Ford Invests $2 Billion in Battery Storage; US Solar Generation to Surge in 2026-2027
Ford plans to invest $2 billion to establish a battery storage business unit in Kentucky, aiming for 20 GWh annual production by late 2027. The initiative includes repurposing an EV manufacturing facility and producing smaller cells in Michigan. Concurrently, the EIA projects US solar generation will increase by 17% in 2026 and 23% in 2027, as new solar capacity meets growing electricity demand, expected to rise 1.4% in 2026 and 2.5% in 2027.
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Ford is launching a battery storage business unit with a $2 billion investment, repurposing a facility in Glendale, Kentucky, to produce lithium ion phosphate cells, targeting 20 GWh output by late 2027. Additionally, BlueOval Battery Park in Michigan will manufacture smaller cells for residential storage.
Meanwhile, the EIA forecasts a 17% increase in US solar generation in 2026 and 23% in 2027, driven by an anticipated 1.4% growth in electricity demand in 2026. The agency expects 86 GW of new power capacity will be installed in 2026, with solar making up 43.4 GW of that total.
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