Beyonder said it also developed a patented process to convert forest residues, namely pine and spruce sawdust, into activated carbon for its battery cells.OSLO: The Norwegian battery startup Beyonder announced on Monday that it would work with the Swiss mechanical engineering company ABB to develop and manufacture battery cells for industrial applications.
Beyonder, founded in 2016, raised 125 million crowns ($ 14.7 million) in December to start up a pilot production line for so-called lithium-ion capacitors, batteries that deliver high performance and fast, this year can be recharged to make them suitable for use in heavy machinery or for the mains.
Beyonder plans to start commercial production in full in 2024.
“Energy storage technologies such as batteries designed for transportation, energy and industrial applications are one of the critical solutions required to support the transition to a low-carbon economy,” said Kristin Chief, Beyonder’s chief commercial officer
Skofteland said in a statement.
Norway has several large battery plant projects under development as investors seek to harness the country’s renewable energies to make battery production more sustainable.
Beyonder said it also developed a patented process to convert forest residues, namely pine and spruce sawdust, into activated carbon for its battery cells.
The greenfield plant in Pune will go into operation in mid-2022, with a capacity of 1 GW in phase 1