An Australia-based battery tech company is planting roots in Orange County, leasing its first U.S. location in Rancho Santa Margarita.
EVO Power USA Inc., a battery energy storage company based in Australia, signed a 15,070-square-foot industrial lease at 30452 Esperanza. Terms of the lease were not disclosed.
“After searching locations in several other Western states for our first U.S. location, we chose the Orange County area because of the area’s growth in renewable energy as well as the access to premier labor in this specialty,” said Jamie Allen, Group chief executive of EVO Power.
JLL, which represented the company in the lease, said EVO Power will use its US headquarters for design engineering, assembly, testing and distribution of its battery energy storage systems or BESS.
The landlord, Fauna 43 LLC, was represented by Lee & Associates.
“As growth from e-commerce companies in Orange County slows slightly, we are seeing increased interest for industrial space from renewable energy companies especially as the federal government has been extending subsidies to manufacturers of clean energy technologies in the U.S. under the Inflation Reduction Act,” said Kris Smith, a vice president at JLL.
EVO’s products work with various solar and grid support applications, the company’s website states.
In other battery tech news related to Orange County, Enevate in Irvine said it was partnering with a South Korean battery maker to develop a manufacturing facility somewhere in the United States. The company, which is developing fast charging and “high energy density” battery tech for electric vehicles, and South Korea’s JR Energy Solution in late July said they would develop a battery cell electrode facility.
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