Athens-headquartered battery maker Sunlight has announced a €50 million investment plan, with €30 million of it allocated for the production of lead-acid batteries.
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
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Greek battery maker Sunlight Group, part of Olympia Group, last week reported a 54% rise in 2021 turnover and said it is pushing with its EUR-560-million (USD 581.5m) five-year investment plan.
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Sunlight Group Energy Storage Systems (Sunlight Group) a technology company specializing in innovative industrial mobility and energy storage systems, announces the expansion of its lithium-ion batteries
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Sunlight Group expands production of lithium-ion batteries with four highly automatic assembly lines from Manz AG, installed across its facilities in Greece and the US.
Sunlight, a global technology company and producer of industrial and energy storage solutions, has announced the implementation of a €50m investment plan for infrastructure, machinery, and new production-assembly
Greek battery maker Sunlight is investing an additional €50m at its Xanthi plant to create a battery gigafactory, along with expansion at plants in Verona. Italy and North Carolina, US, for a capacity of 7GWh a year.
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Greek battery maker Sunlight Group, part of Olympia Group, last week reported a 54% rise in 2021 turnover and said it is pushing with its EUR-560-million (USD 581.5m) five-year investment plan.
for cells and batteries, lithium-ion and lead acid. annual production capacity Q3 2023. Our industrial complex in Xanthi is the largest manufacturing plant for motive power batteries in the
Greek battery maker Sunlight is investing an additional €50m at its Xanthi plant to create a battery gigafactory, along with expansion at plants in Verona. Italy and North
Sunlight Group Energy Storage Systems (Sunlight Group) a technology company specializing in innovative industrial mobility and energy storage systems, announces the expansion of its lithium-ion batteries production capacity up to 3.2GWh a year via the installation of four automatic assembly lines across company facilities in Greece and the USA.
Sunlight''s Greek factory is the world''s largest producer of lead-acid batteries for automated guided vehicles, forklifts and energy storage systems and it is now shifting to lithium cells.
The balance of the €50 million cash injection will go into lithium-ion battery output, with Sunlight describing itself as a lithium-ion supplier on its LinkedIn page. That €20 million is set
Sunlight''s Greek factory is the world''s largest producer of lead-acid batteries for automated guided vehicles, forklifts and energy storage systems and it is now shifting to lithium cells.
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 initiative
An additional €20m is being invested in the production of lithium-ion batteries, with the installation of three highly automated assembly lines for lithium modules and complete lithium battery systems, as well as one assembly line for prototyping and R&D purposes.
Sunlight is currently the third largest manufacturer of batteries in the global motive power battery industry, with about €1 billion of consolidated annual sales and a workforce of approximately 3,100 people.
Specialist battery company Sunlight, a member of Olympia Group, will significantly increase manufacturing capacity and create new jobs at its state-of-the-art plant in Xanthi, northern Greece, following a €25 million, 10-year loan from the European Investment Bank (EIB) which was confirmed earlier in Athens today.
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.
The upgrade will increase annual production capacity of lead-acid motive power products from 4GWh to 5.3GWh gradually until Q3 2022 and will render the Xanthi-based manufacturing unit the largest in the world for industrial, motive, lead-acid batteries.
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