U.S.-based startup Lyten is set to take full ownership of Northvolt Dwa ESS, the largest energy storage systems (ESS) factory in Europe, marking a major expansion of its operations and product offerings. The announcement was made Tuesday as Lyten confirmed plans to restart operations at the Gdansk-based facility immediately.
The acquisition follows the bankruptcy of Swedish battery maker Northvolt’s energy storage division, which filed for insolvency in March. The failure, one of Sweden’s biggest corporate collapses, dashed hopes of developing a strong European competitor to dominant Chinese battery manufacturers. Northvolt had originally shut down the Polish plant in November 2023.
“We plan to immediately restart operations in Poland and deliver on existing and new customer orders,” said Dan Cook, Lyten’s CEO and co-founder.
The 25,000-square-meter facility, which first opened in 2023, houses advanced equipment for manufacturing battery energy storage systems (BESS). It currently supports 6 gigawatt-hours (GWh) of manufacturing capacity, with the potential to scale up to 10 GWh, according to Lyten’s statement. The company added that it already holds contracted orders extending into 2026.
The move positions Lyten as a key player in the European clean energy storage market, where demand for grid-scale battery storage is rapidly growing. The acquisition also offers Lyten a strong foothold in the EU’s strategic push for energy independence and decarbonization.
Financial details of the deal were not disclosed, but completion is expected in the third quarter of 2025.