Northvolt To Invest $200 Million In New Energy Storage Systems Factory In Gdansk, Poland

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  • The new 50,000 square meter factory will be established in two stages with an initial output of 5 GWh and an estimated production start in 2022
  • It will Include a new engineering R&D center of excellence to be set-up in conjunction with the factory expansion

Swedish lithium-ion battery maker Northvolt said it will invest $200 million in a new energy storage systems factory in Gdansk, Poland.The new 50,000 square meter factory will be established in two stages with an initial output of 5 GWh and an estimated production start in 2022.

Peter Carlsson, Co-Founder and CEO, 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.”

Providing technical solutions required for ending industrial dependence on fossil fuels

The investment will facilitate a ramp-up in the manufacturing capacity of battery modules and systems in order to fulfill contracts that Northvolt has secured with customers seeking long-term, high-volume supply agreements for complete battery system solutions across grid and industrial markets. Northvolt will be providing technical solutions required for ending industrial dependence on fossil fuels and unlocking the use of increasing amounts of renewable energy across society.

The initial phase of the project will establish an annual output of 5 GWh of modules and packs. A second phase of the project will see the factory expanded to a total capacity of 12 GWh. It will Include a new engineering R&D center of excellence to be set-up in conjunction with the factory expansion. . It said that the initiative will create 500 new jobs in the Gdańsk region.

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