Leading the Transition
KORE Power CEO, Lindsay Gorrill’s Approach to Ethical Leadership and The Coming Year in Renewable Energy
“It takes a global vision and mission to do better. Our collective future depends on our ability to change the current climate trajectory.” This is the CEO of KORE Power, a leading developer of lithium-ion battery for energy storage, Lindsay Gorrill. Mr. Gorrill is not new to leading teams towards victory, but this time around, it is about more than just profit and success. This time, it is about deciding to actively participate in the transition to a greener and sustainable future.
Industries worldwide are calling for ethical leadership and conscious decision making. In the last election cycle, we saw this as many Americans looked to their leaders to make the right decisions and implement policies that will develop clean energy infrastructure, economic incentives, and green jobs. Leaders like Mr. Gorrill are working to strengthen their goals within the transition to clean energy. "We all have a part to play in securing the future for generations to come. At KORE Power, we focus on supplying advanced lithium-ion battery cells for energy storage and electric vehicles, working with policymakers and partners to ensure we are doing the best work, efficiently and sustainably, and ultimately constructing our U.S. manufacturing facility. Every business decision we make is done with the energy transition at the forefront."
KORE Power is unique in its space, given its ownership of IP for their lithium-ion cells and battery management systems. "Unlike many, we own the intellectual property and production processes that enable us to control our supply chain, manage lead times to the market, and most importantly; meet the rapidly growing demand. Many top energy storage and electric vehicle companies are at the whims of the large battery cell manufacturers' capacities. This is a facet of our industry that we intend to change as we work to close the demand gap.”
In 2021, we will continue to see companies implement net-zero targets, creating strong demand for renewables. According to Wood Mackenzie in their December Energy Storage Update, “The U.S. energy storage market is set to grow from 1.2 GW in 2020 to nearly 7.5 GW in 2025”. A portion of this growth can be attributed to the new Biden-Harris administration’s call for a rapid clean energy revolution. “We are looking forward to the growing support in the United States by the government and both the private and public sectors. The widespread buy-in will be crucial to a successful transition and meeting the aggressive net-zero goals being established throughout the nation.”
This will be a record-breaking year in energy storage, and KORE Power is ready to take a leading role in powering the transition to clean energy.
[1] Wood Mackenzie is a top-rated industry research group that release quarterly energy storage monitors for the United States market. Wood Mackenzie. U.S. Energy Storage Monitor. Q4 2020 full report. 2020.
About KORE Power:
KORE is a leading U.S.-based developer of battery cell technology and integrated solution manufacturer for the energy storage and e-mobility sectors. With clients in energy storage, e-mobility, utility, industrial and defense markets, KORE provides battery products and solutions that are the backbone for decarbonization across the globe. KORE is uniquely positioned to serve these markets as an integrated provider of cells, batteries, and solutions. Commercial production at the KOREPlex is targeted for 2025. The KOREPlex will have an initial annual production capacity of 6 GWh of battery cells, which may be expanded to 12 GWh to meet market demand. KORE is headquartered in Coeur d’Alene, Idaho, with operations in Waterbury, Vermont, and Buckeye, Arizona.