Energy Storage News•3 months ago
Hithium signs €400 million Spain battery gigafactory investment agreement after two-year courtship
- •Hithium is investing €400 million to establish a new battery gigafactory in Spain's Navarre region.
- •This significant investment will boost European battery manufacturing capacity, potentially easing supply chain constraints for energy storage projects.
- •Developers and large power consumers can anticipate improved availability and potentially more competitive pricing for battery energy storage systems in the European market.
financing