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Industry news

All the news and views from the world of energy storage and associated industries.

BMZ ‘secures cells supply’ with LG Chem deal

BMZ ‘secures cells supply’ with LG Chem deal

German lithium-ion battery developer and producer BMZ has signed a long-term battery cells supply deal with South Korea’s LG Chem.

Chilwee issues profits slump warning over lead 'overcapacity'

Chilwee issues profits slump warning over lead 'overcapacity'

One of China’s biggest lead battery manufacturers, the Chilwee Group, has said it expects to see first half-year profits “fall sharply” because of falling prices triggered by “overcapacity” in the domestic lead-acid sector.

 

JCI expands AGM manufacture in Germany

JCI expands AGM manufacture in Germany

Johnson Controls International (JCI) is to expand manufacturing of its advanced glass mat batteries in Germany.

 

US cash boost for energy storage research

US cash boost for energy storage research

The US Department of Energy (DOE) has announced a $30 million shot in the arm for energy storage research.

CATL ‘signs EV batteries deals with Daimler, Hyundai’

CATL ‘signs EV batteries deals with Daimler, Hyundai’

China’s Contemporary Amperex Technology (CATL) has reportedly been awarded contracts to supply electric car batteries to Germany’s Daimler and South Korea’s Hyundai Motor. 

New Li battery plant for southeast China

New Li battery plant for southeast China

Plans to build a “new energy” lithium battery industrial park with a total investment of CNY1.55billion($243.7 million) have been unveiled by the Liancheng County government in China’s Fujian Province.

Volkswagen ‘to buy EUR20bn of batteries from Asia’

Volkswagen ‘to buy EUR20bn of batteries from Asia’

Volkswagen has reportedly earmarked EUR20 billion ($25bn) to buy in lithium batteries for its electric vehicle business from China’s CATL, South Korea’s LG Chem and Samsung SDI.

Western Australia to develop lithium plant

Western Australia to develop lithium plant

An Australian-Chilean joint venture company has announced plans to develop a lithium refining plant in Western Australia (WA).

Convergent boosts storage with flywheels investment

Convergent boosts storage with flywheels investment

New York-based Convergent Energy+Power has acquired 40MW of flywheel projects to become “the biggest pure-play operator” of energy storage in North America.

Northvolt in battery materials deal with Nemaska

Northvolt in battery materials deal with Nemaska

Swedish lithium-ion battery maker Northvolt has signed an agreement in principle for the supply of battery grade lithium hydroxide supply from Canada’s Nemaska Lithium.

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