Northvolt was founded to enable the transition to a decarbonized future by establishing a sustainable battery industry. To do this, they’re pioneering a new approach to battery manufacturing rooted in a commitment to fossil-free energy, sustainable sourcing of raw materials and recycling.
“It’s certainly a good time for energy storage; we’re seeing large volumes of projects to be built in the coming three years, and the global forecast more than doubled from 2019 to 2020. Through the end of 2028, we estimate approximately 210 GW of new installed stationary energy storage capacity globally, with 49 GW coming from Europe.”
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