T1 Energy Acquires KORE Power to Enter Battery Storage and Data Center Markets

T1 Energy announced on Wednesday that it will acquire KORE Power, a move that marks the company’s formal entry into the battery energy storage system (BESS) and data center infrastructure markets. The acquisition integrates KORE Power’s existing energy storage technology and manufacturing capabilities into T1 Energy’s current operations.

This strategic expansion allows T1 Energy to provide integrated power solutions for large-scale data centers and grid-scale energy storage projects. By incorporating KORE Power’s assets, T1 Energy gains access to specialized battery hardware and infrastructure components designed to support the increasing power demands of modern digital and utility-scale facilities. The transition combines T1 Energy’s market reach with KORE Power’s technical infrastructure, establishing a new operational framework for the company as it shifts its focus toward the energy storage and data center sectors.

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Date: June 3, 2026

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GOAI