CALB prepares to build its battery plant in Portugal
Chinese battery manufacturer CALB will start with the construction of its first European battery factory this year. The plant at the port of Sines, Portugal, first announced in
As one of the top 10 battery manufacturers in Portugal, MeterBoost is the only manufacturer in Portugal that offers a complete range of lithium-based energy systems. MeterBoost products are high quality and designed to meet the energy needs of its users. MeterBoost offers a variety of energy storage products.
In the battery technology industry, Portugal has the potential for further growth in the future, especially in the field of lithium-ion batteries and energy storage. Portugal is one of the countries with the largest lithium reserves in Europe.
By developing its lithium resources, the country aims to become part of the global battery supply chain. To strengthen the industrial value chain and the innovation ecosystem in energy storage and battery technology, Portugal has launched an initiative named Battery Cluster Portugal.
The media reports do not specifically mention the cell chemistry. They only refer to “lithium batteries.” CALB is reportedly investing 2 billion euros in the project, which is classified as an IPCEI project ('Important Projects of Common European Interest') in the EU and is subsidised accordingly.
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