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
120-year-old paper mill to become battery materials gigafactory in Sweden Updated On Thu, Mar 3rd, 2022 by Saurenergy Northvolt and Stora Enso have signed a letter of intent for the purchase of the Kvarnsveden Mill and the surrounding industrial area in Borlänge, Sweden. Northvolt will develop the site into a manufacturing plant for active material and battery cells, reusing and refurbishing much of the existing facilities and site infrastructure, an official statement said. […] Read more
After Becoming EV Nation, Norway Seeks Battery Recycling Crown Updated On Fri, Feb 18th, 2022 by Saurenergy Norway, a country of barely 5.4 million citizens, has shown a commitment to EVs that is quite simply, unmatched in the developing world. It was the country with the most electric vehicles per person in January last year. The European nation has been a frontrunner in the world EV market right through 2021. Even in […] Read more
Swedish Battery Developer Northvolt Produces its 1st Li-ion Cell Updated On Mon, Jan 3rd, 2022 by Saurenergy Northvolt, a Swedish battery developer and manufacturer that specializes in lithium-ion technology for electric vehicles, recently commissioned its Northvolt Ett gigafactory in northern Sweden, leading to the assembly of its first li-ion battery cell. Marking a new chapter in European industrial history, the cell is the first to have been fully designed, developed and assembled at a […] Read more
Northvolt to Invest $200 Mn to Establish Europe’s Largest Energy Storage Factory Updated On Mon, Feb 22nd, 2021 by Saurenergy 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 cell manufacturing capacity […] Read more
