Credit: Imperium3 NY, Inc.
iM3NY / Imperium3 NY, Inc., a global consortium of clean energy businesses, has received the funding necessary to allow the high-tech manufacturer to build out its first gigafactory for the research, development and large-scale manufacturing of lithium-ion batteries in Upstate New York.
iM3NY’s funding will allow for capacity to produce over 1 gigawatt-hour (GWh) of high-grade lithium-ion battery cells per year with plans to expand to 32 GWh in the coming years, which will result in significant economic impact on the regional economy. Project activities are underway with production expected to begin in early 2022.
Energy storage, and particularly lithium-ion, will play an increasing role in assisting the energy transition in numerous applications from renewable integration and grid services to facilities and transportation networks.
iM3NY has an exclusive North American technology license agreement with Charge CCCV LLC (C4V), a Binghamton, NY-based R&D company with intellectual property for more eco-friendly lithium-ion batteries. iM3NY’s first-generation batteries will incorporate C4V's patented lithium-ion technology to produce higher capacity, safer, longer cycling, and lower-cost batteries.
Over the past years, Ramboll has partnered with iM3NY to help secure funding and will now deliver a fully integrated solution comprising program management, engineering, process integration, construction, installation, and start up and commissioning support to launch the new gigafactory.
“We’re very proud to be able to support iM3NY in this project, which is aligned with Ramboll’s mission to create sustainable societies. We’re excited to advance our partnership with the iM3NY team to design and build the infrastructure needed to make this advanced manufacturing facility a reality,” says Jack Bell, a Senior Vice President at Ramboll in the Americas.