T1 Energy to Acquire KORE Power in $32 Million Battery Storage Deal

The transaction is expected to expand T1 Energy’s reach into battery storage and artificial intelligence data center infrastructure markets

June 4, 2026

/ Renu
/ Energy Storage, Finance and M&A, Other
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T1 Energy, a solar and battery manufacturing company, has entered into a definitive agreement to acquire KORE Power, a battery energy storage systems manufacturer, for approximately $32 million.

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Renu

More articles from Renu.
Corporate AcquisitionEnergy StorageKORE PowerT1 EnergyU.S.
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