Consortium plans to build Germany’s third Li-ion gigafactory

Published on: August 31, 2017 9:22 amBy: ESJ

 

Holger Gritzka CEO TerraE holdings

Raw materials firm Magnis Resources announced it had signed a memorandum of understanding on August 28 with TerraE-Holdings, the consortium established to build a 34GWh factory in the country by 2028.

The consortium of 18 companies and research institutions from throughout the supply chain plan to construct the large-scale lithium-ion battery cell manufacturing plant in Germany.

TerraE Holding was founded in May, after six member companies in the Kompetenznetzwerk Lithium Ionen Batterien — Lithium ion battery competence network formed an initiative to establish large-scale series manufacturing.

Holger Gritzka, CEO of TerraE Holding, told ESJ that: “The number of cells will depend on the type of cells, and this will depend on customer demand.”

Gritzka also confirmed that the consortium had “nothing to do with Tesla” and a decision had yet to be made on the location, although there is speculation it will be built on two of five sites earmarked within the country.

The factories will be operated as “foundries,” to allow TerraE Holding, which will build and operate the factories, to manufacture bespoke lithium-ion cells to customers’ specifications.

The project, which has already secured €5.2 million ($6.2 million) in subsidies from Germany’s Ministry of Education and Research, should cost around €1 billion to complete.

 TerraE Holding GmbH is in negotiations with partners inside and outside of the consortium to secure a long-term technological advantage, and is beginning discussions with potential customers and investors, in particular from industrial sectors (forklifts, landscaping equipment, cordless tools), energy storage and electromobility (city buses, passenger cars, trucks).

The latest gigafactory announcement comes after Germany’s chancellor Angela Merkel broke ground at another €500 million plant to assemble lithium-ion energy-storage units for Daimler in May.

Eighteen months ago ground was broken on Germany’s first gigafactory, the 5GW, Batterien-Montage-Zentrums (BMZ) factory in Karlstein-Großwelzheim (Karlstein), Germany, that is due for completion in 2020.

Read More Industry Latest

Analysis and Features

  • Strategic alliance aims to deliver microgrid based Energy-as-a-Service

    Industry

    November 23, 2017 9:46 am by Jade Beevor

      Dynamic Energy Networks has secured a strategic alliance with Schneider Electric and The Carlyle Group to drive deployment of its energy-as-a-service platform, the firm announced on November 6. The US company’s platform allows organizations and institutions – from campuses to hospitals and the military — to make use of microgrids and distributed energy resources read more

  • Nerada prefabricated ESS and recycling plans closes battery loop

    Industry

    November 23, 2017 5:42 am by Jade Beevor

      VRLA, lead carbon, and lithium iron phosphate battery maker Nerada has announced a number of developments in the last fortnight that effectively positions the Chinese company as a closed loop energy storage maker — manufacturing and deploying energy storage systems and also recycling the used cells. On November 2, the company announced it had read more

  • LADWP turns to 20MW battery storage to meet renewables target

    Industry

    November 23, 2017 5:38 am by Jade Beevor

      The Los Angeles Department of Water and Power has turned to a 20MW battery storage project at its California Beacon Solar Plant as it looks to increase renewables generation and expand its storage capacity portfolio to 50MW, it was announced on November 13. LADWP is ramping up its integration of renewables like solar energy, read more

  • Australia 10MW ESS and solar project closes first round of funding

    Industry

    November 23, 2017 5:34 am by Jade Beevor

      Commissioning of a solar plus 10MW energy storage project in Australia has been scheduled for late 2018 after Singapore-based energy project company Nexif Energy announced it had secured financing for the first round of the project on November 13. Once completed, the Lincoln Gap Wind Farm project near Port Augusta in South Australia, will read more

  • Global grid-connected market opens up for flow battery firm RedT

    Industry

    November 23, 2017 5:27 am by Jade Beevor

      Vanadium flow battery developer RedT Energy was named as the first official participant in utility company Centrica’s local energy market trial, in which £19 million ($25million) has been allocated to test how flexible power generation and storage can reduce pressure on the UK’s local grid systems. Centrica will take control of the system’s operation read more

Read More Analysis and Features

technology feature

Finding the sweet spot for business

After focusing our early efforts on producing lithium ion batteries to serve the power tool market, we built an integration team for the purpose of exploring other areas where their chemistry read more

company profiles

What is SOLARUNITED?

SOLARUNITED is the premiere association supporting and enabling Upstream Solar and energy storage professionals worldwide. read more

//Elsie change ***********************************