Enertech International, a South Korean manufacturer of lithium-ion batteries and RENERA’s 49% subsidiary since 2021, will be the technological partner of the project.
The plant for the production of lithium-ion cells and energy storage systems, the so called «Russian gigafactory», will be launched at the Baltic NPP site already in 2026.
Construction of the manufacturing facility will contribute to development of this industrial site.
The full production capacity of the plant will be at least 3 GWh annually (the total energy volume of the produced batteries).
Emin Askerov, Director General of RENERA, said:
- The signals we receive from the Russian market indicate that the production volumes we planned a year ago may be insufficient
- To fulfill the current plans for electric transport development, we are considering a possible growth of the plant's production capacity up to 12 GWh
Russian-made lithium-ion batteries should be used, in particular, in electric vehicles, power grids, uninterruptible power supply systems and energy consumption balancing systems.