Sweden’s largest electric vehicle (EV) truck charging park will be completed later this year with a 2MW battery energy storage system (BESS) and, approvals permitting, 500kW of connected solar, the CEO of the haulier behind it has exclusively told Energy-storage.news.
The first lithium-ion battery cells have been produced at Northvolt’s new gigafactory in Sweden and a UK sodium-ion battery startup has been acquired by the solar subsidiary of India’s Reliance Industries.
China has once again been ranked top for involvement in the global lithium-ion battery supply chain by BloombergNEF, but for the first time the US has come in second amid a policy rush to support the domestic industry.
Nilar, a Sweden-headquartered producer of nickel metal hydride chemistry batteries aimed to compete with lithium-ion and lead acid, will receive €47 million (US$55.45 million) in funding from the European Investment Bank (EIB).
Northvolt has now raised over US$3 billion to support its plans to become a major player in the European battery manufacturing space, including US$1.6 billion in debt financing which it announced today.
A 5MW / 20MWh energy storage system built around the batteries BMW uses in its i3 electric vehicles (EVs) will help integrate renewable energy into the electric grid in Uppsala, Sweden.
