The project, situated in the city's Metro Air Park, marks a strategic shift toward domestic production of passively cooled energy storage. By eliminating the need for traditional battery refrigeration, the company expects to cut storage costs by 20% and maintain 99% uptime. Production is scheduled to commence in the first quarter of 2027, bolstered by a $10.5 million CalCompetes tax credit awarded earlier this year.

Peak Energy selected the location after a nationwide search, citing the region’s specialized manufacturing talent and proximity to California’s robust energy market. Beyond the immediate job creation, the facility is expected to stimulate the local economy through partnerships with regional suppliers and logistics providers. The company has already secured over 6 GWh in customer commitments, including agreements with Jupiter Power, Energy Vault, and RWE Americas, alongside a strategic partnership with General Motors to integrate next-generation cell technology.