GES is an innovative SME specialising in the battery sector with a revolutionary 100% green, hydrogen-based hybrid gas/liquid technology platform. Its aim is to create a new generation of batteries that are non-toxic, safe, that operate at room temperature, and consist of readily available materials. In this regard, GES has recently received from the European Union and the Italian government, with the signing of the Decree of Grant by the Ministry of Economic Development, access to funds for 53 million euros for the IPCEI Batteries 2 project, dedicated to the research and development of innovative solutions along the entire battery value chain.
Among the objectives of the new GES/De Nora partnership: to maximise battery performance in terms of power, density, and life cycle with increasingly high-performance and economically sustainable components; to strengthen and optimise the mutual exchange of industrial expertise on the one hand and research and development on the other; to speed up GES technology roadmap and accelerate the timeframe for the pre-commercial validation of the hydrogen battery.
The agreement also aims to develop a shared path that can lead GES to the final leap of its technological maturity and De Nora to a position in the growing market of storage. For GES, the project is part of a broader R&D framework that also makes use of a solid network of industrial partnerships.
"We are proud to be able to announce this collaboration with an authoritative and recognised leader such as De Nora, a made-in-Italy multinational, a reference point in sustainable technologies and in the emerging green hydrogen industry," emphasises Salvatore Pinto, president of Green Energy Storage. "We thus consolidate our integrated research roadmap with industrial partnerships, in this case on electrolyte and catalyst components. Furthermore, we toast this first step with the goal that the agreement with De Nora is only the beginning of a long and solid collaboration for many aspects of our technology."
"Hydrogen is central to European and global energy transition and we need to accelerate the development of the most promising technologies to industrial scale. In partnership with Green Energy Storage, De Nora will contribute to the consolidation of this revolutionary technology with its 100 years of experience as a technology leader in the electrochemical industry and the start-up enthusiasm that sets us apart," says Christian Urgeghe CTO of De Nora.
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Industrie De Nora
Industrie De Nora is an Italian multinational company, listed on Euronext Milan stock exchange, specialized in electrochemistry, a leader in sustainable technologies and with a key role in the industrial green hydrogen production chain. The Company has a portfolio of products and systems to optimize the energy efficiency of key industrial electrochemical processes and a range of products and solutions for water treatment. Globally, Industrie De Nora is the world's largest supplier of activated electrodes (serving a broad portfolio of customers operating in the fields of chlorine & caustic soda production, components for electronics, non-ferrous metal refining). Industrie De Nora is also among the world's leading suppliers of water filtration and disinfection technologies (for the industrial, municipal, and marine sectors) and the world's leading supplier of swimming pool disinfection components. Leveraging its well-established electrochemical knowledge, proven manufacturing capability, and a supply chain established over the years, the Company has developed and qualified a portfolio of electrodes and components to produce hydrogen through the electrolysis of water, which is critical for the energy transition.
Founded in 1923, Industrie De Nora had total revenues of €616 million and EBITDA of €127 million in 2021. The Company's growth process has developed both organically, through continued penetration of new markets and applications, and through acquisitions in the U.S., Asia, and Europe. The Company’s growth is supported by continuous innovation well represented by its evolving intellectual property portfolio, which currently includes more than 260 patent families with more than 2,600 territorial extensions. The Company's portfolio includes a stake (about 34 percent) in the thyssenkrupp NUCERA joint venture, a world-leading engineering company in chlorine production and water electrolysis plants to produce hydrogen. The Group is controlled by the De Nora family, which owns approximately 55 percent of the Company’s share capital, with Snam S.p.A. as a minority shareholder with about 26 percent of the capital.
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