
Northvolt AB is a Swedish battery developer and manufacturer, specialising in lithium-ion technology for electric vehicles. Founded in 2015 by two former Tesla executives, it commissioned its first manufacturing plant in Skellefteå, Sweden in 2021 and has announced plans for five others in Europe and North America. . The company was founded as SGF Energy in 2015 by Peter Carlsson [] (now CEO) and Paolo Cerruti (now CEO Northvolt North America) who were working in Supply Chain and Operations Planning at . The headquarters of Northvolt are in Stockholm. Research and Development Its center for research and development is situated in , Sweden. Northvolt EttNorthvolt Ett (swedish:. . In 2019, Volkswagen invested 900 million Euros in Northvolt amounting to a share of 20% and a seat on the board. . Media related to at Wikimedia Commons • [pdf]
Both factories Northvolt Ett (set to be the largest battery-making factory in the world once fully operational in 2022) and Northvolt Labs, which collaboratively aim to have 150GWh of annual production by the end of the decade, use Sweden’s large amount of renewable hydroelectric power to produce cells as sustainably as possible.
Our first battery gigafactory is being established in northern Sweden and serves as Northvolt’s primary site for manufacturing of active material, cell assembly and recycling. Our research & development facility is located 100 kilometers west of Stockholm.
Northvolt’s commitment to sustainability extends further, however, encompassing sourcing of raw materials, production, transportation of goods, and novel recycling technologies. Unlike many battery manufacturers, Northvolt is integrating as much of its supply chain in-house, as it looks to sustainable solutions.
Join us! Sustainability A big contribution to Northvolt’s low-carbon footprint comes from our commitment to power our factories with clean, renewable energy. Combine that with minimal resource use alongside battery recycling and you have the blueprint for the world’s greenest battery. Recycling No battery lives forever.
The Swedish startup, which was valued at US$12bn by investors in June 2021, currently leads European efforts to build a domestic supply chain for lithium-ion batteries, which are needed to power electric vehicles.
"Volvo and Northvolt to Build Gigafactory in Sweden". Autoweek. Retrieved 2 April 2024. ^ Westerheide, Carla (18 July 2023). "Northvolt and Volvo pave the way for cell factory in Gothenburg". electrive.com. Retrieved 2 April 2024. ^ Volvo Cars, Media Relations (30 October 2023). "Volvo Cars initiates process to take full ownership of NOVO Energy".

With an increasing share of renewable power in the energy production, it is becoming increasingly important to find innovative solutions for energy storage. Solar and wind power are so called intermittent energy sources. This means that their production cannot be planned but instead relies on the current weather conditions.. . With a growing share of weather-dependent electricity production, also the price volatility in the electricity market is increasing. At the same time as there is a growing need for. . Underground pumped hydro power meets all the requirements placed on the single most important type of energy storage that enables energy transition. In terms of competing technologies,. [pdf]
Globally pumped hydro storage represents 94% of all energy storage capacity. Sweden has some conventional pumped hydro storages (PHS), the largest with a capacity of 55 MW, but in relation to other parts of the world, PHS has not been that widespread in the country.
Pumped Hydro Storage have developed a technology to enable reservoirs to be constructed underground. Disused mines are often considered an environmental burden and a scar on the landscape from industrialization. Through our innovative solution, they can instead become assets for large-scale energy storage.
The company is listed on NGM Nordic SME under the short name SUST. In 2021, the company acquired Pumped Hydro Storage Sweden AB. Follow us and visit our website to learn more about the solution and our projects. SENS Partners with Karlskoga kommun!
Pumped Hydro’s innovative solution means a more efficient and flexible pumped storage technology, which is installed in disused mines. This way, the mines are transformed into a positive asset in the green transition. At the same time, costs can be kept down by using existing infrastructure such as access points to the power grid and roads.
SENS, including Pumped Hydro Storage - developer of the next generation large scale energy storage We are reinventing the world's most mature type of energy storage and equips it with the tools necessary to become vital part of the energy transition.
Pumped storage hydropower (PSH) is a proven technology for energy storage. Today, more than 94% of the world’s total installed storage capacity is in the form of PSH. However, it is very difficult today to build new pumped hydropower.
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