Stockholm-based Enerpoly, a zinc-ion battery developer, has been awarded a two-year grant of SEK 6.8M (approximately €586K) from Vinnova, the Swedish Governmental Agency for Innovation Systems.
Anwar Ahniyaz, Senior Researcher at the Research Institute of Sweden who is working with the Enerpoly team on the grants initiatives, says, “As a rising player in the zinc-ion battery industry, Enerpoly is charging ahead to put Sweden on the map as a thriving cleantech ecosystem and a hub for renewable battery development.”
“With a talented team of engineers with advanced R&D capabilities, the company is developing advanced energy storage solutions to support the growth of renewables and build a more sustainable world.”
Brief about Vinnova
Vinnova, under the Ministry of Climate and Enterprise, is Sweden’s national innovation agency and EU framework programme contact authority.
The agency provides government funding to Swedish companies to support sustainable practices and innovations, fostering collaborations and driving the country’s sustainable growth.
With about 240 employees, Vinnova operates from Stockholm, Brussels, Silicon Valley, and Tel Aviv, fostering innovation and research collaborations.
Cost-effective and clean zinc-ion batteries
Founded in 2018 by Dr. Mylad Chamoun and Dr. Samer Nameer, Enerpoly is based on research conducted at Stockholm University.
The company specialises in zinc-ion battery technology, utilising zinc and manganese as globally available, cost-effective, and recyclable raw materials sourced from Europe.
These materials are sourced from Europe, ensuring a more resilient supply chain and mitigating rising production costs.
Currently, Enerpoly has 14 employees and is led by CEO Eloisa de Castro and has raised €5M to date.
Capital utilisation
With the awarded Vinnova grant, Enerpoly aims to advance the industrial processes for fabricating electrodes for zinc-ion batteries. This initiative is crucial for scaling up zinc-ion battery production to meet the growing demand for stationary energy storage.
By improving the volume, speed, and efficiency of electrode fabrication steps, the grant aims to increase production capacity by up to 50-fold and reduce waste.
Samer Nameer, co-founder and CSO of Enerpoly says, “We couldn’t be more excited about being at the forefront of jump-starting the renewable energy transition. With the demand for batteries intensifying globally, the industry urgently needs the development and adoption of more sustainable and innovative battery solutions.”
“The Vinnova grant will help our team develop our technology and internal processes to meet the demands for a world powered by 100 per cent clean energy,” adds Nameer.