Moscow, October 12, 2020 (PR) - Rosatom has completed incorporation of the nuclear industry integrator company for energy storage business development. RENERA is incorporated on the basis of Cathode Materials LLC, an enterprise of TVEL Fuel Company of Rosatom.
The company will develop and trade module type lithium-ion traction batteries for electric vehicles, as well as energy storage systems for emergency power supply, renewable energy resources and smoothing load demand.
The current portfolio includes more than 120 ongoing and completed projects for the supply of lithium-ion energy storage devices (contracts previously concluded by a number of TVEL enterprises - Cathode Materials, NPO Centrotech and Novosibirsk Chemical Concentrates Plant). A number of contracts have been implemented for modernization of logistics electric vehicles, as well as equipping substation DC systems and uninterrupted power supply systems with lithium-ion energy storage devices.
“We offer a comprehensive solution for our customers, from a feasibility study to installation of equipment and post-warranty service. We are committed to comply with individual customer requirements for technical specifications and offer flexible commercial conditions. We already accomplish projects under a rent scheme and plan to start leasing and life cycle agreements”, commented Emin Askerov, Director General of RENERA.
Module type lithium-ion traction batteries are widely in demand in the electric vehicle market and are one of the most cost-efficient and technologically advanced solutions for intralogistics. These batteries can be recharged at any time and do not require a separate charging room. Lithium-ion batteries are sealed and do not require maintenance, they are also explosion-proof, environmentally friendly (do not contain harmful acids) and operate over a wide temperature range.
In stationery energy storage systems, lithium-ion batteries are used due to their unique characteristics in terms of number of cycles, voltage stability and energy efficiency.