Vestas and Northvolt, a battery manufacturer, have decided to collaborate on a joint project to create a battery storage solution made especially for wind power plants.
This news comes roughly two weeks after Tesla’s announcement of their battery solution for Australia’s Hornsdale wind power complex.
According to the press release, as part of the initial investment, Vestas is providing EUR 10 million for the development of a special lithium-ion battery that can:
- Enable Vestas to ensure more certainty and predictability in power output for greater grid stability and compliance with emerging grid requirements
- Develop and optimise control systems that can integrate battery storage systems with other renewable energy technologies.
Vestas’ Chief Technology Officer, Anders Vedel said, “This important collaboration with Northvolt will enable Vestas to define, challenge and improve battery storage offering for customers that need hybrid and storage solutions. There is a strong shared purpose and strategic fit with Northvolt that will support our goal to expand our knowledge in an area that we know will only grow in importance to the renewables and overall electricity market.”
Co-Founder and CEO of Northvolt, Peter Carlsson said, “Vestas is a true global leader in enabling the world’s transition to renewable energy. Batteries and solutions for energy storage are key in this transition, and Vestas will be an important strategic partner for Northvolt as we establish our product offering to the renewable energy sector.”