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Greek battery firm Sunlight investing in capacity, lithium R&D

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 of 2023. This effort includes investment in equipment and mergers and acquisitions.

Greece: EIB to support innovative battery production with €25

Specialist battery company SUNLIGHT, a member of Olympia Group, will significantly increase manufacturing capacity at its state-of-the-art plant in Xanthi, northern Greece, following a EUR 12.5 million EIB loan confirmed earlier in Athens today. The loan is the first support for industrial investment in Greece under a new EIB lending

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Sunlight

With more than 12 years of experience in lithium and a top R&D team, Sunlight entered the

Greece''s Sunlight Group increases production capacity of lithium batteries

Thanks to the new production lines, as well as overall investments in automation, technology and operational excellence, the company will continue offering global markets high quality integrated lithium-ion batteries for industrial mobility, leisure mobility, and energy storage systems.

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Greek battery company SUNLIGHT nets €50m grant to develop

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.

''World''s largest lead-acid battery output'' planned in Greece

The Greek government will provide €49.9 million towards the cost of Sunlight''s planned lithium-ion R&D center in Athens – with some likely to come from EU funds – after the European

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Sunlight

With more than 12 years of experience in lithium and a top R&D team, Sunlight entered the lithium market with Li.ON FORCE, the first line of "smart" lithium batteries for electrical Industrial Vehicles (eIVs). The company''s strategic focus on lithium technology is linked with the launch of a new Research and Development Center

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Increasing lithium-ion capacity to 3.2GWh

The multi-million investment in lithium-ion batteries increases Sunlight Group''s relevant production capacity up to 3.2 GWh annually for industrial mobility and ESS-related products. The new automatic lines are co-developed by the two companies and can be promptly re-adjusted to produce different designs and battery architectures

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Panos Germanos: Greece''s Sunlight slides in the "top 3

The plan focuses on expanding Sunlight''s production capacity in lead-acid and lithium-ion batteries and energy storage systems, as well as securing and strengthening the company''s supply chain and sales network. The largest part of the total investment, amounting to 450 million euros, concerns the expansion of its sales network

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Greek battery firm Sunlight investing in capacity,

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 of 2023. This effort includes investment in

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BATTERY CELL PRODUCTION IN EUROPE: STATUS QUO AND OUTLOOK

largest sales market with around eight million registrations, followed by Europe with 3.2 million and the USA with around 1.4 million vehicles. At the same time, the battery market also recorded significant growth in 2023. According to SNE Research, 706

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