Sunlight Group Energy Storage Systems has set up a new subsidiary to deal with lead-acid battery recycling and processing. CEO Lampros Bisalas said its Greek and international network will make it a global leader in recycled lead.
Production will double to 100,000 tons per year, which will cover half of Sunlight’s manufacturing needs, it said. The company will also supply 23,000 tons to third parties in Europe. Bisalas added: “This strategic move reinforces our commitment to a sustainable future, circular economy practices and environmental stewardship.”
The Greek company said Sunlight Recycling’s establishment as a strategic business unit within the Sunlight group aims to accelerate the expansion in the global lead recycling market. It will leverage synergies with the group’s collection operations in Greece, Europe, Australia and the US, where Sunlight group has subsidiaries.
Sunlight’s recycling activity remains at the existing plant in Komotini, Greece. But it has been transferred to Sunlight Recycling. The company claims it is one of the most advanced lead-acid battery recycling plants in the world.
It is certified by the EU’s Eco-Management and Audit Scheme (EMAS), and Sunlight group’s UBATT companies in Germany.
Bisalas said: “In its new form, Sunlight Recycling will be one of the largest secondary lead producers in the world… Our aim is to become a leader in the recycling sector, verticalising our production process even further, expanding our collection of used batteries in Europe and America through our network of subsidiaries, but above all to become even more competitive.”