The US-based lithium-sulfur batteries developer Lyten has entered into a binding agreement to acquire Northvolt’s remaining assets in Sweden and Germany.
The US-based lithium-sulfur batteries developer Lyten has secured more than $200 million in additional equity investment. This brings total investment to date in Lyten to more than $625 million.
Lyten announced the acquisition of Northvolt’s Dwa ESS operations in Gdansk, Poland, a 25,000 square meter (270,000 sq ft) battery energy storage systems (BESS) manufacturing and R&D facility.







