Tesla Motors sent shock waves through a myriad of different industries as it announced that, along with partner Panasonic, the Company would build a Lithium Ion battery factory by 2017. Not only will the Giga Factory dominate the battery market with 500k batteries produced annually slated for 2020, it will also reduce the cost by some 30%.
Industrial-scale solar energy and hydrogen technologies are important elements of a sustainable energy supply. Demand for efficient battery cells and battery systems as energy storage devices is growing. ThyssenKrupp System Engineering, a subsidiary of engineering specialist ThyssenKrupp Industrial Solutions, has now been commissioned by the energy research center Zentrum für Sonnenenergie- und Wasserstoff-Forschung Baden-Württemberg (ZSW) in Ulm, Germany, to design and build a fully automated pilot line for the formation of lithium-ion-based battery cells.
Saft, the world’s leading designer and manufacturer of advanced technology batteries for industry, has been awarded a contract from ECO-H Technologies, Inc. for the delivery of the first Intensium® Flex Li-ion battery system to power and store energy for the ECO-H System. This initial contract will lead to other potential system deliveries upon success.
Batteries have not traditionally been an integral part of the utility grid, primarily due to concerns about cost, safety, durability, and efficiency. Today, however, technological advances in electrochemistry have enabled a new generation of advanced batteries to start playing an important role in grid management.
Malaysia's Prasarana Transit has announced that BYD Co. Ltd. won the bid to supply 15 new battery electric transit buses. As Malaysia first, as well as Southeast Asia's largest electric bus public bidding project, BYD beat out competitors from around the world for this historic project.
EnerSys, the global leader in stored energy solutions for industrial applications, today announced that it has completed the acquisition of UTS Holdings Sdn. Bhd. headquartered in Kuala Lumpur, Malaysia (UTS). UTS and its subsidiaries Battery Power International Pte. Ltd. and IE Technologies Pte. Ltd. based in Singapore are regional market leaders with 20 years' experience in providing motive power and reserve power solutions within the Southeast Asian markets.
WattJoule Corporation, a developer of next-generation flow battery energy storage systems, has entered into an intellectual property licensing agreement with Battelle.
Lithium ion (Li-ion) batteries are rechargeable batteries witnessing increasing adoption in consumer electronics and automotive applications. India is one of the major Li-ion markets, exhibiting double digit growth. The demand for lithium ion batteries has increased exponentially due to growing demand for smartphones and tablet PCs over last few years.
Lithium-ion battery is used in a variety of markets, such as consumer electronics, automotive, and industrial. The global lithium-ion battery market is expected to experience good growth and reach $24.2 billion by 2018. The prime drivers of the market are growing demand of electronic products, automotive vehicles, etc. Trends are favorable for growth across the industry; however, significant differences in growth potential among the application markets and regions exist.
The CoLaBats initiative works in provide new industrial processes for the recycling of the critical metals Cobalt and Lanthanides and key economic metals Nickel and Lithium, from waste batteries, significantly improving recycling efficiencies and metal purity from existing recovery routes. Tecnalia will operate the pilots in an industrial setting at battery recycling plants and demonstrated to the wider recycling and battery communities.
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