South Korean lithium-ion battery company LG Chem Ltd has seized on a gap in the microgrid market by joining forces with US-based Ideal Power Inc.
China-based Shenzhen Senior Technology, a manufacturer of microporous separators, has licensed LG Chem’s Safety Reinforced Separator (SRS) technology.
Under the agreement, Senior has gained rights to use the SRS technology, which uses a ceramic coating on separator substrates to improve thermal deformation resistance and mechanical strength.
South Korea's LG Chem Inc. has secured a deal to supply lithium-ion energy storage systems (ESS) to Japan.
The nation's largest battery manufacturer will supply ESSs for four solar plants in a contract worth more 300 billion won (US$272.7 million).
German OEM Daimler’s subsidiary Li-Tec is to cease the production of lithium-ion batteries for electric vehicles (EV) at its plant in Kamenz, Germany, by the end of 2015.
According to the carmaker, the production of battery cells for electric and hybrid cars is not economical. "Our cells are very good, but at current production figures, far too expensive," Harald Kröger, head of EV research at Daimler, told German media outlet Der Spiegel. "We have realised that a car manufacturer does not have to produce the cells themselves," he added.
South Korea's LG Chem and Siemens have agreed to collaborate more closely on development and marketing of industrial battery energy storage systems (ESS).
The two companies signed a preliminary deal at Siemens' German headquarters in Erlangen, Bayern to cooperate on several major ESS projects over the next few years.
EV battery producers LG Chem and SK Innovation have withdrawn their patent lawsuit in the US and South Korea about inorganic material-coated separators.
The two companies agreed to not file any lawsuits over patents or seek damages for the next 10 years in Korea or overseas and cooperate in the electric vehicle battery business.
Southern California Edison (SCE) commissioned the largest lithium-ion battery storage system in North America on 24 September at its Monolith substation in Tehachapi, California.
The utility plans on running the 8MW/32MWh facility for the next two year to test the performance of the batteries in real-world conditions. It will also test how to automate and integrate the operations of the storage facility and its power onto the grid.
German carmaker Audi is to introduce a dual 12V/48V electrical architecture to future ICE (internal combustion engine) vehicles.
The 48V system features a lithium-ion battery and a DC/DC converter to integrate the 12V electrical system. The alternator achieves an energy recovery output of 10kW, adding up to a saving of up to 10g/km CO2, according to Audi.
Korean battery maker LG Chem has struck a deal with German automaker Audi to supply lithium-ion batteries for its next generation hybrid vehicles.
The 48V batteries will be used in Audi’s new plug-in hybrid and micro-hybrid vehicles. The lithium-ion batteries are to replace currently integrated 12V lead-acid batteries.
The price of lithium-ion batteries for electric vehicles and energy storage systems (ESS) have fallen by a third in the past year, according to a report by Korea’s Electronic Times.
It reports the price of mid-to-large lithium-ion secondary battery cells dropped from $500-600/kWh last year to $350/kWh. In South Korea, said to be less competitive than the global market, batteries are traded at $400-500/kWh.