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Bestmag News

Industry news

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

India’s Amara Raja ‘eyes expansion into Li-on’

India’s Amara Raja ‘eyes expansion into Li-on’

Indian lead-acid battery maker Amara Raja Batteries is reportedly preparing to branch out into “alternative chemistries” as part of business expansion plans.

 

Monbat boosts investment plans with EUR30m bond issue

Monbat boosts investment plans with EUR30m bond issue

The board of Bulgarian lead-acid battery manufacturer Monbat has given the go-ahead for the firm to issue seven-year corporate bonds worth up to EUR30 million ($35.4m).

China set for energy storage sector boost

China set for energy storage sector boost

China has announced plans to support a “transformation” of its energy storage industry over the next decade— focusing on the development of an array of technologies including a pilot high performance lead-carbon capacitor battery system.

EU urged to include lead in ‘batteries alliance’

EU urged to include lead in ‘batteries alliance’

Lead producers are urging EU leaders to urgently rethink proposals to invest in setting up a Europe-wide ‘batteries alliance’ that would fail to include the region’s powerhouse lead-acid battery industry.

Nickel-zinc start-up opens second US plant

Nickel-zinc start-up opens second US plant

Montana-based nickel-zinc battery start-up ZAF Energy Systems Inc., is opening a second facility, in Missouri, to “dramatically expand” existing production capacity.

Panasonic plans Japan batteries expansion

Panasonic plans Japan batteries expansion

Japanese tech giant Panasonic Corporation is stepping up domestic production of prismatic lithium-ion batteries to meet what it said is increasing demand for electric vehicles.

Czech lithium mine deal signed

Czech lithium mine deal signed

The Czech government has signed an agreement to cooperate on developing the country’s Cinovec lithium deposit with Australian- and UK-listed mineral exploration and development company European Metals Holdings Limited (EMH).

Tesla opts for Samsung over Panasonic for Australia project

Tesla opts for Samsung over Panasonic for Australia project

The Powerpacks Tesla is providing for its South Australia battery project will use lithium-ion battery cells from Samsung SDI— instead of those from its long-term partner Panasonic, BBB has confirmed.

Molten salt ‘heating up storage market’— IEA

Molten salt ‘heating up storage market’— IEA

Molten salt is “becoming the standard” for energy storage systems coupled with solar power in new markets, according to a study by the International Energy Agency (IEA).

Daimler plans EV batteries plant in Alabama

Daimler plans EV batteries plant in Alabama

Daimler is to build a new battery manufacturing plant in Alabama for its Mercedes-Benz subsidiary— which has confirmed it is to start making electric vehicles in the US.

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