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Lithium-ion

Monbat moves into lithium-ion with German acquisitions

Mon, 07/03/2017 - 10:55 -- News Editor
Monbat moves into lithium-ion with German acquisitions

Bulgarian lead-acid battery manufacturer Monbat has moved into the lithium-ion business with the acquisition of German peers Gaia Akkumulatorenwerke and EAS Germany.

The financial terms of the acquisition were not disclosed, but Monbat said it had acquired 100% of all tangible and intangible assets of both companies and is merging them into the EAS Batteries business in Nordhausen, northeast Germany.

 

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Qualcomm confirms Amionx investment

Fri, 06/30/2017 - 09:51 -- News Editor
Qualcomm confirms Amionx investment

Qualcomm Incorporated said it has made a “strategic investment” in safe battery technology firm Amionx.

As part of the deal – the financial terms of which were not disclosed – Qualcomm president Derek Aberle (pictured) will join the board of Amionx.

 

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Panasonic and Pika Energy tie-up on ‘smart battery’

Fri, 06/30/2017 - 09:46 -- News Editor
Panasonic and Pika Energy tie-up on ‘smart battery’

Panasonic Eco Solutions North America said it is teaming up with US-based inverter manufacturer Pika Energy to offer the DC-coupled solar smart battery Harbor 10P/15P.

The companies, which plan to start shipping in late 2017, said Harbor Smart combines Panasonic’s lithium-ion battery modules and Pika Energy’s power electronics in one “slim, floor-standing, wall-mounted enclosure”.

 

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Private equity firm Foresight acquires UK battery storage facility

Tue, 06/27/2017 - 15:33 -- Xuan Zhong
Private equity firm Foresight acquires UK battery storage facility

Infrastructure and private equity firm the Foresight Group has acquired the utility scale Port of Tyne 35MW battery storage project in the UK from Renewable Energy Systems (RES) for an undisclosed sum.

Foresight said the acquisition of the lithium-ion project, which RES will continue to develop and then operate, “is the largest of the National Grid’s enhanced frequency response battery storage projects to attract investment from an infrastructure investment manager in the UK”.

 

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NEC signs deal with Chilean utility firm

Thu, 05/18/2017 - 12:37 -- Xuan Zhong
NEC signs deal with Chilean utility firm

Japan’s multinational technology firm NEC Corporation has signed a deal for a smart energy project in Chile. Through its subsidiaries NEC Chile and NEC Energy Solutions (NEC ES), it will supply a 2MW/2MWh lithium-ion battery energy storage system (BESS) to ENGIE Energía Chile (EECL), a Santiago-based utility company.

NEC Chile’s first smart energy project will be installed in the second half of 2017 in the city of Arica, in north Chile.

 

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US firms team up to provide ‘all-American’ solution

Tue, 05/16/2017 - 10:23 -- Xuan Zhong
US firms team up to provide ‘all-American’ solution

US lithium-ion energy storage firm Sunverge Energy and San Francisco-based solar installer PetersenDean Roofing & Solar are teaming up to provide an “all-American” energy solution to Californian homes.

Sunverge’s lithium-ion battery energy storage systems (BESS) allows Californian residents to capture the power they generate from their rooftops as well as automatically use it when demand and energy prices are highest. By integrating Sunverge’s energy management platform with each storage system, PetersenDean can offer backup power during electric outages.

 

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€300M ($327.5M) boost in NMC production

Mon, 05/15/2017 - 10:44 -- Xuan Zhong
€300M ($327.5M) boost in NMC production

Global materials technology and recycling group Umicore plans to invest €300 million ($327.5 million) between 2017 and 2019 to further increase its production of NMC (nickel-manganese-cobalt) cathode materials for lithium-ion rechargeable batteries.

The Brussels-based company says demand for its NMC materials from electric vehicle manufacturers is outpacing the market and the increased capacity will enable it to cater for a surge in orders. The investment in its plants in South Korea and China will also enable the company to meet growing demand for its proprietary high-energy LCO (lithium cobalt oxide) cathode materials used in high-end consumer electronics.

 

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Big shake-up in China’s Li-ion market

Mon, 05/15/2017 - 10:37 -- Xuan Zhong
Big shake-up in China’s Li-ion market

Sources within China’s battery industry suggest BYD might make its automotive lithium batteries available to other carmakers, while another leading lithium-ion battery maker plans to establish two joint ventures with state-owned SAIC Motor.

The informed sources suggest BYD will split its vehicle and battery manufacturing businesses, opening the door for BYD to supply its lithium iron phosphate (LFP) batteries and ternary lithium batteries to the wider market.

 

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Indian auto giant plans to make Li-ion batteries

Fri, 05/12/2017 - 09:44 -- Xuan Zhong
Indian auto giant plans to make Li-ion batteries

Indian automobile maker Maruti Suzuki India plans to develop hybrid electric cars as a consequence of a joint venture (JV) with Japanese battery makers, Indian business news website MintAsia reported.

"Nobody is producing lithium-ion batteries in India. To realize (electric) vehicles, we need lithium-ion batteries. That's why Suzuki decided to make lithium-ion battery packs here,” said Kenichi Ayukawa, managing director and chief executive of Maruti Suzuki India.

 

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Eguana makes a $1.8M Li-ion AC battery deal

Tue, 05/09/2017 - 10:56 -- Xuan Zhong
Eguana makes a $1.8M Li-ion AC battery deal

Eguana Technology, a Canadian power control solutions firm has received an additional C$2.5 million ($1.8 million) purchase order for its residential lithium-ion AC battery for the Hawaiian Customer Self Supply program from its partner E-Gear LLC, a US renewable energy business.

Eguana Technologies has been augmenting its energy storage partnership with Korean lithium-ion battery giant LG Chem since January and begun integrating LG Chem’s JH3 cell technology into its energy storage system (ESS) portfolio.

 

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