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Avesta Battery & Energy Engineering (ABEE) announced on the 10th of November the location of its battery recycling facility. The company selected the city of Dour, Belgium, to establish the ‘BE-VOLT Battery Recycling plant’. Once fully operational the plant will have a 20,000 tonnes per year capacity. ABEE said the facility would focus on the recycling of lithium iron phosphate (LFP) batteries.
A Strategic Location
ABEE aims to complete the government approval process by early 2024 and start construction before the end of 2024. Little information was disclosed regarding recycling technology and feedstock suppliers. Noshin Omar, founder and president of the ABEE Group said, “this will be the largest and most important LFP recycling plant, not only in Benelux, but also in Europe.”
The city of Dour offers a strategic location for ABEE. The company’s ‘BE-VOLT Battery System’, Gigafactory is located in Seneffe-Manage, Belgium, just 50km away. Additionally, Dour is well connected to important European infrastructure supply routes.
Other Projects
The construction of the BE-VOLT Battery System gigafactory is expected to commence Q2 2024, however, no announcements have been made regarding a timeline. Once operational, it will have an annual production capacity of 3GWh, and create up to 500 jobs.
Additionally, ABEE, in June this year, agreed plans to build a EUR1.4 billion (USD1.5 billion) battery cell factory in Romania . The facility, named Romvolt, is expected to have a 22GWh annual production capacity. It will supply batteries to customers such as Renault and Ford, as well as the stationary storage market. The company also plans to establish a co-located battery recycling plant with a 50,000 tonnes per annum capacity.
Rho’s Evaluation
The locality of the BE-VOLT Battery System gigafactory and the…
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