Axpo will build a 20MW/20MWh lithium-ion based battery storage facility in the south of Sweden, which will become operational in 2024. The project was developed by RES and SCR and acquired by Axpo on 9 March 2023.
[pdf] The project, considered the world's largest solar-storage project, will install 3.5GW of solar photovoltaic capacity and a 4.5GWh battery storage system. The project has commenced in November 2024.
[pdf] As a leader in innovation, Chinese battery pack assemblers are transforming industries ranging from electric vehicles to renewable energy systems. Companies like CATL and BYD dominate the market, holding 36.8% and 17.1% of the global market share, respectively.
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