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lead-acid

GS Yuasa unveils lead-lithium energy storage platform

Mon, 02/18/2019 - 00:00 -- John Shepherd

Japan-based lead and lithium group GS Yuasa has unveiled a dual chemistry energy storage system that “combines the fast response of lithium-ion with the endurance of lead-acid”.

GS Yuasa said the container-based system is the “world’s first energy storage platform where lead acid and lithium-ion batteries are combined to feed a power conversion system”.

The battery giant partnered with Infinite Group, the University of Sheffield and Innovate UK to develop the ‘Adept’ (advanced multi-energy management and optimisation time shifting platform) system.

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Canada Rolls out expansion funding for lead-acid

Mon, 02/11/2019 - 00:00 -- Hugh Finzel
James Surrette (right) with local MP Bill Casey

Canadian deep cycle lead-acid battery maker Surrette is expanding its production facility in Nova Scotia, to “boost its global competitiveness and spur business growth”.

The 25,000 sq. ft. expansion to the Surrette Battery Company’s Springhill plant will be accompanied by the incorporation of “advanced robotics and automation” at its production facility.

Contrary to many wider fears of the undesirable effects of automation, Surrette’s actions will cause them to hire an additional 18 “highly-skilled workers”, taking their total roll-call to 100.

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GS Yuasa expands in Germany for sales push

Mon, 01/14/2019 - 00:00 -- Hugh Finzel
Osamu Murao

Japan-based battery giant GS Yuasa is leasing new premises in Germany to expand its business.

The lead-acid and lithium-ion battery manufacturer has leased around 7,300 square metres of logistics space at Krefeld, in North Rhine-Westphalia, northwest of Düsseldorf.

The lease at the new Segro Logistics Center Krefeld II has a term of more than 10 years and starts in April 2019.

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Enersys completes Alpha Technologies acquisition

Mon, 12/17/2018 - 00:00 -- John Shepherd

Lead-acid battery maker Enersys has completed a US$750 million deal to acquire US-based Alpha Technologies.

Enersys president and CEO David Shaffer said the finalisation of the deal, unveiled last month, creates the only fully-integrated DC power and energy storage solution provider for broadband, telecom and energy storage systems.

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Study slams EU on lithium recycling and praises 'climate-friendly' lead

Mon, 11/12/2018 - 00:00 -- John Shepherd

More than half of Europe’s used batteries “disappear” without proper treatment because of “outdated” recycling rules and inadequate targets for collecting lithium-ion batteries, according to a damning report.

The study criticises the European Union’s Batteries Directive for lacking “a target or provisions for a monitoring system” to keep track of uncollected batteries— which are said to be fuelling health and safety fears by being dumped with household waste.

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C&D Technologies to acquire Trojan

Mon, 11/12/2018 - 00:00 -- John Shepherd

US-based lead-acid battery maker C&D Technologies has agreed to acquire Californian deep-cycle lead manufacturer Trojan Battery in a deal that will create a combined company with more than US$1 billion of revenue.

Pennsylvania-based C&D, a portfolio company of KPC Capital Partners, will acquire Trojan from owners Charlesbank Capital Partners and other shareholders.

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Trojan rolls into lithium territory

Mon, 11/05/2018 - 00:00 -- John Shepherd

Californian deep-cycle lead-acid manufacturer Trojan Battery is expanding with an incursion into the lithium sector.

Trojan said its new line of ‘Trillium’ “intelligent lithium-ion batteries”, with a life expectancy of “more than 5,000 cycles”, targets deep-cycling requirements across a wide range of stationary and motive power applications.

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EU energy chief’s about-face on lead-acid?

Mon, 10/29/2018 - 00:00 -- John Shepherd
Maroš Šefčovič with Maroš Šefčovič

The European Union’s energy chief has given his first public indication yet that he personally believes advanced lead-acid batteries can be part of the bloc’s future energy mix, despite months of moves against the technology by European institutions.

Maroš Šefčovič, the European Commission vice-president spearheading EU ‘energy union’ policies, told BEST Battery Briefing that all advanced battery technologies should be deployed— and should benefit from R&D grant aid— if they meet strict new environmental requirements in terms of sustainability in production and supply of materials.

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Monbat drops plans to acquire control of Assad

Mon, 10/22/2018 - 00:00 -- John Shepherd
Assad battery

Bulgarian lead-acid battery manufacturer Monbat has dropped plans to buy a majority stake in Tunisian lead firm Assad.

The decision to scrap the deal, announced last year, came amid reports of an alleged pending legal case concerning the land on which Assad built its production plant— and concern that Monbat would be unable to retain control of an Assad subsidiary in Algeria because of proceedings in that country.

Monbat declined to comment in detail, but a spokesperson said: “In the course of the final stage of the due diligence of L’accumulateur Tunisiene Assad, there were subsequent matters disclosed which are challenging the originally expected value creation and are increasing Monbat’s level of enterprise risk.”

Other projects being financed by Monbat’s recent corporate bond issue are under way and an update will be issued to investors in due course, the Sofia-based company said in a filing with Bulgaria’s Financial Supervision Commission.

Monbat said it would “sustain its investment selectivity and focus on those business projects in the current pipeline, which provide the best match between return and operational risk”.

Assad, founded in 1974, designs, manufacturers, distributes and recycles lead-acid batteries for applications, including automotive, marine, solar, industry and telecoms.

Assad has reported a combined annual production capacity of 1.2 million batteries. The firm’s recycling arm was launched in 2002 to recycle around 10,000 tons of used batteries from the Tunisian market each year.

Monbat was founded in 1959, privatised in 1998 and is now a leading European battery producer. The company has production and recycling plants in three countries and exports worldwide.

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Monbat drops plans to acquire control of Assad

Mon, 10/22/2018 - 00:00 -- John Shepherd

Bulgarian lead-acid battery manufacturer Monbat has dropped plans to buy a majority stake in Tunisian lead firm Assad.

The decision to scrap the deal, announced last year, came amid reports of an alleged pending legal case concerning the land on which Assad built its production plant— and concern that Monbat would be unable to retain control of an Assad subsidiary in Algeria because of proceedings in that country.

Monbat declined to comment in detail, but a spokesperson said: “In the course of the final stage of the due diligence of L’accumulateur Tunisiene Assad, there were subsequent matters disclosed which are challenging the originally expected value creation and are increasing Monbat’s level of enterprise risk.”

The full story is only available in our FREE weekly industry newsletter, so sign-up to get it delivered to your inbox every Monday.

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