Lyten, a supermaterial applications company based in Luxembourg, has acquired Northvolt's Dwa Energy Storage Systems operations in Gdansk, Poland. This acquisition allows Lyten to enhance its production capacity for lithium-sulphur batteries in Europe, which utilize more abundant materials compared to traditional battery components. The facility in Gdansk is the largest of its kind in Europe, and the acquisition follows Northvolt's strategic review. Gdansk's President sees this as a sign of Poland's growing global competitiveness and anticipates collaboration in energy storage and R&D partnerships.
Robert Chryc-Gawrychowski, CEO of Northvolt Poland, states, "Northvolt set out to lead the sustainable development of Europe's battery industry. Lyten is carrying that mission forward with BESS manufacturing and the introduction of lithium-sulphur batteries in Europe, which replaces minerals like nickel, cobalt, manganese, and graphite, with locally abundant battery materials. Moreover, it is important and exciting that the factory in Gdansk, built for the production of energy storage systems, will continue its operations."
Aleksandra Dulkiewicz, President of Gdansk, states, "The planned investment is a confirmation of the growing competitiveness of Poland and specifically Gdansk on the global economic map. For Gdansk, Lyten's activities constitute an opportunity to cooperate in the field of energy storage, create energy innovation centres and advance R&D partnerships with local universities."
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