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Seri Industrial, Eni Industrial Evolution form FAENIX joint venture for energy storage battery sales

PUBT·07/13/2026 10:06:41
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Seri Industrial, Eni Industrial Evolution form FAENIX joint venture for energy storage battery sales
  • Seri Industrial formed FAENIX - European Energy Storage with Eni Industrial Evolution to commercialize batteries made in Italy.
  • FIB, a Seri group unit, holds 70% of the venture. Eni Industrial Evolution holds 30%.
  • FAENIX will market LFP-based utility-scale BESS for renewables integration, grid stability.
  • The platform supports the Teverola-Brindisi battery chain, including supply chain management, engineering, R&D.
  • The Teverola-Brindisi buildout targets 16 GWh/year combined capacity, aiming for more than 10% of Europe’s stationary BESS market.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Seri Industrial S.p.A. published the original content used to generate this news brief via SDIR, the Italian regulatory disclosure system (Ref. ID: 0503-12-2026_TELEBORSA.pdf), on July 13, 2026, and is solely responsible for the information contained therein.