The German enterprise ElringKlinger (EK) has signed a framework agreement on a joint venture (JV) for lithium-ion battery technology with Sichuan Chengfei Integration Technology Co Ltd (CITC) from China.
The JV will focus on the development, production, and distribution of lithium-ion battery modules for the global automotive market in Asia, Europe, and the United States.
German firm Quinos is to provide its lithium-ion energy storage systems for two hybrid off-grid applications in the coming months.
Energy company Innogy SE has bought fellow German large-scale lead-acid energy storage system firm Belectric Solar and Battery.
The two companies signed the relevant share purchase agreement — believed to be in a high double-digit million Euro range— at the end of August, but completion was only announced on January 3.
German lithium-ion energy storage system firm the Sonnen Group has completed a $85 million financing round to strengthen its domestic and international market share.
The financing enables Sonnen to continue growth in its energy sharing platform sonnenCommunity and further expansion into the US, Australia, UK and Italy.
German battery storage companies have had a strong business showing in the first half of 2016 with Sonnen in the lead.
According to recent analysis by EuPD Research, around 12,700 solar energy storage systems were sold within the first half of 2016 with a significant share of storage solutions by German companies.
German vehicle-maker Audi is in the middle of testing a 48V lithium-ion system for full electric and mild-hybrid vehicles.
The prototype system allows the battery to offer 0.5 kWhs and a peak output of 13 kW through the use of electromechanical rotary dampers to harness regenerative breaking energy.
German solar energy firm Solarwatt is revving up to unleash its ‘MyReserve’ lithium-ion energy storage system onto the UK residential market.
The move has come on the back of rising energy prices in the UK, says Solarwatt international sales manager Pol Spronck
An announcement by a senior German official that all new cars must be emissions-free by 2030 will give a massive boost to the lithium battery industry.
German Deputy Economy Minister Rainer Baake said combustion-engine cars will be banned as part of the country’s aim to reduce C02 emissions by 80% before 2050.
German carmaker BMW has become the latest automaker to develop home energy storage systems using car batteries.
BMW will work with compatriot firm Beck Automation to use complete new or second life i3 battery packs as its offering.
BMW’s version, which was revealed at the Electric Vehicle Symposium & Exhibition in Montreal, will differ from Tesla’s and Daimler’s in using the entire battery pack, and the 22kWh or 33 kWh system will be capable of powering an average home for a full 24 hours, the company claims.
BMW claims the batteries will retain most of their original capacity after the vehicle has finished with them, and that they will offer years of in-home service afterwards.
Second-life MINI E batteries will be used to create a stationary solar energy storage system at BMW's technology office in Mountain View, California.
Daimler AG began delivering its first home energy storage systems in April this year, following months of commercial deliveries.
Its lithium-ion storage units are manufactured by Deutsche Automotive.