Energy Storage & Fuel Cell Industry
Estonian Battery Maker Plans Major German Expansion
Skeleton Technologies says it will build a production facility for a new material for high-performance batteries in the Bitterfeld-Wolfen Chemicals Park in eastern Germany.
Feb 05, 2025
The new facility will cost some EUR 40 million and be used to make “curved graphite,” which the company says is more efficient and environmentally friendly than conventional graphite. Graphite is a major element in lithium-ion batteries and is mostly imported from China.
The regional state of Saxony-Anhalt is allocating EUR 18 million in subsidies for the project. The money will reportedly come from an EU program to help historic coal-producing regions transition to modern, environmentally friendly economies.
“Those who stay in the lead technologically set standards for their own competitiveness,” Saxony Anhalt Energy Minister Armin Willingmann told regional broadcaster MDR.
Skeleton Technologies expanded from Estonia to Germany in 2013 with the help of Germany Trade & Invest.
