UK gigafactory revived with sale of Britishvolt to Recharge Industries

Owned by investment company Scale Facilitation, Geelong-based Recharge Industries is developing Australia’s first large-scale lithium-ion cell production facility and investing in research and development of next-generation solutions for current and emerging energy storage.

Under plans presented by Recharge Industries, the Britishvolt project will push forward the UK’s first Gigafactory in Cambois, Northumberland. According to Recharge Industries, Britishvolt will provide ‘thousands of green, skilled and local jobs’.

In a statement, David A. Collard, founder and CEO of Scale Facilitation said: “Our proposal combined our financial, commercial, technology and manufacturing capabilities, with a highly credible plan to put boots and equipment on the ground quickly.

“Our technology – including an exclusive license for the intellectual property and battery technology – has been developed and validated over the last decade through C4V in the US and will be the backbone of both gigafactories in Geelong and Cambois.

“Backed by our global supply chain, strategic delivery partners and a number of significant customer agreements in place, we’re confident of making the Cambois Gigafactory a success and growing it into an advanced green energy project.”