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.

Issue 07–2021
Northvolt

Northvolt’s planned gigafactory in Sweden is expected to mainly supply batteries for stationary storage projects. Other factories will be developed across Europe primarily to supply automotive manufacturers.

Image: Northvolt

Stay informed

pv magazine is the leading trade media platform covering the global solar photovoltaics industry. Log in or purchase a digital or print version of this issue to read this article in full.
Purchase a Subscription
Lost Password?