Sunlight Group gets €140 million loan for battery manufacturing
Greece-based battery manufacturer Sunlight Group has secured a €140 million (US$136 million) loan for its manufacturing and R&D investments. The €140 million syndicated bond loan is made up of €87.5 million in Recovery and Resilience Facility funds, the EU-wide programme to mitigate the negative effects of the Covid pandemics and €52.5
Sunlight to create world''s largest battery manufacturing unit in Greece
Sunlight, a global technology company and producer of industrial and energy storage solutions, has announced the implementation of a €50m investment plan for infrastructure, machinery, and new production-assembly lines for
''Interesting fundamental drivers for energy storage'' in Greece
Greece''s electricity market holds the potential to become an important European market for energy storage technologies like lithium-ion batteries in the coming months and years. According to Corentin Baschet, head of market analysis at energy storage consultancy group Clean Horizon, a number of "interesting fundamental drivers" exist in
Greek battery firm Sunlight investing in capacity, lithium R&D
The company, which has plants in Greece, Italy and the US, produced more than 3.25 million motive power cells and 150,000 energy storage cells for renewable energy last year. Of its EUR-560-million business plan, the company will invest EUR 450 million to boost its sales network and production capacity up to 6.3 million battery cells by the end
Greece''s Sunlight Group increases production capacity of lithium
Sunlight Group Energy Storage Systems (Sunlight Group) a technology company specializing in innovative industrial mobility and energy storage systems, announces the expansion of its lithium-ion batteries production capacity up to 3.2GWh a year via the installation of four automatic assembly lines across company facilities in Greece and the USA.
Lithium-ion Batteries
Lithium technologies enable the development of more efficient power storage systems that offer high energy density and performance, as well as longer life cycles. Which means faster charging, smaller storage units with increased
Lithium-ion Batteries
Lithium technologies enable the development of more efficient power storage systems that offer high energy density and performance, as well as longer life cycles. Which means faster charging, smaller storage units with increased longevity, and lower operating costs.
Increasing lithium-ion capacity to 3.2GWh
Increase in production capacity to meet growing global battery demand for top-quality lithium products. Sunlight Group expands production of lithium-ion batteries with four highly automatic assembly lines from Manz AG, installed across its facilities in Greece and the US.
Sunlight
The company has a strong presence in Europe with state-of-the-art facilities in Greece and Italy, amongst them the world''s largest factory of lead-acid batteries for automated guided vehicles, forklifts and energy storage systems, which is now shifting its focus towards lithium cells.
Sunlight Group gets €140 million loan for battery manufacturing
Greece-based battery manufacturer Sunlight Group has secured a €140 million (US$136 million) loan for its manufacturing and R&D investments. The €140 million syndicated
Sunlight Group to present its latest lithium-based Energy Storage
Sunlight Group''s team of experts will be at Booth B2.380 to present the company''s new range of Sunlight Li.ON ESS products that meet the most advanced needs of the energy storage industry. Recent additions include the Grid-scale high voltage plug-and-play DC block and the enhanced C&I solution that complement the residential product line.
Increasing lithium-ion capacity to 3.2GWh
Increase in production capacity to meet growing global battery demand for top-quality lithium products. Sunlight Group expands production of lithium-ion batteries with four highly automatic assembly lines from Manz AG,