Doug LaMalfa, and Assemblyman James Gallagher all shared enthusiastic remarks about the expansion. Once the build is complete in 2023, Nanotech will add up to 130 new jobs in its first few years of operation.

Chief Operating Officer, Scott Laine, said at the groundbreaking ceremony “Battery companies globally are racing to create this type of technology by 2030. We are ready to bring it to market now.”

Nanotech’s existing Research and Development Center in Chico opened in 2016. They are also currently building a new 517-acre, multiple building high-volume manufacturing facility in the Tahoe Reno Industrial Center.