Nortvolt – Battery's Manufacturing Plant – Sweden - Project Profile

Nortvolt – Battery's Manufacturing Plant – Sweden - Project Profile

Synopsis

"Nortvolt – Battery's Manufacturing Plant – Sweden - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "Nortvolt – Battery's Manufacturing Plant – Sweden - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary

Northvolt AB (Northvolt) is planning to build a battery manufacturing plant in Skelleftea, Sweden.

The project involves the construction of a battery manufacturing plant. It includes the construction of warehouses, production units, an administrative building, distribution units, parking and related facilities, and the installation of machinery and equipment.

Northvolt has selected Skelleftea and Vasteras as the project sites. The manufacturing plant will be built at Skelleftea and the main research and development operations will be set up in Vasteras.

On September 26, 2017, Northvolt signed an Memorandum of Understanding (MoU) with ABB Group, that covers a supply and technology partnership as well as collaboration on research and product development.

ABB Group, Vestas and Scania Group providing the investment support for the pilot project in Vasteras. Vestas and Scania provided a total of US$24 million investment

On February 5, 2018, Northvolt secured US$18 million fund from Swedish Energy Agency.

Construction activities on the development are expected to commence in mid-2018 with completion in 2023.

Scope

The project involves the construction of a battery manufacturing plant in Skelleftea, Sweden.

The US$4,222 million project includes the following:

1. Construction of production units

2. Construction of warehouses

3. Construction of distribution units

4. Construction of parking facilities

5. Construction of an administrative building

6. Installation of machinery and equipment

Reasons To Buy

• Gain insight into the project.
• Monitor the latest project developments.
• Identify key project contacts.