As stated by the EIB, the project concerns the development of a pilot line to produce prototype Li-Ion cells in a greenfield building adjacent to the current Xanthi manufacturing plant.
The pilot line and RDI facilities are located in Xanthi, in a cohesion (less developed) region in the North-Eastern part of Greece, with a nominal manufacturing capacity of up to 200 MWh. This pilot plant will not produce any commercial-grade cells.
The investment covers the period 2022-2025. This is part of a broader research, development and innovation (RDI) project, aimed at developing and producing its own complete Li-Ion battery systems including the cells.
The aim is to finance the promoter's RDI activities for Lithium-ion cells and of capex for pilot line Lithium-ion battery cells manufacturing.
Following the successful completion of this pilot project, the promoter envisages to establish a complete production facility to manufacture lithium cells for off road mobility, industrial applications, and energy storage. However, this is not part of the EIB financing scope and the plan is still uncertain and not included in the current business plan.
Sunlight operates in an eco-development area of the National Park of Eastern Macedonia and Thrace, which includes the wetlands of the Nestos Delta, the lakes Vistonida and Ismarida and their wider area.
As stated by Bloomberg, the Client, doing business as Systems Sunlight S.A., manufactures industrial batteries. The Company offers batteries and energy storage systems for industrial, advanced technology, and consumer applications. Systems Sunlight serves customers worldwide.
|Private Actor 1
|Private Actor 1 Role
|Private Actor 1 Sector
|Private Actor 2
|Private Actor 2 Role
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|Sunlight Group Energy Storage Systems Industrial & Commercial LLC
|Industry and Trade
No contacts available at the time of disclosure.
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