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The company offers turnkey energy storage systems for connection to medium- or high-voltage grids. In 2014, it announced a partnership with Chinese battery manufacturer BYD to jointly develop new solutions for
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oslo industrial energy storage manufacturers ranking
After setting impressive EV battery records, Norway has turned its focus to an even larger market: batteries for stationary energy storage - a market expected to reach EUR 57 billion by 2030.
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3 FAQs about [Oslo battery energy storage company ranking]
Does Norway have a battery market?
Today Norway has not one, but two huge battery markets. “There are two market drivers for batteries: EVs and stationary energy storage. Energy storage is coming on strong now. It’s the key to turning intermittent wind and solar into a stable energy source,” explains Pål Runde, Head of Battery Norway.
Is Norway a good place to buy EV batteries?
An early adopter of electric transport, Norway continues to capture EV battery headlines. Electric cars now account for 79 per cent of new cars sold in Norway, and the MS Medstraum was recently launched as the world’s first electric fast ferry. In a global report on lithium-ion batteries, Norway ranked first in sustainability.
Can EV batteries be used as energy storage?
“We are seeing a shift in focus from EV batteries to energy storage for other purposes. Most batteries being produced today will be used to store energy for wind farms, industrial activities and off-grid rural areas,” explains Nora Rosenberg Grobæk, former Head of Batteries at Invest in Norway, the official investment promotion agency of Norway.