Finland energy storage power recycling

Is industrial production a good idea for batteries in Finland?

Industrial production is not the be all and end all for batteries here in Finland. Other companies, such as Finnish renewable material producer Stora Enso, are coming up with novel solutions. The company has signed an agreement with Swedish battery developer and producer Northvolt to develop wood-based batteries.

Are batteries being re-thought in Finland?

Also batteries themselves are being re-thought in Finland. Geyser Batteries in May announced it will establish a pilot facility for producing and developing batteries based on its proprietary water-based electrochemical technology in Mikkeli, Eastern Finland.

Is battery power a green solution for Finland?

Numerous innovations have thus emerged in Finland across various sectors to help reach these goals, yet the omnipresence of battery power in meeting the needs of wider green ambitions has placed greater emphasis on developing value chains for such that don’t drain the Earth’s resources.

Is Finland a good place to invest in batteries?

As the only country in the world capable of managing the entire battery value chain, from mineral extraction to recycling, Finland is uniquely positioned to respond to the surge in demand for batteries stemming mostly from the rapid proliferation of electric vehicles in Europe.

What is Finland's battery strategy?

Another goal of Finland’s battery strategy is to seek out new customers and create commercial opportunities for Finnish battery companies predominantly in Europe and the Nordic countries. Recent news from the west coast of the country aligns with this focus.

Is Finland a leader in the battery industry?

GigaVaasa / Facebook Finland is placing itself at the forefront of the battery sector, boosted by recent significant investments in industrial production and green innovations. In early 2021, Finland outlined a national battery strategy aspiring to elevate its industry to pioneering status by 2025.