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Lithium-ion

BP invests in batteries for China’s ‘new energy’ market

Thu, 08/16/2018 - 09:24 -- John Shepherd

Oil multinational BP is investing US$10 million in a fund aimed at powering the expansion of battery production and R&D for China’s new energy vehicle (NEV) industry.

The oil giant’s investment arm, BP Ventures, is investing in the NIO Capital US Dollar Fund to support work into “new materials including batteries, electric vehicles and related technologies, new energy infrastructure”.

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Firms to expand energy storage in Ontario

Tue, 08/07/2018 - 12:40 -- John Shepherd
Firms to expand energy storage in Ontario

Canadian and US firms are to develop eight behind-the-meter lithium-ion battery storage facilities in Canada’s Ontario province.

Toronto-based energy storage developer NRStor has signed an agreement with Chicago-based IHI Energy Storage to develop the combined 42 megawatt-hour facilities with commercial and industrial customers.

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Equinor plans battery electricity trading from UK

Tue, 08/07/2018 - 12:17 -- John Shepherd
Equinor plans battery electricity trading from UK

Norwegian energy firm Equinor is preparing to launch a pilot project for the trading of electricity using batteries alongside oil and gas.

An Equinor spokesperson told BEST Battery Briefing work had begun on creating a bespoke trading system at the company’s offices in London— where it has traded its oil and gas reserves since 1983.

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Voltabox to acquire Navitas in move on US lithium market

Tue, 08/07/2018 - 11:58 -- John Shepherd
Voltabox to acquire Navitas in move on US lithium market

Germany-based lithium-ion battery manufacturer Voltabox is set to acquire US battery tech firm Navitas Systems for US$43 million.

Voltabox, majority-owned by private equity company Paragon, said the move will increase its North American market access and give it entry into the production of highly specialised battery cells.

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New lithium-ion battery storage facility online in UK

Fri, 07/13/2018 - 09:55 -- Xuan Zhong
New lithium-ion battery storage facility online in UK

One of the UK’s biggest battery energy storage facilities to date has gone into operation in southeast England.

British Solar Renewables (BSR) said the 49.99-megawatt Stocking Pelham lithium-ion BESS, near Bishop’s Stortford, is connected to a nearby 400kV substation via a 132kV grid connection.

 

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NEC ES to launch storage project first in Brazil

Fri, 07/13/2018 - 09:54 -- Xuan Zhong
NEC ES to launch storage project first in Brazil

A battery storage system is being installed off the coast of Brazil as part of an environmental R&D project to boost the use of solar power and reduce reliance on diesel.

NEC Energy Solutions (NEC ES) is supplying the lithium-ion distributed storage system for the project, which will be ready to launch from next month, to help preserve the natural environment of the Fernando de Noronha archipelago (pictured), off the country’s northeast coast.

 

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Battery tech investors ‘face betting on wrong horse’, says report

Wed, 07/11/2018 - 14:07 -- Xuan Zhong
Battery tech investors ‘face betting on wrong horse’, says report

Battery makers will need to work as part of “innovative ecosystems” to successfully launch new technologies onto the market, according to a new report.

The report by consulting firm Arthur D Little said “no single company will be able to come out on top without the support of an intricate and dynamic innovation ecosystem made up of partners, start-ups and institutes”.

 

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Doosan follows Korean battery firms to Hungary with copper foil plant

Tue, 07/10/2018 - 12:11 -- Xuan Zhong
Doosan follows Korean battery firms to Hungary with copper foil plant

The Doosan Corporation has become the latest Korean player beating a path to Hungary to compete for a slice of Europe’s electric vehicle battery components business.

The company is to start building a battery-grade copper foil manufacturing plant in Tatabánya, northwestern Hungary this year— and begin producing 50,000 tons of the material annually from mid-2019.

 

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120 MW BESS partnership deal for UK

Fri, 06/22/2018 - 09:41 -- Xuan Zhong
120 MW BESS partnership deal for UK

US-based multinational Fluence is partnering with UK Power Reserve to commission the first phase of a 120-megawatt portfolio of battery storage facilities in the UK.

UK Power Reserve said the agreement with Fluence— a Siemens and AES company— “represents the single largest energy storage portfolio transaction with one technology provider announced in the UK to date”.

 

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Plural thinking needed on battery research

Mon, 06/18/2018 - 10:18 -- John Shepherd
Plural thinking needed on battery research

As EU bureaucrat Joanna Szychowska rolled out lines at last week’s Eurobat event in Brussels about the EU’s so called action plan for batteries— which is focused solely on lithium-ion— a lone voice from the International Lead Association called out for plurality in research and for inclusion for research funding for lead batteries.

Dr Alistair Davidson (pictured) extolled the virtues of lead which the Eurobat audience had heard many times before— safe, recyclable, low-cost and now innovative— explaining that the Advanced Lead Acid Battery consortium did all its R&D with just $5 million in funding as opposed to the billions the EU is about to put in the hands of  European researchers.

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