Beyonder upscales pilot phase with support from Innovation Norway
This is an important contribution to the development of environmentally friendly and sustainable batteries.
Innovation Norway has awarded Beyonder NOK 44.5 million in development grants for new environmental technology. The funding will support upscaling activities related to technology development, improving the properties of battery cells, testing, certification and verification of the technology in pilot projects.
- Beyonder is inspiring. Their solutions are based on wood and hydropower, which we have a lot of in Norway. They are a brilliant example of how the demand for green solutions combined with research and technology development creates completely new jobs. Together with others, they pave the way for what could be a new Norwegian industrial adventure, says Håkon Haugli, CEO of Innovation Norway.
Important confirmation
Beyonder has recently started producing prototypes of battery cells and are currently focusing on upscaling of production and commercialisation.
- Innovation Norway has an important role in supporting the development of innovative energy technologies and we value their feedback and the support. This is an important confirmation of the work we do, and it provides us with an opportunity to accelerate our activities, says Kristin Skofteland, Chief Commercial Officer & Legal Counsel in Beyonder.
Sustainable batteries
Beyonder's batteries are a hybrid solution between traditional battery cells with high storage capacity, and supercapacitors with very fast charging and discharging, and long life. Furthermore, residue from the forest industry is used to produce active carbon, making it the world's first sustainable battery cell technology. The result is a safer and more cost-effective battery that can be charged very quickly and deliver a lot of power when needed.
By using Norwegian wood chips and silicon, as well as producing with clean hydropower, Beyonder will be able to offer significantly more environmentally friendly and sustainable batteries compared to conventional methods. The batteries are safer, need less cooling, can be fully charged in two minutes and recharged up to 100 000 times. This optimised solution reduces the need for oversizing and frequent battery replacement, accelerating the green shift by enabling new and efficient solutions in critical areas such as stabilization of the network, fast charging solutions for electric cars and other equipment, and electrification of heavy vehicles.
The company has established a battery center with research and development, laboratories production testing and prototype production. The company will open its first separate full-scale commercial production facility at a suitable location in the region, in 2024.