Russia St Petersburg Can lithium batteries be used for energy storage

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Russia St Petersburg Can lithium batteries be used for energy storage

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FAQS 3

Will Russian energy storage firm Renera invest in EV batteries?

June 23, 2023: Russian energy storage firm Renera says a special investment contract providing incentives and financial backing for domestic production of batteries for EVs and stationary storage systems was signed at the St Petersburg International Economic Forum on June 16.

Will Russia produce a prototype battery by the middle of the year?

The move follows Russia’s claim last month that it will have produced prototype batteries by the middle of the year.

Will EV batteries be re-used in 2025?

Deputy prime minister and trade and industry minister Denis Manturov said the plant will span nearly 24 hectares and the first batteries will roll off the assembly line in 2025. Renera said it also plans to develop plans for used EV batteries to be re-used in stationary storage systems, such as EV charging stations.

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