On October 8, 2020, Rosatom completed the establishment of the Nuclear Industry Integrator Company for business development in the field of energy storage.

RENERA is founded by Cathode Materials LLC, a subsidiary of the TVEL Fuel Company of Rosatom.

The company will develop and distribute modular lithium-ion traction batteries for electric vehicles, as well as energy storage systems for emergency power supply, renewable energy, and balancing demand.

The current portfolio comprises more than 120 ongoing and completed projects for the supply of lithium-ion energy storage. TVEL previously made contract with several companies including Cathode Materials, NPO Centrotech, and the Novosibirsk Chemical Concentrates Plant. Many contracts have been signed to upgrade electric logistics vehicles and to equip substations and uninterruptible power systems with lithium-ion energy storage systems.

“We provide our customers with a comprehensive solution, from feasibility studies to equipment installation and after-warranty service. We are committed to meeting individual customer requirements for technical specifications and offer flexible commercial terms. We are already carrying out lease projects and are planning to start leasing and life cycle contracts,” said RENERA’s general manager Emin Askerov.

Modular lithium-ion traction batteries are in great demand in the electric vehicle market and are one of the most cost-effective and technologically advanced solutions for intralogistics. These batteries can be recharged at any time and do not require separate storage space. Lithium-ion batteries are sealed and maintenance-free, explosion-proof, environmentally friendly (do not contain harmful acids), and work in a wide temperature range. Lithium-ion batteries are used in stationary energy storage systems due to their unique properties, including cycle numbers, voltage stability, and energy efficiency.