Phi4Tech gigafactory
Mar 26, 2021

Extremadura hosts southern Europe’s first battery cell factory project

Phi4tech, together with the regional President of Extremadura and the General Secretary for Industry in Spain, has formally announced in a press conference – on the 24th of March, 2021 – the first integrated battery project in Southern Europe, which includes in the same region, a lithium extraction and refining project – Lithium Iberia -, a nickel and cobalt extraction project – Aguasblancas -, a cathode manufacturing plant, and a 10 GWh cell manufacturing plant.

The total investment for such project is 1000M€, out of which they have secured 600M€ already. Furthermore, this integrative project will offer 1300+ direct employment opportunities for the region.

Alejandro Ayalla, referential partner of the project business group states that:
“ Extremadura is going to lead the integral project of energy storage in Europe. There is already financing, clients and projects; if we add then the decision to locate in Caceres the national center of research and energy storage, which we are going to collaborate on a theoretical and practical level, plus the Navarra University, which whom we are going to collaborate to develop a master for the future engineers: We can count on the most integrative project of the whole European Union.”

More information on Phi4Tech website or in the press conference (in Spanish)

Image: Phi4Tech website

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