On October 8, 2025, Singapore-based Durapower Group and Turkish industrial group Kıvanç Enerji signed a Memorandum of Understanding in Detroit to explore a joint venture for battery cell and pack manufacturing in Turkey, aimed at supplying the U.S. market and strengthening clean energy adoption and supply chain resilience.
“Durapower is proud to partner with Kıvanç, establishing the foundation for a strategic battery manufacturing hub to serve the US and the Americas. By uniting over 15 years of Durapower’s cell and pack expertise with Kıvanç’s strong industrial capabilities, this collaboration underscores our shared commitment to driving lithium-ion battery adoption through innovation, scale, and global partnership,” said Sanjay Bakshi, Senior Group Director for the Americas Market, Durapower.
The partnership targets the significant rise in U.S. electric vehicle battery demand, which the International Energy Agency projects will grow from 116 GWh in 2024 to more than 280 GWh by 2030.
The initial phase includes planning a gigawatt-scale production facility focused on lithium manganese iron phosphate (LMFP) and nickel manganese cobalt oxide (NMC) chemistries. Capacity will expand in stages to align with regional demand for energy storage and commercial mobility applications. Pending favorable market conditions, the partners will also consider establishing a U.S. manufacturing site in the long term.
“This strategic partnership enables us to integrate Durapower’s battery systems with Kıvanç’s solar modules to deliver comprehensive renewable energy solutions for institutional and commercial markets, including distributed generation projects. We will also explore direct-to-utility bidding and PPA-based deployment opportunities. Given Kıvanç’s active role in the Balkans as a renewable energy investor, this collaboration is expected to extend into those markets as well,” said Nizamettin Derbil, Deputy General Manager, Kıvanç Enerji.
By leveraging each company’s strengths, this alliance aims to create a diversified and sustainable supply chain that supports the global transition to clean energy.
Source: PR Newswire
