April 6, 2023: Belgium-based Avesta Battery & Power Engineering is to create an R&D middle for strong state battery cells in Portugal, the corporate introduced on March 29.
Avesta has signed a memorandum of understanding with the municipality of Figueira da Foz to develop a 500MWh-1GWh capability plant at a complete price of greater than €1.8 billion ($1.9 billion) on a 17,000m² web site unfold over – belong to the authority.
Avesta CEO Noshin Omar (pictured left) stated the plant can be inbuilt two phases and can finally make use of greater than 2,000.
Figueira da Foz mayor Pedro Santana Lopes (pictured proper) stated the mission is in keeping with aspirations to change into the middle of high-tech growth within the area.
In January, Avesta revealed plans to construct an built-in battery packs and recycling complicated in Seneffe-Handle, Belgium.
The ‘BE-VOLT’ plant ought to have an annual manufacturing capability of 3GWh, which Avesta says will make it Belgium’s first gigafactory.
