FLARES is an innovative project in the field of rare events searches, such as the search for the neutrinoless double beta decay. It aims at demonstrating the high potential of a technique that combines ultra-pure scintillating crystals with arrays of high performance silicon drift detectors, operated at about 120K, to reach a 1% level energy resolution. The proposed technique will combine in a single device all the demanding features needed by an ideal experiment looking for rare events. The performance of a first production of matrices of silicon drift detectors as well as first measurements of the low temperature light yield of a selection of high purity scintillating crystals will be presented and discussed.