Germany backs Moll Batterien sodium-ion battery plant with over €22 million

Moll Batterien has secured more than €22 million ($25.8 million) in public funding for a 1 GWh sodium-ion battery plant in Bavaria, part of a roughly €103 million investment scheduled to come online in 2026.
Image: StMWi/N. Engelhart

From ESS News

Moll Batterien GmbH has revealed plans to build a sodium-ion battery manufacturing facility in Lichtenfels, Germany, with an initial annual capacity of 1 GWh. The plant is expected to create 126 jobs and training positions, with commissioning planned for the end of 2026.

The Bavarian Ministry of Economic Affairs said it will provide €19.65 million in support for the project under the federal Transformation Technologies framework. An additional €2.52 million will come from the European Union’s European Regional Development Fund, bringing total public funding to €22.17 million.

To continue reading, please visit our ESS News website. 

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: [email protected].

Written by

Comments