Estonia-based Skeleton Technologies has announced partnership with Siemens to build the largest supercapacitor manufacturing plant in Markranstädt, Germany.
Skeleton will invest €220m to ramp up the production of supercapacitors. While €100m will be set aside for manufacturing equipment in the new plant, €120m will be invested for production, and research and development (R&D).
Go deeper with GlobalData
The facility, which will be the company’s second manufacturing site in Saxony, is scheduled to begin production in 2024.
According to the company, the new plant is expected to generate 240 jobs and produce nearly 12 million cells a year.
Of them, eight million will be smaller cells to be used for passenger vehicles and four million large cells meant for heavy-duty vehicles and energy grid, reported Reuters.
See Also:
Technology partner Siemens will work on development and implementation of a fully automated production line for the new factory.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataFurther, Skeleton will use its patented “curved graphene” material to produce advanced supercapacitors. This provides high power, energy density and reliability.
These supercapacitors also help in lowering power fluctuation and saving energy, thus reducing CO2 emissions.
Skeleton Technologies CEO and co-founder Taavi Madiberk said, “Supercapacitors are a key element in dramatically reducing emissions in the power generation, transportation and industrial sectors.
Currently, the firm, which already operates a smaller site near Dresden producing around 300,000 cells a year, primarily serves clients in heavy-duty transport or grid management such as SkodaElectric or Poland’s ZPUE.
It has signed contracts with German car manufacturers and letters of intent with Japanese manufacturers, a spokesperson said, declining to name the companies due to the terms of the agreements.
The aim is for automotive clients to account for around 20% of revenue by 2027, Madiberk added.
At present, Skeleton caters to the needs of clients in heavy-duty transport and grid management.
The company has inked contracts with German car manufacturers and Japanese manufacturers, reported Reuters, citing a spokesperson.
—————————————————————————————————————–
Image: Skeleton Technologies’ new plant will produce nearly 12 million cells a year for passenger vehicles, heavy-duty vehicles and energy grid. Credit: Marie Sjödin from Pixabay.
