Portugal has made a critical stride in its ambition to become Europe’s leading lithium producer for battery manufacturing. This came as Portuguese authorities gave a nod to Savannah Resources’ environmental impact assessment (EIA) for the Barroso project, which is set to become Western Europe’s largest lithium mine. This development will considerably bolster Europe’s standing in the battery manufacturing industry, particularly in segments such as Electric Vehicles (EV) and Energy Storage Systems (ESS). Local manufacturers stand to gain significantly from this progress, as having a large-scale lithium source within Europe mitigates the complexities and vulnerabilities associated with global supply chains.
Amp Fusion has recently hit two significant milestones in its growth journey. First, the company has successfully submitted the PT2030 grant application for EU funding to support the construction of its manufacturing facility. After fruitful discussions with the evaluation team, Amp Fusion is optimistic about receiving approval in the forthcoming months, a move that will solidify the company’s financial grounding. Secondly, Amp Fusion has initiated the legal groundwork for the establishment of its state-of-the-art manufacturing facility by applying for a building permit at the municipality of Montemor-o-novo. These substantial achievements highlight the company’s commitment to its ambitious expansion plans, aligned with its sustainable, clean energy vision.
About the company:
Amp Fusion, based in Montemor-o-novo, Portugal, is a dynamic new entrant in the clean energy sector. With a primary focus on the development and manufacturing of battery modules and plug&play large-scale energy storage systems, Amp Fusion caters to commercial and industrial applications. The company purchased 3 adjacent industrial lots with clear title earlier this year and is poised to set new industry standards with its fully sustainable facility design, boasting a net-zero carbon footprint. This is achieved through on-site photovoltaic energy production and strategic supplier partnerships. The facility is uniquely designed around a fully-automated, robotic manufacturing line. This cutting-edge setup ensures not only the highest quality, safety, and reliability of Amp Fusion’s products but also a high output, capable of meeting the constant and increasing demand in the clean energy market.
Barroso lithium mine & Amp Fusion milestones
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