Rosatom's TVEL Fuel Company’s subsidiary company for energy storage business RENERA and the Government of Kaliningrad Region have signed an agreement on accomplishment of an investment project, aimed at building of a plant for production of lithium-ion cells and energy storage systems in Russia’s Western exclave region. Enertech International Inc, a South Korean manufacturer of lithium-ion batteries and RENERA’s 49% subsidiary since 2021, will be the technological partner of the project. Its expertise and developments will enable manufacturing of products meeting high international standards.The plant for the production of lithium-ion cells and energy storage systems, the so called Russian gigafactory, will be launched at the Baltic NPP site already in 2026. Construction of the manufacturing facility will contribute to development of this industrial site. The full production capacity of the plant will be at least 3 GWh annuallyEnergy storage is an end-to-end technology in Rosatom’s portfolio of new businesses, which makes it possible to create high-tech products which are in demand in the new technological paradigm in compliance with the energy transition concept. Russian-made lithium-ion batteries should be used, in particular, in electric vehicles, power grids, uninterruptible power supply systems and energy consumption balancing systems.RENERA LLC is engaged in lithium-ion batteries for in-plant and logistics electrical engineering, and also offers solutions for emergency and uninterruptible power supply, smoothing peaks in the power grid, energy storage systems for hybrid systems. The company’s own R&D centre allows us to develop, along with typical systems, complex solutions for individual customer requirements. The team accompanies the project from R&D to production, and provides maintenance service.