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DEMS0000118

Project Grant

Overview

Grant Description
Bipartisan Infrastructure Law (BIL) - Forge Battery’s 3GWh commercial deployment of advanced lithium-ion battery production facility with domestic supply chain.

The objective of this project is to develop a 277,000 sq/ft facility, to produce high-capacity lithium-ion 21700 cylindrical cells at 3GWh/yr production rates.

The project objectives include building a production facility, scaling up our Atomic Armor technology to create competitive pricing across specialty markets, creating permanent jobs and delivering a community benefits plan with a robust workforce development and scholarship program.
Awardee
Funding Goals
CONSISTENT WITH THE GOALS OF THE BIPARTISAN INFRASTRUCTURE LAW SECTIONS 40207(B) AND 40207(C) THIS ANNOUNCEMENT INTENDS TO FUND PROJECTS THAT PROMOTE THE USE OF MORE CLEAN ENERGY, CREATE NEW, GOOD-PAYING JOBS AND LOWER COSTS FOR AMERICAN FAMILIES AND WORKERS BY GUIDING THE NATION TOWARDS A 100% CARBON POLLUTION-FREE ELECTRICITY SECTOR BY 2035 AND NET-ZERO ECONOMY BY 2050.
Place of Performance
Morrisville, North Carolina 27560-8675 United States
Geographic Scope
Single Zip Code
Forge Battery was awarded BIL: Forge Battery's 3GWh Lithium-Ion Facility Project Grant DEMS0000118 worth $100,000,000 from the Department of Energy in January 2025 with work to be completed primarily in Morrisville North Carolina United States. The grant has a duration of 8 months and was awarded through assistance program 81.253 Manufacturing and Energy Supply Chain Demonstrations and Commercial Applications. $140,327,444 (58.0%) of this Project Grant was funded by non-federal sources. The Project Grant was awarded through grant opportunity Bipartisan Infrastructure Law (BIL) Battery Materials Processing and Battery Manufacturing.

Status
(Ongoing)

Last Modified 6/3/25

Period of Performance
1/1/25
Start Date
9/30/25
End Date
86.0% Complete

Funding Split
$100.0M
Federal Obligation
$140.3M
Non-Federal Obligation
$240.3M
Total Obligated
42.0% Federal Funding
58.0% Non-Federal Funding

Activity Timeline

Interactive chart of timeline of amendments to DEMS0000118

Transaction History

Modifications to DEMS0000118

Additional Detail

Award ID FAIN
DEMS0000118
SAI Number
None
Award ID URI
SAI EXEMPT
Awardee Classifications
For-Profit Organization (Other Than Small Business)
Awarding Office
892433 NATIONAL ENERGY TECHNOLOGY LABORATORY
Funding Office
892412 OFFICE OF MANUFACTURING AND ENERGY SUPPLY CHAINS (MESC)
Awardee UEI
MG1WAT32TX55
Awardee CAGE
9Q667
Performance District
NC-04
Senators
Thom Tillis
Ted Budd
Modified: 6/3/25