Solid-State vs Sodium-Ion: Who Will Dethrone Lithium-Ion Batteries? Updated On Fri, Apr 11th, 2025 by Saurenergy The rise of renewable energy (RE) and the electric vehicle boom have brought with them increased expectations from the energy storage industry like increased efficiency, considerably high safety, and huge energy densities, and of course preferably at lower costs. Aiming to offer options are Sodium-ion batteries and solid-state batteries. Both have their own sets of […] Read more
Europe’s Big Battery Hope NorthVolt Files for Bankruptcy Formally Updated On Thu, Mar 13th, 2025 by Saurenergy Northvolt, the Sweden based battery maker that many in Europe saw as a future champion, has filed for bankruptcy in Sweden on Wednesday. Northvolt has reportedly raised has raised more than $14 billion, which clearly wasn’t managed too well, as the firm’s bankruptcy filing in the US in November last year demonstrated. “Northvolt has experienced […] Read more
Northvolt Starts Building Germany Battery Gigafactory With 60 GWh Annual Capacity Updated On Tue, Mar 26th, 2024 by Saurenergy Germany-based Northvolt has started the construction of its battery gigafactory Northvolt Drei. The occasion was joined by Federal Chancellor Olaf Scholz, Vice Chancellor Robert Habeck, and Minister-President of Schleswig-Holstein Daniel Günther, together with Northvolt CEO and Co-Founder Peter Carlsson and Northvolt Drei CEO Christofer Haux, who started piling machinery at the industrial site outside the […] Read more
Volvo Signs Up 1 GW Offshore Wind Project to Power Ops in Sweden Updated On Wed, Oct 18th, 2023 by Saurenergy Sweden-based renewable energy developer Eolus Vind AB has entered into an agreement with Volvo Car AB, under which, Eolus will supply energy to the carmaker from its 1 GW Vastvind offshore wind project. The plant, located off the coast of Gothenburg, will power Volvo’s Torslanda factory in western Sweden. The said project includes a battery […] Read more
Li-ion Battery-Maker NorthVolt Aims to Build World’s Greenest Battery Cell Updated On Wed, Dec 21st, 2022 by Saurenergy Northvolt is a Sweden-based startup which develops sustainable lithium-ion batteries in conjunction with R&D, industrialisation, and recycling to support clean energy. The Li-ion battery maker was founded in 2016, with a mission to build the greenest battery in the world. The firm provides electrification and renewable energy storage designed for lithium-ion battery plants to produce […] Read more
Swedish Battery Materials Firm Altris AB Appoints Martin Anderlind as CEO Updated On Thu, Sep 1st, 2022 by Saurenergy Leading sodium-ion technology company in Sweden, Altris AB has announced the appointment of Martin Anderlind as Chief Executive Officer, effective as of 1 September 2022. Anderlind joins Altris from Northvolt, where he most recently held the position of Chief Talent Officer. “We are extremely excited to welcome on board Martin Anderlind as the new CEO […] Read more
Setting Up a Battery Manufacturing Plant: The Factors That Matter Updated On Thu, Aug 4th, 2022 by Saurenergy Battery manufacturing is one of the fastest-growing industries worldwide. A decade ago, consumers used batteries for their laptops, phones and other gadgets. Today, these energy storage devices are powering cars, medical equipment and even houses. New plants for battery production are popping up as a result. But in this realm of a gradual shift towards […] Read more
REC Group gets EU grant for solar factory in France Updated On Fri, Jul 15th, 2022 by Saurenergy REC Solar has declared the award of a grant from the European Union for the construction of a 2 GW heterojunction (HJT) module factory in France. India’s Reliance Industries bought REC Solar in 2021. The company held previously that 2 GW per year of HJT modules that will be manufactured by it will have a […] Read more
Northvolt Raises $1.1 Billion To Roll Out Battery Factory In Europe Updated On Thu, Jul 7th, 2022 by Saurenergy Swedish battery manufacturer Northvolt has shared signing a $1.1 billion convertible note towards financing the expansion of battery cell and cathode material production in Europe. The decision has been taken to complement the increasing demand for batteries. Investors that lent participation in the capital raise included AMF, AP funds 1-4, ATP, Ava Investors, Baillie Gifford, […] Read more
