Global Infrastructure SherpaFactorial partners with Philenergy for strategic manufacturing of solid-state batteries
manufacturing
Stage
Solstice battery platform
Project
Factorial Inc. and Philenergy signed a memorandum of understanding for a strategic manufacturing collaboration for solid-state batteries.
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Counterparts (3)
Partner
Factorial
Barcelona-based technology company providing AI-powered business management software for HR, payroll, time, talent, finance, and IT processes to over 15,000 companies globally.
P
Philenergy
Philenergy is a Greek renewable energy company specializing in the development, construction, and operation of wind and solar photovoltaic projects. With a portfolio exceeding 1.5 GW, the company focuses on expanding its presence in Greece and internationally, contributing to the energy transition by also exploring hybrid projects and energy storage solutions.
P
Philenergy Co., Ltd.
Seoul-based renewable energy developer and operator specializing in utility-scale solar, wind, and energy storage system (ESS) projects across South Korea. The company provides total solutions from project development to construction and operation, with a track record of over 400 MW in developed capacity.
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Sign up free →Deal Analysis
On 2026-03-03, Factorial Inc. and Philenergy announced a strategic manufacturing partnership for solid-state batteries in South Korea. The undisclosed value deal involves Philenergy, a Greek renewable energy company, and Factorial, a human resources software firm. This partnership targets the storage technology sector.
- Deal announced 2026-03-03.
- Partnership for solid-state battery manufacturing in South Korea.
- Factorial Inc. (HR software) partners with Philenergy (Greek renewable energy).
- Deal value not disclosed.
Source Intelligence
KEY DETAILS
Factorial Inc. and Philenergy signed a memorandum of understanding (MOU) for a strategic manufacturing collaboration. The collaboration aims to scale Factorial's Solstice battery platform using Philenergy's advanced production and supply chain infrastructure.
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Location
South Korea’s Philenergy
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Announcement
03-Mar-2026 12:41 GMT News
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Signing
Factorial Inc., the US-based solid-state battery company, has signed a memorandum of understanding (MOU)
PARTIES MENTIONED IN SOURCE
F
Factorial Inc.
partner
"Factorial Inc., the US-based solid-state battery company"
P
Philenergy
partner
"Philenergy, South Korea's leading battery equipment and infrastructure provider"
high quality
Enriched Mar 7, 2026
Timeline
Announced
Mar 3, 2026
Signed
Mar 3, 2026
Closed
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