If you need to know about batteries; you’ve come to the right place
Chinese flag点击这里访问我们的中文网站Chinese flag

Northvolt

Northvolt invests $200 million to build lithium-ion Gigafactory in Poland

Thu, 03/04/2021 - 10:27 -- Vic
Peter Carlsson, CEO Northvolt

Swedish battery developer and manufacturer Northvolt has laid out plans to build a new 50,000m2 factory in Gdańsk, Poland. 

Following their start up of a battery systems industrialisation plant in Gdańsk in 2019, Northvolt aim to deliver a project that will facilitate expansion in the manufacturing capacity of the sustainable battery solutions.

The initial phase of construction will begin in autumn, with commisioning due next year.

The first phase aims to establish an annual output of 5GWh of module packs. The second phase will potentially ramp it up to 12GWh.

The project will create 500 new jobs in the Gdańsk area across the factory expansion and an engineering R&D centre of excellence.

The new factory will receive its supply of lithium-ion cells from Northvolt Ett in Skellefteå, Sweden. In keeping with the Swedish platform, the new factory will be powered with renewable energy, including onsite renewable energy generation.

Peter Carlsson, co-founder and CEO of Northvolt, said: “Securing battery cell manufacturing capacity in Europe is key for its industrial future, but what is equally critical is the industrial capacity for integrating cells into real-world solutions. It is this that the new factory will deliver— sophisticated, sustainable energy storage systems to support the transformation of Europe’s electricity grid and its industry.”

Sign-up to our FREE weekly industry newsletter, to get the weeks news delivered to your inbox every Monday.

Northvolt secures almost $2billion to continue goal of building Europe’s first ‘home-grown’ lithium-ion gigafactory

Fri, 08/14/2020 - 10:44 -- Paul Crompton

The European Investment Bank (EIB) has signed a $350 million loan agreement to support Northvolt’s hopes of Europe’s first home-grown lithium-ion battery gigafactory.

The funding follows the EIB supporting the demonstration line at Northvolt Labs in 2018, which produced its first battery cells in late 2019.

Sign-up to our FREE weekly industry newsletter, to get the weeks news delivered to your inbox every Monday.

Hydro and Northvolt launch joint venture to enable EV battery recycling in Norway

Thu, 06/04/2020 - 11:47 -- Paul Crompton

Norwegian firm Hydro and Swedish company Northvolt have established a 50/50 joint venture to enable recycling of battery materials and aluminum from used electric vehicle battery packs. 

Through Hydro Volt AS, the companies plan to build a battery recycling plant in Fredrikstad, Norway, with production expected to start next year. 

Sign-up to our FREE weekly industry newsletter, to get the weeks news delivered to your inbox every Monday.

Gigafactory firm Northvolt to deploy lithium-ion ESS to charge electric vehicles

Fri, 11/29/2019 - 09:41 -- Paul Crompton

Swedish firms Northvolt and Mälarenergi have partnered to deploy a 220kW/320kWh lithium-ion energy storage system to power an electric vehicle charging station in their home country.

Gigafactory developer Northvolt will deliver the lithium-ion battery system based around its Voltrack modular battery system in Västerås, Sweden.    

Sign-up to our FREE weekly industry newsletter, to get the weeks news delivered to your inbox every Monday.

Northvolt’s $1bn battery boost as VW partnership unveiled

Fri, 06/14/2019 - 16:19 -- John Shepherd
Northvolt’s $1bn battery boost as VW partnership unveiled

Battery manufacturing start-up Northvolt has raised US$1 billion for its planned Swedish gigafactory project­­­— and has revealed it will build a second such facility in Germany in partnership with Volkswagen.

Northvolt said the equity capital raise for the lithium-ion battery cells plant at Skellefteå had been led by VW and Goldman Sachs Merchant Banking Division, alongside BMW, AMF, Folksam Group and IMAS Foundation.

Sign-up to our FREE weekly industry newsletter, to get the weeks news delivered to your inbox every Monday.

Northvolt clinches gigafactory EU loan deal

Fri, 05/17/2019 - 10:45 -- John Shepherd
Northvolt clinches gigafactory EU loan deal

The European Investment Bank (EIB) has confirmed its approval in principle of a €350 million (US$391m) loan for Swedish battery maker Northvolt to build a 16GWh capacity lithium-ion battery cell plant— as revealed by BEST Battery Briefing last week.

EIB vice-president Andrew McDowell (pictured) said the loan is the largest ever direct financing approved by the bank for battery technology. The financing will be through the EIB-managed European Fund for Strategic Investments.

Sign-up to our FREE weekly industry newsletter, to get the weeks news delivered to your inbox every Monday.

Northvolt set for €400m Swedish gigafactory loan

Fri, 05/10/2019 - 17:10 -- John Shepherd
Northvolt set for €400m Swedish gigafactory loan

The European Investment Bank (EIB) is set to approve a €400 million (US$450m) loan to help start-up Northvolt build a 16GWh capacity lithium-ion battery cell manufacturing plant in Sweden.

The loan to design, build and start operations at the gigafactory, which Northvolt estimates will cost a total of around €1.5 billion, is likely to get the green light when the EIB board meets on 15 May.

Sign-up to our FREE weekly industry newsletter, to get the weeks news delivered to your inbox every Monday.

VW and Northvolt in driving seat for new battery research group

Fri, 03/22/2019 - 13:22 -- John Shepherd
VW and Northvolt in driving seat for new battery research group

Volkswagen has formed a European batteries research consortium with Swedish lithium-ion start-up Northvolt.

The German carmaker said the newly-formed European Battery Union (EBU) would work with research and industry partners in seven European Union member states to cover “the entire battery value stream – from raw materials through cell technology to recycling”.

Sign-up to our FREE weekly industry newsletter, to get the weeks news delivered to your inbox every Monday.

Northvolt plans Poland battery plant to target European market

Mon, 10/29/2018 - 00:00 -- Hugh Finzel
Northvolt energy storage system

Swedish lithium-ion start-up Northvolt has announced plans for a new battery production facility in Gdansk, Poland.

The facility will produce full battery systems— containing battery cells, an electronic control system, and often a cooling and heating system— using cells manufactured at Northvolt’s factory in Sweden, where production is scheduled to start toward the end of 2020.

Northvolt said the new plant, which will include an R&D centre, would be operated in partnership with California-based precision semiconductor manufacturer South Bay Solutions.

Sign-up to our FREE weekly industry newsletter, to get the weeks news delivered to your inbox every Monday.

BMW, Northvolt and Umicore join forces for cells recycling

Mon, 10/22/2018 - 00:00 -- Hugh Finzel

The BMW Group has formed a joint technology consortium with Swedish lithium-ion start-up Northvolt and Belgium-based materials tech giant Umicore, to develop a “complete and sustainable value chain for battery cells for EVs in Europe”.

This announcement comes just weeks after BMW placed a “billion euro” order for EV batteries from China, saying that they “can’t wait” for Europe to build a battery cells industry.

The consortium’s main aim is to establish a closed life cycle loop for batteries to make battery cells sustainable. The partners said this would be achieved by creating a recyclable cell design and manufacturing process that uses mostly renewable energy.

Sign-up to our FREE weekly industry newsletter, to get the weeks news delivered to your inbox every Monday.

Pages

Subscribe to Northvolt