Tag: northvolt

Northvolt and Stora Enso partner to produce wood-based batteries

In order to develop wood-based batteries, Stora Enso and the Swedish battery producer Northvolt have formed a cooperative development agreement. Reportedly, the batteries will have an anode made from renewable raw materials obtained from Nordic forests. To create the sustainable batteries, the partners intend to use hard carbon derived from lignin present in the forests.

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Northvolt to set up a 60 GWh battery factory in Germany

Northvolt, a Swedish battery manufacturer, has announced plans to build a gigafactory in northern Germany with a 60 GWh annual manufacturing capacity. The manufacturing unit is expected to come up in Heide, Schleswig-Holstein and this factory will produce lithium-ion batteries for the European market. The manufacturing facility is expected to begin operations in 2025, resulting in the creation of 3,000 jobs in the area.

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