Northvolt launches construction of German gigafactory

Northvolt launches construction of German gigafactory

Northvolt launches construction of German gigafactory 1024 702 Energy Storage Journal

March 27, 2024: Swedish battery developer Northvolt officially launched construction 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) said the 60GWh EV cells gigafactory in Heide, Schleswig-Holstein, would underpin the country’s importance as a European manufacturing base for the auto industry.

The start of construction comes less than a year after Germany’s federal and state governments said they would give financial backing for the project.

Northvolt said the gigafactory’s operations will use electricity generated by wind power and these are set to start in 2026.

The plant, which will also have an onsite battery recycling facility, will be Northvolt’s third gigafactory, increasing the company’s pipeline of battery manufacturing capacity under development to more than 170GWh.

Northvolt announced the selection of Schleswig-Holstein for the plant in 2022.

The company said then the region was chosen because it benefits from access to a surplus of electricity generated by onshore and offshore wind power, reinforced by clean energy provided through grid interconnections to Denmark and Norway.