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Panax to double electrolyte output within three years with second plant

Wed, 09/25/2019 - 14:51 -- Paul Crompton

Korean firm Panax Etec has finished building its second lithium-ion electrolyte manufacturing plant in Tianjin, China, according to Korean media.

The company plans to produce around 10,000 tons of electrolyte at the new plant by 2021 to take advantage of ‘Europe’s growing secondary battery market’.

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Hyundai signs MoU to use second-life lithium-ion batteries in ESSs

Wed, 09/11/2019 - 15:01 -- Paul Crompton
Hyundai signs MoU to use second-life lithium-ion batteries in ESSs

South Korea’s vehicle OEM Hyundai Motor Group has committed to a joint project with Korea-based energy solution firm OCI to reuse second-life lithium-ion batteries from EV’s in energy storage systems (ESS). 

The systems will be used in solar power generation applications following the signing of a memorandum of understanding on 9 September.

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Work starts on two 100MW lithium-ion BESSs in Ireland

Mon, 09/09/2019 - 10:11 -- Paul Crompton

Korean-Irish partners have broken ground on two 100MW lithium-ion battery energy storage projects in Ireland that will provide back-up power to support grid stability and reliability as the country increases its use of wind and solar power.

South Korea’s Hanwha Energy Corporation and Irish partners Lumcloon Energy said €150 million (US$165m) had been invested to develop the sites in County Offaly.

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SK Innovation ‘in battery venture talks with VW, China’

Fri, 04/12/2019 - 12:54 -- Hugh Finzel

South Korea’s SK Innovation (SKI) is reportedly in talks to establish two separate battery production joint ventures— one with Volkswagen and another with Chinese partners.

SKI confirmed talks with Volkswagen in an interview with Reuters, saying the two companies were discussing building a factory together. SKI also said I was “on the cusp” of agreeing plans to build a plant in China with “undisclosed partners”.

The president of SKI’s batteries business YS Yoon told Reuters: “Our strategy is to keep up with technological advancement by having relationships with some of our key customers. Compared with rivals, we’ve been matching or exceeding investment in the (EV batteries) area since last year.”

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SK Innovation building Polish battery plant

Fri, 03/29/2019 - 10:42 -- Hugh Finzel

SK Innovation is to start work on a factory in Poland to manufacture lithium-ion battery separators (LiBS) and ceramic coated separators (CCS) for electric vehicle batteries in Europe.

The South Korean group will break ground on the plant site in Województwo Śląskie in southern Poland in the third quarter of 2019— and expects to begin mass production in the third quarter of 2021.

SK Innovation intends to invest €335 million (US$378m) to realise four LiBS production units and three CCS production units on the 270,000 square metre site.

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SK Innovation starts work on US battery factory

Tue, 03/26/2019 - 12:58 -- John Shepherd
Artist's impression of SK Innovation's EV plant

SK Innovation has broken ground on a US$1.1 billion electric vehicle batteries production plant in the US state of Georgia.

The South Korean group said the plant would have an annual production capacity of around 60 gigawatt-hours of lithium-ion batteries annually by 2022— when full production is slated to start.

SK Group vice-chairman Choi Jae-Won said the facility— being built on a 278-acre site in Commerce City— would be completed in the second half of 2021 and help to strengthen Korean-US economic cooperation.

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Second Korean collaboration for BMZ Group

Mon, 01/07/2019 - 00:00 -- Hugh Finzel
BMZ's Sven Bauer and Samsung SDI's Michael Son at the contract signing

Germany’s BMZ Group and South Korea’s Samsung SDI have entered a long-term cooperation agreement to jointly promote the expansion of electromobile applications in the European market.

Karlstein-based BMZ said Samsung SDI, “one of the world's largest cell manufacturers, will rely in the future on BMZ as system supplier for battery systems, integration and software”.

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Samsung 'to expand China battery production'

Mon, 12/17/2018 - 00:00 -- Hugh Finzel

Korean electronics giant Samsung is to invest US$2.4 billion in order to expand battery manufacturing in Tianjin, northern China, according to a report by the state-run Xinhua News Agency.

The Tianjin municipal government has reported that the investment will be used to expand the power battery lines for automotive batteries, and to establish a multi-layer ceramics capacitors (MLCC) factory in the city.

Tianjin is already a well-established manufacturing base for Samsung, with 10 affiliated companies currently in the municipality, pumping out products reportedly worth a combined total of around CNY84bn ($12.2bn) annually.

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Kokam deploys ‘high energy’ BESS systems in South Korea

Mon, 12/03/2018 - 00:00 -- John Shepherd

South Korean battery company Kokam has been selected to provide photovoltaic-connected battery energy storage systems for two projects in the country.

Kokam will deploy its high energy lithium nickel manganese cobalt oxide (HE NMC) battery technology for the projects, which total 40 megawatt-hours (MWh) of BESS capacity.

The storage systems are needed for renewable capacity firming and energy time shifting, Kokam said.

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Sri Lanka firm advances on lead and edges into lithium

Fri, 06/29/2018 - 11:00 -- Xuan Zhong
Sri Lanka firm advances on lead and edges into lithium

Sri Lanka lead-acid firm Associated Battery Manufacturers Ceylon (ABM) is reportedly set to launch a new start-stop battery onto the market— and make its first foray into lithium with a Korean partner.

The new battery, developed in partnership with the Sri Lanka Institute of Nanotechnology, is expected to help “increase vehicle fuel efficiency by 12%”, CEO M Ramachandran (pictured) was quoted as telling the Daily News.

 

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