May 25, 2023: The Sunlight Group is to further invest to ramp up lead battery recycling at its operation in northeastern Greece, CEO Lampros Bisalas told the country’s Delphi Economic Forum on May 2.
Bisalas said the company plans to gradually double lead production at the Komotini plant from the current 50,000 tonnes annually.
Meanwhile, Sunlight is on course to launch a lithium battery recycling plant within the next three years on the back of a €30 million ($32 million) investment by the company, plus a €3.5 million contribution from the European Union.
“We’re in the process of developing the relevant (lithium recycling) technology,” Bisalas said.
Sunlight is also setting up a prototype lithium ion battery cells production plant at its headquarters in Xanthi.
Greek prime minister Kyriakos Mitsotakis praised Sunlight as a global leader in the energy sector when he visited the Xanthi site on April 27.
Mitsotakis said it was exciting to see Greek companies “excelling abroad and dominating markets”.
In February, Sunlight gave details of its latest acquisition — taking a 51% controlling stake in Israeli Industrial Batteries Energy Storage Systems.
Also in February the company announced it had formalized the acquisition of a controlling stake in Germany-based batteries peer Triathlon Holding.
Photo: PM Mitsotakis is welcomed by Olympia Group founder Panos Germanos and Sunlight CEO Lampros Bisalas.