How much money does sunlight get for a lithium-ion battery project?
Image: SUNLIGHT. A €105 million (US$127.6 million) push to develop low-cost, environmentally-friendly lithium-ion battery technology by Sunlight, a designer and manufacturer of batteries headquartered in Greece, will receive €49.9 million in grant funding.
What will sunlight's lithium battery technology be used for?
A company spokesperson told Energy-Storage.news today that Sunlight wants the lithium battery technologies it develops to play a key role in areas including automated guided vehicles, electric buses and shipping, as well as in “smart storage systems for renewable energy sources”.
Why is lithium recycling important?
These innovative energy solutions serve the intralogistics and energy storage markets contributing to international expansion and growth. Groundbreaking lithium recycling activities allow LiTH.OS Cell to realize its vision to achieve a complete LFP batteries value chain.
What is the future of Li-ion batteries?
created for highly-skilled employees recruited and trained from the local communities of Northern Greece It is projected that global demand for Li-ion batteries will increase elevenfold, reaching over 2TWh in vs. to address the need for energy transition.
Where are LFP lithium cells manufactured?
of LFP lithium cells to be developed and manufactured in one of the biggest Gigafactories in Europe created for highly-skilled employees recruited and trained from the local communities of Northern Greece
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