Stockholm, Sweden, 1 March 2021 – Enerpoly has received a grant from the Swedish Energy Agency. The 3.8 million SEK in grant funding from the Swedish Energy Agency will be utilized for technical development of zinc-ion batteries in partnership with Uppsala University and KTH Royal Institute of Technology, and demonstration with Polarium, an energy storage provider based in Sweden.
Renewable power generation is expected to dominate the electricity grid by 2030. Stationary energy storage must increase at least 17 times to support the performance, stability, and reliability of a grid powered by renewables. The primary barrier to 100% sustainable energy is the high costs of energy storage.
Enerpoly has developed an affordable, safe, rechargeable zinc-ion battery technology made of available and inexpensive materials with a well-established recycling infrastructure. Enerpoly’s cost-efficient energy storage solution can meet the 2030 global cost targets today by saving on cell component costs and manufacturing processes, while addressing critical aspects regarding safety, environmental footprint, and scalability. This project will take advantage of accumulated expertise on producing and scaling up zinc-ion battery technology within the project group and make this technology ready for commercialization.
This project aims to stimulate research and development of rechargeable zinc-ion battery technology, and strengthen Sweden’s competitiveness in battery technologies through expertise, innovation and systems thinking.
“We are thrilled to initiate this project funded by the Swedish Energy Agency together with Polarium, KTH and Uppsala University,” said Mylad Chamoun, CTO & Co-founder of Enerpoly. “The project group consists of experts from academia and the industry to stimulate continuous development of rechargeable zinc-ion batteries. This cooperation will pave the way for new innovations and add great value to demonstrate cost-efficient, safe and sustainable energy storage solutions.”
Founded in 2018, Enerpoly is a next generation energy storage technology company pioneering the rechargeable zinc-ion battery chemistry. Enerpoly innovates in battery components, production methods and designs, and employs agile research and development techniques to rapidly deliver batteries that are suitable for grid, industrial, commercial, and residential uses.