Russian nuclear technology company ROSATOM has launched RENERA, an energy storage company. RENERA is incorporated on the basis of Cathode Materials LLC, an enterprise of TVEL Fuel Company of ROSATOM.

RENERA will develop and sell module-type lithium-ion traction batteries for electric vehicles, as well as energy storage systems for emergency power supply, renewable energy resources and smoothing load demand.

The current portfolio includes more than 120 ongoing and completed projects for the supply of lithium-ion energy storage devices (contracts previously concluded by a number of TVEL enterprises - Cathode Materials, NPO Centrotech and Novosibirsk Chemical Concentrates Plant).

A number of contracts have been implemented for modernization of logistics electric vehicles, as well as equipping substation DC systems and uninterrupted power supply systems with lithium-ion energy storage devices.

TVEL Fuel Company of ROSATOM incorporates enterprises for the fabrication of nuclear fuel, conversion and enrichment of uranium, production of gas centrifuges, as well as research and design organizations. It is the only supplier of nuclear fuel for Russian nuclear power plants.

TVEL provides nuclear fuel for 73 power reactors in 13 countries worldwide, research reactors in eight countries, as well as transport reactors of the Russian nuclear fleet. Every sixth power reactor in the world operates on fuel manufactured by TVEL.