Northvolt received the environmental permit for the establishment of Europe’s largest lithium-ion battery cell factory. Ground preparations on the factory site, which marks the initial step of the construction phase, began on June 8.
The factory will be built in the municipality of Skellefteå in the north of Sweden. The environmental permit, which covers both construction and operation, was granted by the Land and Environment Court in Umeå less than six months after the final application was submitted.
The permit was issued for the first section of the factory that will be completed in 2020 and produce 8 GWh cell capacity annually. The full factory will be ready in 2023 and produce at least 32 GWh annually when it reaches full-scale capacity.
The first phase of the construction, which primarily consists of ground preparations, is estimated to be completed during the second half of 2019 and is financed within the current funding. Northvolt has initiated a process to support the funding required for investments in buildings, materials and equipment that will take place in the next phase until the first part of the factory is completed in late 2020.
The lithium-ion battery cell factory in Skellefteå will produce one of the world’s greenest battery, with a minimal carbon footprint and the highest ambitions for recycling, to enable and accelerate the European transition to renewable energy.
Since launch in March 2017, Northvolt has entered into industrial partnerships with ABB, Nemaska Lithium, Scania, SECI, Siemens, Skellefteå Kraft and Vestas. Northvolt has also received support from the European Investment Bank and the Swedish Energy Agency.