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Several energy storage investments underway in North Macedonia
North Macedonia, which has been attracting investments in battery factories, is in talks on a project worth up to EUR 360 million, according to Prime Minister Hristijan Mickoski.
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6 FAQs about [North Macedonia Rechargeable Lithium Battery]
How much BMZ is investing in North Macedonia?
It is not known how much the company is investing in the North Macedonia site or what kind of batteries are produced there. In July, BMZ Group signed a strategic cooperation agreement with CALB (China Lithium Battery Technology) for the development and production of batteries for electric commercial vehicles.
Will BMZ open a production site in Macedonia?
The German battery manufacturer BMZ Group wants to open a production site in northern Macedonia. The corresponding agreement with the government there has already been signed. More than 60 production lines are to be built there by 2028.
What type of electricity does North Macedonia use?
North Macedonia relies predominantly on fossil fuels (low-grade lignite and gas) and hydropower, and is dependent on electricity imports. The total generation of electricity in 2022 was 5,634 GWh, and another 1,471 GWh was imported to satisfy the total domestic electricity demand.
Why did BMZ choose North Macedonia?
The battery manufacturer says it decided on a location in North Macedonia for various reasons – on the one hand, North Macedonia is known for its “investor-friendly policies” and the company sees the “enormous growth opportunities of BMZ”. On the other hand, the company suffers from a shortage of skilled workers in Germany as well as in Poland.
Will BMZ start a battery production in Skopje by 2028?
The corresponding agreement with the government there has already been signed. More than 60 production lines are to be built there by 2028. According to its own information, BMZ wants to start battery production initially in a rented building in the metropolitan region of Skopje.
How many jobs will BMZ create in Macedonia?
BMZ wants to create up to 600 new jobs in northern Macedonia. The manufacturer emphasises that no jobs will be cut at the plants in Germany and Poland. Despite the relocation of the production lines, “further growth” is expected there as well. The new location will be managed by Jelica Ivanovska.