About AVESTA Holding
 

Our history

AVESTA was founded in 2019 by Prof. Dr. Noshin Omar, a visionary leader with a distinguished background in academia. After years of groundbreaking research and teaching in the field of energy storage, Prof. Dr. Noshin Omar decided to turn his expertise into action, embarking on a transformative journey in the battery industry. With his deep knowledge and commitment to innovation, he established Avesta Battery and Energy Engineering (ABEE) to address the growing global demand for sustainable energy solutions.

A Journey of Growth
and Transformation

Since our founding, AVESTA has experienced remarkable growth and evolution. As we expanded our operations and refined our vision, we recognized the importance of a cohesive, forward-looking identity that reflects our innovation and leadership in the energy industry. In 2024, we rebranded to AVESTA, a name that embodies our commitment to driving the future of energy with cutting-edge battery technologies and sustainable energy solutions.

AVESTA Timeline

Our key moments in time

2019

Founded by Prof. Dr. Noshin Omar with a focus on advanced battery research and engineering.

2022

The birth of ABEE Skopje in North Macedonia. 

November 2022

Announcement of BE-VOLT Battery System Giga Factory in Seneffe, Belgium.

April 2023

Relocated to our state-of-the-art facility in Ninove, Belgium, equipped with advanced laboratories and production capabilities.

November 2023

State Aid agreement for BulgaPower.

November 2023

Announcement of BE-VOLT Battery Recycling in Dour, Belgium.

September 2024

Rebranded as AVESTA, embracing a modern identity that reflects our global ambitions and dedication to innovation.

November 2024

Announcement of IMMH partnership – Africa's largest lithium-ion battery pack factory.

Mission & Vision

Our Mission

At Avesta, we are dedicated to designing, manufacturing, and recycling high-performance batteries with a focus on sustainability. We offer advanced solutions for industries seeking reliable and eco-friendly energy storage, 100% made in Europe.

Our Vision

Avesta envisions a world powered by sustainable and efficient energy. Through continuous innovation in the battery life cycle, we are committed to leading the way toward a cleaner, greener future for all applications and industries.

Our entities

BE-VOLT Battery Systems

Located in Seneffe, Belgium, BE-VOLT Battery Systems will become the largest Lithium LFP battery production facility in the BENELUX region, with a production capacity of 3 GWh per year. The plant will support a variety of applications, including home storage, small city cars, marine energy storage, and trucks. As a pioneer in the EU's Lithium LFP market, BE-VOLT is committed to providing sustainable, high-performance energy solutions that support the transition to cleaner energy across industries.

BE VOLT Battery Recycling

BE VOLT Battery Recycling is an innovative and state-of-the-art battery recycling facility located in Dour, Belgium, set to become the largest of its kind in Europe. Specializing in the recycling of Lithium Iron Phosphate (LFP) batteries, BE-VOLT Battery Recycling marks a significant step toward a greener, more sustainable future. With construction scheduled to begin in mid-2026, the facility will process an impressive 20,000 tons of LFP batteries annually, contributing to the circular economy and reducing environmental impact.

BulgaPower

BulgaPower is a key player in the energy sector, with multiple facilities in Bulgaria focused on solid-state battery production and recycling.

Plovdiv: Our R&D center, dedicated to developing cutting-edge solid-state cell technology, with a production capacity of 0.5 GWh per year.
Stara Zagora: A state-of-the-art production plant for solid-state cells, with a capacity of 20 GWh per year, driving the future of energy storage.
Burgas: A high capacity recycling plant, processing up to 50,000 tons of batteries annually, supporting sustainability efforts and the circular economy.

ABEE Skopje

ABEE Skopje, located in North Macedonia, specializes in the production of Battery Management Systems (BMS). With a production capacity of 1 million BMS units per year, ABEE Skopje plays a vital role in ensuring the safety, efficiency, and performance of energy storage systems. As a key contributor to the energy storage industry, ABEE Skopje is committed to providing high-quality BMS solutions to support the growing demand for reliable and sustainable energy storage technologies.

AVESTA Ninove

AVESTA Ninove, located in Ninove, Belgium, is where the story of AVESTA began. This facility is a cornerstone of our operations, with impressive production capacities:

BMS Production: 10,000 Battery Management Systems (BMS) units per year
Battery Pack Production: 0.8 GWh per year
Cell Production: 80 MWh per year
Recycling Capacity: 800 tons per year

AVESTA Ninove is dedicated to advancing sustainable energy storage and recycling technologies, playing a key role in our mission to drive the transition to a cleaner, more sustainable future.

Leadership

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