The Basque entity plans to start up a production line in four years, with an investment of 700 million and more than 800 direct jobs.
Euskaraz irakurri: Basque volt egoera solidoko baterien proiektua martxan da, 2027an 10GWh ekoizteko asmoz
Basquevolt, the Basque solid-state battery initiative, will start producing battery cells in 2027 with the aim of reaching a capacity of 10 GWh. The project requires a investment of 700 million euros and will generate more than 800 direct jobs
The deed of incorporation of basquevolt was held this Friday at the CIC Energigune facilities in the Álava Technology Park, located in Minano
The new entity, founded by the Basque Government, Iberdrola, CIE Automotive, Enagas, EIT InnoEnergy and CIC Energigune, was created with the aim of making the Basque Country a European reference for the development of solid-state batteries.
Basquevolt’s technology is based on the use of a composite electrolyte patented by the Basque center The project’s promoters have explained that liquid electrolyte lithium batteries are reaching maturity and that the next technological breakthrough to truly unleash the true potential of energy storage must come from the solid state.
The experience of the companies that are part of the initial group of investors makes it possible to ensure that this entity competitive position “very important” in the battery market and development, but also in the storage industry, which is essential for progress in the energy transition.
The aim is to launch a first production line within four years, supported by an investment of more than 700 million euros, and which will be able to generate more than 800 direct jobs.
The first phase of Basquevolt will have its headquarters in the Álava Technology Park, in the Marie Curie Building (Albert Einstein, 35), located a few meters from CIC Energigune. The center, which will provide the new entity with its technological support, based on more than ten years of research work in the field of solid-state batteries, has a team of researchers led by Michel Armand, who is considered the ‘father’ of polymeric solids. electrolyte .
Objectives
The initial objectives of the company are: prototype cell development and pilot production line underway in 2025with the ambition to start production in 2027.
The new technology will far exceed the energy density of current storage solutions. Thanks to its technological base, Basquevolt aims to become the European leader in solid-state batteries.
Mercedes as a customer
The aim of the new entity is to develop the best materials and cells for batteries, which will enable the mass implementation of electric transport – the Basque government has informed that Mercedes Benz has already transferred its interest to become a customer of Basquevolt, stationary energy storage and advanced portable devices.
The Minister of Economic Development, Arantxa Tapia, has emphasized that this project is a “single bet”, which will develop a new generation of batteries “thanks to the talent of our engineers and scientists”. Tapia has emphasized that the project will “produce innovative technology that is born and produced here”, but that it will be exported “to Europe and the rest of the world”.
energy dependence
The minister recalled, regarding the rise in gas prices due to factors such as the war in Ukraine, that the current “geopolitical tensions” are having an “impact” on the energy market. In this sense, he emphasized that the Basque Country “cannot continue” with its current energy and technological dependence on other parts of the world. For example, he pointed out that initiatives like today’s will contribute to: “Reduce”but not to “completely remove” that dependency.
The CEO of CIC Energigune, Nuria Gisbertemphasized that at the start of this project “we are making history”as the “differentiated” aspect of Basquevolt from other initiatives aimed at this area has its “own technology”.
As he explained, this initiative aims to 10% market share in the European market by 2030. Gisbert has acknowledged that it is an “ambitious” goal, although he has emphasized that “we are on the way”. The main markets that the project’s production will target are electric vehicles, the stationary sector – energy storage from sources such as wind or solar energy – and consumer electronics.
For its part, the person in charge of Procurement and Services at Iberdrola, Channels of Assisi, stressed that the creation of this initiative shows that “perseverance pays off”, explaining that the energy company is “renewing its commitment to Euskadi” by joining Basquevolt. Likewise, it has stated that storage capacity is “essential” for renewable sources can provide a “guaranteed” energy supply
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Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
