Northvolt will invest $200 million in an energy storage systems gigafactory.

Northvolt announced a major $200 million investment in Poland, to establish Europe’s largest factory for energy storage solutions (ESS).

The company is already present in Gdansk, Poland since October 2018, when started the Northvolt Battery Systems Jeden, a facility designed for industrialization and assembly of battery modules and solutions.

Now the plan is to expand operations and launch a 50,000 m2 factory, in two stages. The construction of the first phase (5 GWh of energy storage systems per year) is expected to start in autumn 2021. The production will start in 2022.

For more information visit https://insideevs.com/news/489546/northvolt-energy-storage-solutions-factory-expansion-poland/