Production of new innovative Li-ion batteries

29 December 2009

RUSNANO of Russia and Chinese Thunder Sky will jointly put a manufacturing plant for producing the latest innovative Li-ion batteries. This is the first project in which the new class of batteries produced will be aimed to meet the growing demands from all sphere of industries.

Thunder Sky of China is the lone company in the world engaged in the production of rechargeable micro and e0business storage batteries. The joint venture will put a manufacturing plant in Novosibirsk. This newly build plant at Novosibirsk will use the proprietary and patented technology of the Thunder Sky and will produce high capacity batteries.

The advantage of the Thunder Sky technology is that it is rapid and it only takes around half an hour for battery charging. Further with this unique technology, the cost of production and thus the sale price of Li-ion battery will be significant lower than the competitor’s battery price. The advantages of these batteries will be that these will be free from memory effect and thus can be used in public transportation system.

The plant is expected to be commissioned by the year 2011 and will start production in the same year with initial capacity of 300 million Ah, which will be further raised to 400 Ah by the year 2012. The joint project will be financed by RUSNANO, Thunder Sky Energy Group and a third partner. Initial invest by RUSNANO will be 2.2.4 billion rubles, Thunder Sky will also invest 2.24 billion rubles and the third partner will grant a loan of 3.9 billion rubles. RUSNANO will also extend a loan of 5.5 billion rubles to the newly formed company.

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