- The factory in Sines, Portugal, involves a €2 billion investment.
- Construction is set to begin this year and finish by 2028.
- The facility will produce 15 GWh of lithium batteries.
- It covers 45 hectares and includes five production buildings.
Investment and Location
Battery manufacturer CALB is set to invest €2 billion in a new lithium battery factory in Sines, Portugal. The facility will be located in the Sines Industrial Zone, covering an area of 45 hectares and comprising five production buildings.
Production Capacity and Technology
The factory will have an energy storage production capacity of 15 GWh, utilizing the latest generation of lithium battery technology. This development aims to support the European electric vehicle industry by providing high-performance energy storage solutions.
Timeline and Approvals
Construction is expected to commence this year, with completion scheduled for 2028. The project has been granted "National Interest Project" (PIN) status by the Portuguese government, highlighting its strategic importance. It has also secured special grid access rights to accommodate its significant energy requirements.
Environmental Considerations
In August 2024, the project received conditional approval from the environmental protection department. However, it must adhere to specific environmental protection requirements to proceed.
