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Swedish zinc-ion battery developer Enerpoly raises $600K grant from Vinnova

Enerpoly team
Picture credits: Enerpoly

Sweden-based Enerpoly, a zinc-ion battery developer, has been awarded a two-year grant from Vinnova, the Swedish Governmental Agency for Innovation Systems. The $600K grant will enable Enerpoly to industrialise and optimise the production of its breakthrough zinc-ion battery technology. With this, the total funding raised by the company accounts for €5 million. 

The main focus of this Vinnova grant will be to advance the complex industrial processes for fabricating electrodes for zinc-ion batteries. The aim is for Enerpoly to increase the volume and speed of various electrode fabrication steps up to 50-fold and reduce scrap.

“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,” said Enerpoly Co-founder and CSO Samer Nameer. “The Vinnova grant will help our team develop our technology and internal processes to meet the demands for a world powered by 100% clean energy.”

Anwar Ahniyaz, Senior Researcher at the Research Institute of Sweden who is working closely with the Enerpoly team on the grants initiatives, commented, “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.” 

Why zinc-ion battery technology?

Reportedly, 15x growth is expected in stationary energy by 2030. With this, Europe needs to rapidly scale production and development of battery technologies. Zinc-ion batteries are an effective energy storage technology to supplement renewable energy generation given they are affordable, sustainable and have a resilient supply chain, especially when compared to the more ubiquitous lithium-ion battery technology. It uses geographically constrained materials.

Electrode fabrication represents the most critical and challenging step in scaling up zinc-ion technology to the megawatt-hour (MWh) production levels required for large-scale stationary storage applications.

Co-founded in 2018 by Mylad Chamoun (CTO) and Samer Nameer (CSO), Enerpoly a Stockholm-based deep tech company using patented technology to develop and produce zinc-ion battery cells and packs. patented zinc-ion battery technology utilises zinc and manganese – globally available, cost-effective and recyclable raw materials that are sourced from Europe. 

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