SERBIAN BATTERY INNOVATOR ELEVENES LAUNCHES ITS NEXT GENERATION
Lithium battery wind and solar power generation energy storage
In renewable energy, Li-ion batteries allow efficient storage to manage load variations, making them ideal for small to medium-sized solar and wind energy storage facilities. However, lithium and other mineral extractions, such as cobalt, raise environmental and ethical concerns. [pdf]
Serbian energy storage battery manufacturer
ElevenEs, a European leader in Lithium Iron Phosphate (LFP) batteries, manufactures the EDGE cobalt- and nickel-free cells in Serbia. Founded in 2021, their sustainable, high-performance batteries serve electric vehicles and large-scale energy storage, backed by Al Pack Group and EIT InnoEnergy. [pdf]FAQS about Serbian energy storage battery manufacturer
Could Serbia be a technological leader in LFP battery production?
The Republic of Serbia could be a technological leader in LFP battery production in the whole world outside of China, because it has a chance to become the first in Europe to mass-produce this type of battery. The signed Memorandum with the European Union envisages a serious focus on the ecosystem of electric vehicles and battery production.
Is there a battery Gigafactory in Serbia?
In Serbia’s northernmost city of Subotica, a project is underway for a battery gigafactory with an annual capacity of 8 GWh, set for launch in 2026, while 40 GWh is planned to be added by end-2027. The developer, ElevenEs, has just finished the cell manufacturing facility, as scheduled.
What is the economic potential of a supply chain in Serbia?
The economic and market potential of this type of business model and supply chain in Serbia is enormous. We could expect about 10-12 billion euros of new income for Serbia and about 20 thousand new jobs in our country, as well as a consequent serious growth and development of employees in the industry.
How long will it take to localize and scale production in Serbia?
Our plan is to localize and scale production in Serbia in the next seven to eight years. To slowly bring in our partners and to participate in the creation of the supply chain in Serbia. That would mean about three to five billion euros per year, for our supply chain alone, and about 5,000 new jobs in our company.
