March 27, 2024: Swedish battery developer Northvolt formally launched the 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, will help the nation’s significance as a European manufacturing base for the auto business.
The begin of building comes lower than a yr after Germany’s federal and state governments mentioned they would supply monetary help for the undertaking.
Northvolt mentioned operations on the gigafactory will use electrical energy generated by wind energy and it’s set to begin in 2026.
The plant, which additionally has an onsite battery recycling facility, is Northvolt’s third gigafactory, rising the corporate’s pipeline of under-development battery manufacturing capability to greater than 170GWh.
Northvolt introduced the choice of Schleswig-Holstein for the plant in 2022.
The firm mentioned 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 power supplied by way of grid interconnections in Denmark and Norway.