A plan to build one of Europe's largest battery-grade lithium refineries in Portugal by end-2025 is facing delays due to the complexity of the project and uncertainty about grant funding, one of the partners, Galp , said on Thursday.
The Swedish battery cell manufacturer Northvolt is setting up a 50:50 joint venture with Portugal’s energy company Galp. Under the direction of the joint venture Aurora, a lithium conversion plant will be built in Portugal. The future location of the plant is still under discussion. ++ This article has been updated.
Northvolt insists that the Portuguese plant will be “the largest and most sustainable integrated lithium conversion plant in Europe” and “a milestone in the development of a European battery value chain”.
Galp, a Portuguese energy company, has announced plans to build a 5 MW/20 MWh battery storage system in Portugal, in collaboration with Powin. The system at one of Galp’s solar plants will enable it to adjust its PV production profile and meet its energy requirements. This project marks Powin’s first venture in Europe.
This project marks Powin’s first venture in Europe. Global energy storage supplier Powin LLC and Portuguese integrated energy company Galp have partnered to install a utility-scale battery energy storage system (BESS) in Algarve, Portugal. The 5 MW/20 MWh battery system will be built at one of Galp’s solar power plants near the village of Alcoutim.
Under the direction of the joint venture Aurora, a lithium conversion plant will be built in Portugal. The future location of the plant is still under discussion. ++ This article has been updated. Kindly continue reading below. ++
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LISBON, Sept 12 (Reuters) - A plan to build one of Europe''s largest battery-grade lithium refineries in Portugal by end-2025 is facing delays due to the complexity of the project and...
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The Swedish battery cell manufacturer Northvolt is setting up a 50:50 joint venture with Portugal''s energy company Galp. Under the direction of the joint venture Aurora, …