Cyprus battery research and development

Eni and SERI Industrial, a company operating in the energy storage sector, have set out an agreement for the potential development of the industrial chain for lithium-iron-phosphate electrochemical batteries for storage applications  and industrial and commercial electric mobility.
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Eni and SERI Industrial, a company operating in the energy storage sector, have set out an agreement for the potential development of the industrial chain for lithium-iron-phosphate electrochemical batteries for storage applications  and industrial and commercial electric mobility.

The agreement will enable both companies to explore the possibility of setting up a joint venture company to build, at Eni''s Brindisi site, a stationary energy storage production plant, a production line for active material to input into the process, and a production line for battery recycling, which will support a similar plant being built by FIB, a SERI Industrial subsidiary, in the province of Caserta.

Research and development, procurement and commercial activities will be handled together with SERI Industrial’s plant in the Caserta region.

The initiative could mark an important step towards industrial development, particularly in Italy''s southern regions, consistent with a sustainable energy system leveraging SERI Industrial’s expertise in the battery sector and Eni’s ability to promote technological solutions for decarbonization.

In fact, stationary batteries are indispensable for the electricity grid, overcoming the structural limitation of renewables'' programmability and intermittency, thus supporting their deployment.

Once all conditions have been tested and negotiated, the arrangement may develop further into subsequent binding agreements, strengthening SERI Industrial’s position in the battery value chain and enabling Eni to develop a new industrial transformation initiative to support the energy transition.

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Horizon Europe is the European Union (EU) funding programme for the period 2021 – 2027, which targets the sectors of research and innovation. The programme’s budget is around € 95.5 billion, of which € 5.4 billion is from NextGenerationEU to stimulate recovery and strengthen the EU’s resilience in the future, and € 4.5 billion is additional aid.

Projects are expected to develop innovative battery systems technologies that will benefit several transport and mobile applications, by significantly improving performances and safety, as well as environmental sustainability and cost. The projects should focus on the battery system level, i.e., on the integration of battery cells into a battery system (e.g., a battery pack), considering mechanical, electrical and thermal aspects.

Batteries are key for a climate neutral transport sector, which represents around 25% of the total CO2 emissions in the EU.

EU contribution per project: €5,00 million

(Publish Date: 08/02/2022-for internal use only)

European Commission, Directorate-General for Research and Innovation

https://ec ropa /info/departments/research-and-innovation_en#contact

For clarifications or additional information regarding specific programmes/calls, you may contact the relevant contact points whose details are provided for each specific call through the Portal.Για διευκρινίσεις ή πρόσθετες πληροφορίες σχετικά με συγκεκριμένα προγράμματα / προσκλήσεις, μπορείτε να επικοινωνήσετε με τα σχετικά σημεία επαφής των οποίων τα στοιχεία παρέχονται για κάθε συγκεκριμένη προσκλήση μέσω της Πύλης.

The aim is to integrate advanced multi-scale computational modelling, materials synthesis, characterisation and testing to perform closed-loop autonomous materials findings and interphase engineering that would accelerate by at least a factor of five the discovery of new battery chemistries with ultra-high performances.

About Cyprus battery research and development

About Cyprus battery research and development

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