Gigafactory firms Northvolt and Britishvolt have commented on news reports that economic conditions are negatively affecting their plans, in statements provided to Energy-Storage.news.
Renewable energy developer Alight is adding a 2MW/2MWh battery system to a 12MW solar park in Sweden, creating the largest solar-plus-storage project in the country.
Recently-formed energy storage developer Ingrid Capacity is building a 70MW battery storage facility in Sweden for a H1 2024 delivery date, the largest planned in the Nordic country.
European gigafactory company Northvolt has signed a US$1.1 billion convertible note to finance the expansion of its lithium-ion battery production, ahead of a potential IPO in the next two years.
New sodium-ion battery production facilities have been announced in the US and Sweden by Natron Energy and Altris, respectively, with both set to start production in 2023.