- Beyonder raised 125 million crowns ($14.7 million) in December to launch a pilot production line this year for so-called lithium-ion capacitators, batteries that provide high power output
- Norway has several large-scale battery plant projects under development as investors seek to tap into the country’s renewable energy to make the production of batteries more sustainable
As per a report by Reuters, Norwegian battery startup Beyonder said it would cooperate with Swiss 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 launch a pilot production line this year for so-called lithium-ion capacitators, batteries that provide high power output and could be recharged quickly, added the reportIn 2024, Beyonder plans to start full-scale commercial production.
Batteries developed for transport, power and industrial applications
The report added that Beyonder’s Chief Commercial Officer Kristin said that energy storage technology, such as batteries developed for transport, power and industrial applications is one of the crucial solutions required to support the shift to a low-carbon economy
The report added that Norway has several large-scale battery plant projects under development as investors seek to tap into the country’s renewable energy to make the production of batteries more sustainable. Beyonder said it had also developed a patented process to convert forestry residue, namely sawdust from pine and spruce, into activated carbon for its battery cells.
