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.
Russia’s nuclear corporation Rosatom announces the location for its battery cell factory announced in March. It will be built in the western Russian exclave of Kaliningrad and is to produce battery cells for electric vehicles and energy storage systems from 2026.
The move follows Russia’s claim last month that it will have produced prototype batteries by the middle of the year.
The production of the plant is to be purchased mainly by domestic car manufacturers, therefore the company will make an important contribution to the implementation of the government’s policy of import substitution. In other words, Russia wants to bring the electric vehicle supply chain into the country.
It will be built in the western Russian exclave of Kaliningrad and is to produce battery cells for electric vehicles and energy storage systems from 2026. The initial volume of the Russian Gigafactory is now given by Rosatom as at least 3 GWh – one gigawatt hour more than previously announced.
The facility will produce energy storage systems and lithium-ion cells. Credit: TVEL Fuel Company. Russian energy storage company Renera has signed an agreement with the Kaliningrad regional government to build a manufacturing facility in Russia’s Western exclave region to produce energy storage systems and lithium-ion cells.
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