Oslo lithium energy storage power manufacturer

Does Norway have a battery plant?

Skofteland said in a statement. Norway has several large-scale battery plant projects under development as investors seek to tap into the country's renewable energy to make the production of batteries more sustainable.

Who is supplying end-of-life lithium-ion batteries?

Eco Stor, an Oslo-headquartered portfolio company of Norwegian utility company Agder Energi, will provide the joint venture with end-of-life lithium-ion batteries. Morrow Batteries, a battery manufacturer, will also supply lithium-ion battery manufacturing scrap from its planned facilities in Norway.

Does Norway have a lithium deposit?

On land, Norway does not have any economically viable lithium deposits, according to the Norwegian Geological Survey. On the seabed, however, recent expeditions have discovered high concentrations of lithium, amongst other minerals, along the Mid-Atlantic Ridge. When, and if at all, these deposits will be ‘harvested’ remains unclear.

Will eco Stor provide end-of-life lithium-ion batteries?

Subject to the parties entering into mutually acceptable definitive agreements, Eco Stor will provide the joint venture with end-of-life lithium-ion batteries. Morrow will also contribute lithium-ion battery manufacturing scrap from its planned facilities in Norway.

Is Norway a good place to recycle batteries?

Norway, with its strong expertise in processing industry, has a great opportunity to take a leading role within recycling of batteries and developing new and more efficient processes for recycling of all battery materials. – Today, graphite is not recycled, and ends up as CO2-emissions.

Will Norway become an energy superpower?

The initiatives in Norway are in line with the European efforts to ramp up battery production. More importantly, however, batteries and other renewable technologies are envisioned by industry experts to guarantee Norway’s future as an “energy superpower” in light of decreasing demand for fossil fuels.