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Home Economy

The Portuguese factory is the first in the world to produce photovoltaic panels and lithium batteries

Ursula Curtis by Ursula Curtis
January 21, 2024
in Economy
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The Portuguese factory is the first in the world to produce photovoltaic panels and lithium batteries
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Lithium is a chemical element represented by the symbol Li. It is characterized by being a light and soft alkali metal, with distinctive chemical and physical properties. Lithium is found in nature, mainly in mineral deposits. It can also be extracted from seawater. According to recent information, there is a factory in Alentejo that will produce lithium batteries.

Lithium exploration

The world's first factory producing flexible photovoltaic panels and lithium batteries simultaneously is already operational in Mora (Beja), after an investment of five million euros, reveals ACP.

The new LuxOEnergy unit creates these types of products, based on European patents.

“Both battery technology and solar technology are European,” said Miguel Matias, director, co-founder and investor of LuxOEnergy, noting that LuxOEnergy is a partner in the Austrian photovoltaic company DAS Energy and the Swedish battery company Anodox.

Electric car batteries

Regarding the photovoltaic panels produced in Mora, Miguel Matias said that “the biggest difference is the flexible and very light technology,” which allows them to be installed in “previously impossible locations.” “They have the same strength, capacity and efficiency as traditional panels, but they are ten times lighter and can be installed on top of any building, whether that is a football stadium, a train station or even on trains or trucks,” he explained.

The focus on battery production is due to the need to store energy, “either to charge cars at the most logical time or to support solar PV plants,” the LuxOEnergy president said.

Ursula Curtis

“Writer. Analyst. Avid travel maven. Devoted twitter guru. Unapologetic pop culture expert. General zombie enthusiast.”

Ursula Curtis

Ursula Curtis

"Writer. Analyst. Avid travel maven. Devoted twitter guru. Unapologetic pop culture expert. General zombie enthusiast."

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