Sunlight Group, a member of Olympia Group and a technology company offering integrated, innovative energy storage solutions, has completed a strategic investment programme worth €75.6m at the facilities of its subsidiary, Sunlight Technosystems, in Kilkis. With the investment programme complete, Sunlight Group now meets 85% of its needs for key battery components and structural elements in-house.
The strategic investment reflects Sunlight Group’s firm commitment to developing an autonomous production model in response to global supply chain challenges, the company said in a statement.
By strengthening its vertical integration and production autonomy, Sunlight Group is safeguarding business continuity and ensuring uninterrupted service for customers, while contributing decisively to Europe’s energy and industrial autonomy.
Specifically, the group is gaining autonomy at critical stages of the production process, reducing its reliance on external suppliers and laying the foundations for faster development and market launch of new products. It is also optimising operating and transport costs, strengthening quality control and increasing the resilience of its supply chain, bolstering its competitive position in international markets.
The investment supports Sunlight Group’s ability to offer international customers more comprehensive, one-stop-shop solutions, combining the production of critical components with the development and manufacture of complete energy storage systems.
“The completion of the investment at Sunlight Technosystems reflects our strategy of making long-term investments in infrastructure and production capabilities that strengthen the group’s competitiveness in a global market with ever-increasing demands.
We are investing in developing expertise in-house, production autonomy and advanced technologies that enable us to develop new products faster, reduce production costs and offer our customers high-quality, comprehensive solutions.
At the same time, we remain firmly committed to “Made in Europe” production, strengthening our industrial footprint in Greece and supporting employment and economic activity in a border region such as Kilkis. We believe that building a strong European industrial base is essential to Sunlight Group’s long-term competitiveness and resilience,” said Lampros Bisalas, Sunlight Group’s chief executive.
Vertically integrated production and four new products
The investment programme was carried out along two main lines:
- Expansion of the facilities, which now cover 34,450 sq m on company-owned land, incorporating a new 28,000 sq m Metal Boxes unit and a 1,250 sq m Plastic Battery Cell Containers unit into the existing structures.
- Production of four new products requiring high precision and essential for assembling industrial batteries. The new production capacity is 375 traction battery boxes, 19,200 plastic lead-acid cell containers, 15,000 sealing elements and 23,000 battery connectors per day, significantly expanding the company’s production footprint.