CZK 1bn investment to support establishment of battery factory

Published: 05.10.2017 Related countries:  Czech Republic Czech Republic

A group of Czech investors associated in the private investment fund Battery Unite has supported the establishment of a Magna Energy Storage battery plant with a CZK 1bn investment.

 

A group of Czech investors associated in the private investment fund Battery Unite has supported the establishment of a Magna Energy Storage battery plant with a CZK 1bn investment. The construction of the factory in Horní Suchá at Havířov will start on October 16, 2017. The annual production capacity of 1.2 GWh means that it is the largest local supplier of HE3DA lithium batteries. The factory will be the most environmentally friendly plant of its sort in the world and will be fully robotised.

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