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26 January 2021

GES has been selected in the IPCEI program and will receive a contribution of 40M€ (60M in nominal value) in six years.

GES has been selected by the European Commission and MISE among the European entities involved in the IPCEI, an impressive European investment program for development, innovation and sustainability throughout the battery value chain. GES will receive a contribution of approximately 40M € in 6 years in current value (equal to over 60M € in nominal value) which will allow the creation of a technologically disruptive flow battery, 100% green and entirely European.

https://www.mise.gov.it/index.php/it/per-i-media/notizie/2041956-via-libera-dell-ue-al-secondo-importante-progetto-di-comune-interesse-europeo-ipcei-sulle-batterie
https://ec.europa.eu/commission/presscorner/detail/it/ip_21_226