Britishvolt and Circulor enter strategic partnership to set new benchmark in carbon tracking for entire Gigaplant process
September 16, 2021
- Britishvolt, on track to deliver its first full-scale Gigaplant in the UK in late-2023, has entered into a strategic partnership with Circulor to set a new benchmark in carbon tracking across the entire process of its first full-scale Gigaplant.
- Britishvolt has ESG at the very core of its business model, baked into everything it does, and the partnership with Circulor is another signal of the company going above and beyond in its processes and data collection and ensuring thorough traceability.
- Circulor will help BV track its entire CO2 footprint, including in the build of its world-class full-scale Gigaplant in Northumberland, and any further plants it builds across the globe.
Northumberland, 16/09/2021: Britishvolt, the UK’s foremost investor in lithium-ion battery cell technologies and associated R&D, has entered into a strategic partnership with Circulor to set a new benchmark in C02 footprint tracking across all of its process including the build of its Gigaplant and wider supply chain monitoring. The process will lead to an industry wide benchmark platform that paves the way for others.
The news represents a major milestone for Britishvolt’s quest to assist vehicle OEMs on their roadmap to electrification, underscoring its values and dynamic ESG Principles and Commitments.
While European Gigaplants are seen to be entering a sustainability race, with many saying they will produce the world’s greenest batteries, Circulor and BV are turning words into actions through the announcement of their strategic partnership to deliver tangible proof of their contribution towards achieving a low carbon, net-zero society.
BV has instructed Circulor to trace, for the first time in history, building material supply chains to fully understand all inherited CO2 emissions used in BV’s Gigaplant and in the process make this information readily available.
Circulor will provide BV with a dynamic and living digital building inventory for the Gigaplant during the build phase to set a new global benchmark for sustainable/green construction and manufacturing. This will help on the company’s quest to build some of the world’s most low carbon battery cells.
“This is another prime example of Britishvolt going above and beyond on its mission to decarbonise society. We will set a new C02 footprint tracability tool that will redefine industry standards. Producing some of the greenest batteries on the planet isn’t just about tracking the raw materials supply chain, it’s also about making sure the facilities we build, the energy we are supplied, in fact everything we do, is as sustainable and ethically delivered as possible.
We are very excited to be partnering with Circulor on this project. Britishvolt has a strong social values agenda, as well as a world-class Environmental, Social and Governance Principle and Commitments. At our very heart is doing the right thing. This project is the right thing for UK plc, and its people, on the roadmap to a low carbon, sustainable future.”
Peter Rolton, Britishvolt UK CEO
“It’s time to turn words into actions. With that we are truly excited to be working with Britishvolt and have found this strong partner for jointly setting, and more importantly demonstrating, a new global standard for green construction and battery cell production. Doing the right thing is contagious and being part of BV’s journey is truly exciting. With BV racing forward I hope this will attract the wider industry to act responsibly. We all have to work together, collectively, on the road map to net-zero.”
Luise Müller-Hofstede, Client Partner, Ciculor
The development is a major boost for Northumberland, and indeed the country, and will bring around 3,000 direct highly-skilled jobs and another 5,000+ in the associated supply chains.
Enabling works started on the site Sep. 6, following a unanimous planning application approval in July, 2021.
Britishvolt is on target to manufacture some of the world’s most sustainable, low carbon battery cells on the site of the former Blyth Power Station coal stocking yard located in Cambois, Northumberland.
The project will be built in phases towards total capacity by end-2027 onwards. This allows the business to keep on top of any technological advancements.
Once at full capacity, the Gigaplant will have a production capability equating to
approximately enough cells for around 300,000+ electric vehicle battery packs per year, intended primarily for the automotive industry.
It will be the first large full cycle Gigaplant in the UK.
Safe Harbour.
Certain statements in this press release concerning our future growth prospects are forward-looking statements regarding our future business expectation intended to qualify for the ‘safe harbor’ under the U.S. Private Securities Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements.
The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, competition including those factors which may affect our cost advantage, equipment procurement, wage increases, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time contracts or time and material construction contracts, customer concentration, restrictions on immigration, industry segment concentration, our ability to manage international operations, reduced demand, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages related to battery service agreements, the success of the companies in which Britishvolt has made strategic partnerships, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies and unauthorised use of our intellectual property and general economic conditions affecting our industry. In addition, please note any forward-looking statements contained herein are based on assumptions we believe to be reasonable as of the date of this press release.
