March 27, 2024: Swedish battery developer Northvolt formally launched development of its ‘Northvolt Drei’ gigafactory in Germany on March 25 in a ceremony attended by the nation’s political leaders.
Federal chancellor Olaf Scholz and vice chancellor Robert Habeck (pictured) mentioned the 60GWh EV cells gigafactory in Heide, Schleswig-Holstein, would underpin the nation’s significance as a European manufacturing base for the auto trade.
The beginning of development comes lower than a yr after Germany’s federal and state governments mentioned they’d give monetary backing for the venture.
Northvolt mentioned the gigafactory’s operations will use electrical energy generated by wind energy and these are set to start out in 2026.
The plant, which may also have an onsite battery recycling facility, shall be Northvolt’s third gigafactory, growing the corporate’s pipeline of battery manufacturing capability beneath growth to greater than 170GWh.
Northvolt introduced the collection of Schleswig-Holstein for the plant in 2022.
The corporate mentioned then the area was chosen as a result of it advantages from entry to a surplus of electrical energy generated by onshore and offshore wind energy, bolstered by clear vitality offered by grid interconnections to Denmark and Norway.