Swedish battery manufacturer Northvolt has announced plans to open a fully integrated lithium-ion battery gigafactory in Quebec, Canada. Located just outside Montréal, Northvolt Six will mimic the sustainability-centered design of Northvolt’s other facilities to accommodate 60GW/h of annual cell manufacturing capacity. The company uses wind and hydroelectricity to power battery cell proanganese cobalt oxide or NMCduction, and repurposes 95% of the nickel manganese and cobalt in old batteries. Development of the first 30 GWh phase is expected to start before the end of this year, with operations projected to begin in 2026. Northvolt is also continuing partnerships within its group of 18 lenders and financial institutions committing credit guarantees to generate funds for future developments.
Solar Dominates US Energy Capacity Growth
The Federal Energy Regulatory Commission (FERC) has published data showing that solar accounted for over 75% of US electrical generating
