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Senior Technology Material invests €250 million in Sweden

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Shenzhen Senior Technology Material announces today its plan to invest 250 million euros until 2025 to establish a production facility at Svista industrial estate in Eskilstuna, Sweden. The facility will be one of Europe’s largest factories of its kind and will supply Northvolt with separator film for lithium-ion batteries. Shenzhen Senior Technology Material Co., is […]

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Boosting European EV battery raw material supply chain with support of high-purity manganese project

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This week, EIT InnoEnergy announced its support of Euro Manganese’s Czech-based Chvaletice Manganese Project, helping fulfil ambitions to create a competitive and sustainable battery cell manufacturing value chain in Europe. In addition to an initial investment of €250k, EIT InnoEnergy will help Euro Manganese secure financing for full-scale commercial development up to €362m for the

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5th High-Level Ministerial Meeting of the European Battery Alliance

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Today marks the 5th ministerial meeting of the European Battery Alliance. As a follow up of the high-level meeting with industrial key stakeholders representing all segments of battery the battery value chain, the Commission hosted today a ministerial meeting, chaired Commission Vice-President Maroš Šefčovič. The meeting was attended by Commissioners Thierry Breton, Nicolas Schmitt and

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Launch of EBA250 - European Battery Alliance

High-level meeting with industrial actors under the European Battery Value Chain

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We are proud to relay that on Tuesday was held a high-level meeting with EBA250 industry representatives to discuss the role the European Battery Alliance (EBA) in addressing the remaining major obstacles to developing a competitive, sustainable and resilient battery value chain in Europe. Organised and hosted by EIT InnoEnergy, the meeting was chaired by

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Biden Executive Order will put battery materials at heart of US climate technology leadership

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The new Biden administration has in one of the first Executive Orders “identified the importance of mitigating risks in the supply chain for large capacity batteries”. This underlines the importance of the strategy applied from the European Battery Alliance from day one to address the entire value chain for batteries. The ongoing pandemic has only

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Northvolt plans to build Europe’s largest energy storage systems plant in Poland

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Swedish lithium-ion battery manufacturer Northvolt announced today its plan to establish Europe’s largest factory for energy storage solutions in Poland. This is  yet another confirmation of the significance of the stationary battery storage market. Northvolt will invest $200 million to build this new energy storage systems factory in Gdansk, Poland. The production is scheduled to

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Batteries part of the recently approved Spanish Energy Storage Strategy

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Last week, the Spanish government approved the energy storage strategy, targeting some 20 GW of storage capacity in 2030 and reaching 30 GW by 2050 from today’s 8.3 GW. In this storage strategy, Spain quantified its storage needs in line with its decarbonisation targets established in the national energy and climate plan (NECP), which sets

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