Construction Starts on Major German Battery Factory
Swedish lithium-ion battery producer Northvolt has broken ground on its new EUR 4.5 billion facility in the northern German city of Heide.
Your company is already operating in Germany and you would now like to export worldwide?
Swedish lithium-ion battery producer Northvolt has broken ground on its new EUR 4.5 billion facility in the northern German city of Heide.
The European Commission has given the green light to over EUR 900 million in government support for Swedish company Northvolt.
US company Redwood Materials has acquired Bremerhaven firm Redux Recycling as a first step in a drive to become a major player on the European battery recycling market.
An examination carried out by RWTH Aachen University and PwC forecasts that battery recycling will become a profitable enterprise in the EU within the next decade or so.
Li-Cycle from Canada is commencing operations in a plant for recycling lithium-ion batteries in Sülzetal near the eastern German city of Magdeburg.
Bavaria’s Eco Stor, a German subsidiary of Norwegian utility company A Energie, has announced plans to construct a record-sized electricity storage battery facility.
In the first half of 2023, renewably generated electricity met some 52 percent of Germany’s domestic needs.
Livista Energy Europe is investing EUR 600 million to set up its first lithium refinery in Europe in Germany, creating around 200 new jobs.
Germany's mobility revolution is moving at pace, with electric vehicle infrastructure growing and new service models and battery technologies being developed.
The circular economy is expected to record annual growth of more than five percent - reaching market volume of EUR 32 billion by 2030.