Stockholm, Sweden, 1 September 2020 – Enerpoly has received a development grant from the European Innovation Council (EIC) Horizon 2020 Accelerator Pilot Green Deal programme. The €1.63M in grant funding received will fund technology scale-up from the laboratory to commercial-sized rechargeable zinc-ion battery cells and demonstration of a manufacturing process suitable for commercialization. Enerpoly plans to grow the team in the coming months to fulfill these objectives. Customer needs and international markets for zinc-ion rechargeable battery technology are also explored in the scope of this project.
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 to100% sustainable energy is the high costs of rechargeable 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. Enerpoly envisions enabling sustainable energy on a global scale by delivering safe, environmentally friendly, and affordable energy storage innovations.
“We are very happy and excited to have received this grant from the European Innovation Council,” says Dr. Samer Nameer, co-founder and CINO of Enerpoly. “The focus of the grant on “Green Deal” suits Enerpoly perfectly to be a part of the solution on societal and environmental challenges. We believe that Zinc-ion batteries have a bright future in stationary energy storage and will contribute to the European Green Deal strategy. We will now focus our efforts to build our industrial lab with the mission to commercialize our technology.”
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.
This project has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No 101009255.