Northvolt to Invest $200 Mn to Establish Europe’s Largest Energy Storage Factory Updated On Mon, Feb 22nd, 2021 by Saurenergy Gdańsk, Poland – Northvolt’s vision of enabling the future of energy takes a new step forward through a $200 million expansion of its battery systems capabilities in Gdańsk, Poland. Entering into production in 2022, a new factory will have an initial annual output of 5 GWh, and potential future capacity of 12 GWh. “Securing battery […] Read more
Both Growth and Evolution Hand in Hand in Lithium Storage Updated On Tue, Aug 25th, 2020 by Saurenergy A report by energy analyst firm Wood Mackenzie’s has predicted a fourfold rise in global lithium-ion cell manufacturing capacity to reach 1.3 terawatt-hour (TWh) in 2030 compared to 2019. The firm has based this estimate on 119 battery manufacturing facilities that are operational, under construction or announced by more than 50 vendors worldwide. The main […] Read more
ABB and Northvolt Partner for Europe’s Largest Battery Factory Updated On Thu, Sep 28th, 2017 by Saurenergy Northvolt will build Europe’s largest and most advanced lithium-ion battery factory in Sweden. Supported by ABB’s industrial automation expertise, the factory will supply European customers in the automotive and key industries with high quality and customizable battery solutions. ABB and Northvolt have signed a Memorandum of Understanding (MOU) for a wide-ranging supply and technology partnership, […] Read more