Northvolt raises further $1.2bn investor backing for global battery gigafactory charge

Stuart Stone
clock • 3 min read
Credit: Northvolt
Image:

Credit: Northvolt

Latest funding round comes as Swedish battery developer assembles its Northvolt Dwa battery manufacturing plant in Poland

Northvolt has secured $1.2bn backing from scores of major global investors, as the Swedish battery manufacturer eyes further expansion across Europe and North America. Announced today, the latest funding...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Infrastructure

Greenlink: UK-Ireland interconnector comes online

Greenlink: UK-Ireland interconnector comes online

New 500MW link hailed as a major boost to decarbonisation efforts on both sides of the Irish Sea

James Murray
clock 17 April 2025 • 3 min read
E.ON teams up with Superdielectrics to develop 'more affordable' home battery technology

E.ON teams up with Superdielectrics to develop 'more affordable' home battery technology

Energy giant inks collaboration agreement with Cambridge tech firm to 'fine-tune' home battery system they claim could help slash domestic bills

Michael Holder
clock 16 April 2025 • 2 min read
'Axing zombie projects': Ofgem confirms plan to fast-track grid connections for clean power projects

'Axing zombie projects': Ofgem confirms plan to fast-track grid connections for clean power projects

Government and regulator confirm major overhaul of a grid connection regime that has been branded a 'joke' leaving some projects facing a wait of up to 15 years

Michael Holder
clock 15 April 2025 • 5 min read