Alelion Energy Systems
Sweden-based lithium-ion battery firm Alelion Energy Systems has acquired the whole portfolio of Caterva— a German liquidation company specialising in advanced technology for energy storage systems.
Alelion said the deal price amounts to SEK14 million ($1.7m), which corresponds to about 10% of previously invested capital and includes “a patent portfolio related to the optimisation of energy storage”.
Swedish battery manufacturer Alelion Energy Systems has announced plans to build “Sweden’s first large-scale” lithium batteries plant near Gothenburg.
The facility, which is expected to be complete this year, will produce batteries for industrial and other applications near the Volvo manufacturing plant in Torslanda. It will have an initial production capacity of 500MWh per year.