Sunlight expands to create world’s largest motive lead battery unit

Sunlight expands to create world’s largest motive lead battery unit

Sunlight expands to create world’s largest motive lead battery unit 150 150 Batteries International

September 9, 2021: Sunlight Systems, the Greek battery manufacturing firm, will spend €50 million ($59.2 million) to expand its lead and lithium manufacturing unit in Xanthi, north-eastern Greece, it announced on September 2.

The company said it would plough €30 million ($35.5 million) into increasing its Xanthi unit’s annual lead-acid motive battery production from 4GWh to 5.3GWh, the largest output of motive lead-acid batteries in the world.

It also plans to invest €20 million ($23.7 million) in its production of lithium batteries, adding 1.7GWh in annual capacity, on top of the €105 million ($124.4 million) it has already spent on the Xanthi plant on R&D and a prototype lithium-ion cell production line.

The company says around 60% of the raw materials needed for the lead batteries will come from its recycling facility.

“This latest €50 million investment brings Sunlight’s total committed capex spend for 2021-2023 to €180 million, with €150 million committed to the expansion of lithium production and €30 million committed to the respective lead one,” it said.

“The additional investment is fully aligned with our strategic objective to play a key role in both lead and lithium battery technologies,” said CEO Lampros Bisalas. “The investment is already under implementation, and we’re excited for the new, state-of-the-art machinery to be installed and expand our capabilities.

“We’re keen to meet both current and future demands in the off-road mobility and RES energy storage, by scaling up capacity and rendering our Xanthi industrial park a true gigafactory.”