RENERA to develop energy storage business of Rosatom

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.

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