“Future environmental protection regulations will drive ship owners to adopt new alternative solutions to those currently based on internal combustion engines, in order to produce and use energy. Faced with the need for greater storage capacity, lithium-ion batteries today are the only solution that is both technically and economically sustainable for full electric vessels, which currently makes them one of the most important assets not only for the naval industry, but also for all the other sectors where we will be able to operate with this new company” – Giuseppe Bono, CEO at Fincantieri.

“We are proud of this partnership with Fincantieri, the symbol of the Italian shipbuilding excellence and more”. Natali added: “In a green energy setting, lithium-ion batteries and energy storage systems will be the new “fuel tank” for the maritime and land mobility of the future. Together with Fincantieri, this is the vision that guided us towards creating Power4Future, a name that reveals our commitment to future generations to do our best for a completely green future” – Gianfranco Natali, Presidente e fondatore del Gruppo Faist. 

POWER4FUTURE is the new joint venture company established by Fincantieri SI, a Fincantieri Group leading company acting as integrator and manufacturer of electric propulsion and cold ironing systems for the marine industry, and Faist Electronics, a Faist Group company specialized in the development and supply of complete energy storage systems (including control and power electronic devices). The Mission of POWER4FUTURE is to produce  lithium-ion batteries, followed by the design, assembly, marketing and after-sales services for modules and battery packs, including control devices such as battery management systems (or BMS) and ancillary systems (such as fire protection and air conditioning for complete battery stationary systems): the expected cumulative production capacity exceeding 2 GWh in 5 years.