Battery energy storage systems (BESS) are on the rise as smarter grid infrastructure begins to emerge, and Lyten has plans ...

Lyten announced the acquisition of Northvolt’s Dwa ESS operations in Gdansk, Poland, a 25,000 square meter (270,000 sq ft) ...

WARSAW (Reuters) -Silicon Valley startup Lyten will take full ownership of Northvolt Dwa ESS, Europe’s largest energy storage ...

Aerial view of the 25,000-square meter battery energy storage systems manufacturing facility, in Gdansk, Poland, acquired by ...

In a press release, bankruptcy trustee Mikael Kubu writes: There are stakeholders and speculators for the various businesses within the Northvolt Group. Discussions and negotiations are ongoing, at ...

After selling its first battery cells in 2022, Northvolt’s losses tripled in 2023 to $1.03 billion. The company tried to woo investors that year with plans for a stock-market listing at a $20 ...

Swedish electric-vehicle battery maker Northvolt agreed with Volvo Cars on Wednesday to sell its stake in their joint battery venture Novo Energy for an undisclosed sum and explore potential ...

Norsk Hydro became the sole owner of battery recycler Hydrovolt on Monday after the Norwegian aluminium maker agreed to buy the remaining shares from ailing Swedish battery maker Northvolt for 78 ...

Peter Carlsson, who co-founded Northvolt and led the firm since its inception in 2016, will step aside to take on a role as senior advisor, the company said. He remains a member of Northvolt's board.

He noted that Northvolt Ett, the company’s flagship battery gigafactory in north Sweden, as well as and Northvolt Labs, will continue operating as usual during the restructuring process, which ...