northvolt

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Lyten Acquires Battery Manufacturing Assets from Northvolt Sweden

Lyten, a lithium-sulfur battery developer, has completed the acquisition of energy storage solutions provider Northvolt’s battery business assets in Sweden, totaling...

March 3, 2026

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Renu

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Storage
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Lyten Raises Over $200 Million in Equity Funding

Lyten, a lithium-sulfur battery manufacturer, has secured over $200 million in additional equity investment, bringing the total investment in Lyten to date to more than...

July 29, 2025

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Renu

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Storage
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Lyten Acquires Battery Manufacturing Operation from Northvolt

Lyten, a lithium-sulfur battery developer, announced the acquisition of Dwa Energy Storage System (ESS) manufacturing operation in Gdansk, Poland, from energy storage...

July 7, 2025

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Dibin DB

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Storage
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Hydro Acquires Remaining Shares in Battery Recycling Company Hydrovolt

Hydro, a renewable energy company, has signed an agreement with Northvolt, a battery manufacturer, to acquire Hydrovolt’s remaining shares for NOK 78 million (~$7...

January 14, 2025

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Dibin DB

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Storage
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Funding and M&A Roundup: Battery Manufacturer Northvolt Secures $5 Billion Loan

Northvolt, a Sweden-based manufacturer of lithium-ion batteries, announced the signing of a $5 billion non-recourse project financing to expand its battery gigafactory,...

January 24, 2024

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Staff

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Solar

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Storage
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Funding and M&A Roundup: Battery Manufacturer Northvolt Secures $5 Billion Loan

From: Mercom Capital Group Northvolt, a Sweden-based manufacturer of lithium-ion batteries, announced the signing of a $5 billion non-recourse project financing to...

January 24, 2024

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Staff

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Finance and M&A

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Other
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Battery Manufacturer Northvolt Secures $5 Billion Loan

Northvolt, a Sweden-based manufacturer of lithium-ion batteries, announced the signing of a $5 billion non-recourse project financing to expand its battery gigafactory,...

January 19, 2024

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Dibin DB

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Storage
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Funding and M&A Roundup: Element Energy Secures $111 Million

Element Energy, a battery management technology company, closed $111 million in funding comprising a $73 million Series B equity investment and a $38 million debt...

November 22, 2023

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Staff

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Solar

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Storage
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Funding and M&A Roundup: Element Energy Secures $111 Million

From: Mercom Capital Group Element Energy, a battery management technology company, closed $111 million in funding comprising a $73 million Series B equity investment...

November 22, 2023

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Staff

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Finance and M&A

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Other
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Battery Manufacturer Northvolt Raises $150 Million

Northvolt, a Sweden-based manufacturer of lithium-ion batteries, received around CAD 200 million (~$150 million) from CDPQ. The funding is in the form of a convertible...

November 21, 2023

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Dibin DB

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Storage
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Funding and M&A Roundup: FranklinWH Secures $25 Million Series B Funding

FranklinWH, a residential energy management solutions provider, secured $25 million in Series B funding led by Particle Future. The funding is expected to help the...

August 30, 2023

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Arjun Pradeep

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Solar

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Storage
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Funding and M&A Roundup: FranklinWH Secures $25 Million Series B Funding

From: Mercom Capital Group FranklinWH, a residential energy management solutions provider, secured $25 million in Series B funding led by Particle Future. The funding is...

August 30, 2023

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Staff

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Finance and M&A

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Other
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Battery Manufacturer Northvolt Raises $1.2 Billion to Fund Expansion Plans

Northvolt, a Sweden-based manufacturer of lithium-ion batteries, has announced raising $1.2 billion in convertible notes to support its expansion plans across Europe and...

August 25, 2023

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Sohini Aich

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Storage
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Daily News Wrap-Up: Navitas Solar to Set Up Module Manufacturing Facility in the US

Gujarat-based solar module manufacturer Navitas Solar is establishing a 1.2 GW module factory in the United States through a strategic partnership with local entities,...

August 25, 2023

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Mercom Staff

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Daily Wrap-up
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Battery Manufacturer Northvolt Raises $1.2 Billion to Fund Expansion Plans

Northvolt, a Sweden-based manufacturer of lithium-ion batteries, has announced raising $1.2 billion in convertible notes to support its expansion plans across Europe and...

August 24, 2023

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Gautamee Hazarika

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Energy Storage

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Market & Policy

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