Featured in A solar lifeline – 07-2021

Europe’s gigafactory boom – 25 by ‘25

A gigafactory, as the name indicates, is a facility that aims to produce Li-ion cells at a gigawatt-hours scale of total capacity, so they can then be used in electric vehicles or stationary storage applications. The global production capacity of Li-ion cells is expected to reach 740 GWh by the end of 2021 – almost a threefold increase from 2017 – and Europe will account for 8% of the total. João Coelho, an analyst at Delta-EE, looks at how Europe plans to catch up.

By

pv magazine

08 Jul 2021

Image: Northvolt

China currently leads the race in Li-ion cell manufacturing, accounting for around 70% of total production worldwide. At the same time, Europe accounts for a mere 8% of annual global production capacity, at 62 GWh. Europe has outlined a clear strategy to become less dependent on importing cells from Asia with the creation of the …

This article is part of pv+

Subscribe digitally to unlock exclusive investigative reporting, expert insights, in-depth analysis, and premium background coverage. Your subscription also includes full access to the digital edition of our magazine.