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lithium-ion battery

Storage start-up Romeo Power completes battery pack plant

Thu, 11/23/2017 - 10:24 -- Xuan Zhong
Storage start-up Romeo Power completes battery pack plant

California energy storage start-up Romeo Power has completed construction of a 113,000 square-foot lithium-ion battery pack manufacturing facility in Los Angeles.

The announcement comes three months after Romeo— which boasts a workforce including “top engineers and designers” from business rivals Tesla— secured $30 million in seed financing.

 

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CATL plans $1.98bn IPO for domestic battery sites

Mon, 11/20/2017 - 10:32 -- Xuan Zhong
CATL plans $1.98bn IPO for domestic battery sites

Chinese lithium battery giant Contemporary Amperex Technology Co Ltd (CATL) is planning a CNY13.12 billion ($1.98bn) initial public offering to expand its automotive battery business.

CATL said in a Shenzhen Stock Exchange announcement the move will ensure the firm keeps pace with the rapidly-expanding electric vehicle and energy storage markets.

 

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Swedish cities to share Northvolt’s Li-on Giga operation

Thu, 10/26/2017 - 10:54 -- News Editor
Swedish cities to share Northvolt’s Li-on Giga operation

Swedish lithium-ion battery maker Northvolt AB is to partner with two of the countries’ cities to set up what it says will be “Europe’s largest and most cutting-edge lithium-ion battery manufacturing” operation.

Northvolt said the ‘Gigafactory business’ will be split between the cities of Skellefteå in the north— which will host the production factory— and the central Sweden city of Västerås— where key research and development operations will be located.

 

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India’s Amara Raja ‘eyes expansion into Li-on’

Tue, 10/17/2017 - 09:33 -- News Editor
India’s Amara Raja ‘eyes expansion into Li-on’

Indian lead-acid battery maker Amara Raja Batteries is reportedly preparing to branch out into “alternative chemistries” as part of business expansion plans.

Amara chairman Ramachandra N Galla told India’s Business Standard: “We expect to finalise the technologies and the investment plans in a year or two. The work on research, capital costs and partnerships is currently under way.”

 

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Tesla opts for Samsung over Panasonic for Australia project

Thu, 10/12/2017 - 09:29 -- Xuan Zhong
Tesla opts for Samsung over Panasonic for Australia project

The Powerpacks Tesla is providing for its South Australia battery project will use lithium-ion battery cells from Samsung SDI— instead of those from its long-term partner Panasonic, BBB has confirmed.

South Australia’s state government announced in July it had chosen the US tech giant to deliver “the world’s largest” battery system in the region.

 

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Battery storage plant to power UK homes

Thu, 10/05/2017 - 09:44 -- News Editor
Battery storage plant to power UK homes

UK energy supplier Centrica has unveiled a three-megawatt battery facility in northeast England as part of a local-authority scheme to power homes.

Centrica said the facility, which includes six lithium-ion Y.Cube units produced by Germany’s Younicos, is capable of supplying energy to a total of 3,000 homes in and around the town of Gateshead for one hour. The facility has minimum response time of 140 milliseconds.

 

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Canada funding for Novonix

Fri, 09/08/2017 - 09:55 -- News Editor
Canada funding for Novonix

Canada’s government is investing CAD500,000 ($396,000) in Nova Scotia-based battery testing equipment provider, Novonix Battery Testing Services Inc.

Lithium-ion specialist Novonix, which became wholly-owned by Australian mining minnow Graphitecorp earlier this year, said the funds from the Atlantic Canada Opportunities Agency would help it expand its international marketing.

 

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Enel subsidiary to install NY batteries

Wed, 09/06/2017 - 16:51 -- News Editor
Enel subsidiary to install NY batteries

US-based Demand Energy, wholly owned by Italian utility Enel Group, has announced it will build a total of 2.5MW/10MWh of energy storage in New York City with 11 projects.

Demand has been selected by New York City’s distribution grid operator to supply behind-the-meter (BTM) C&I (commercial and industrial) and multi-unit residential systems.

 

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RES in new battery storage sale

Fri, 08/25/2017 - 14:14 -- News Editor
RES in new battery storage sale

London-listed investment company TRIG has acquired 100% of an energy storage project in Scotland for GBP20 million ($26m) from renewable energy developer RES (Renewable Energy Systems).

The 20MW energy storage site in Broxburn, equipped with Samsung SDI’s lithium-ion technology, was developed and will be operated by RES.

 

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China battery materials site plan

Wed, 08/23/2017 - 11:55 -- News Editor
China battery materials site plan

A Chinese company has announced plans to build an anode materials production base for lithium-ion batteries in Inner Mongolia.

Ningbo Shanshan Co., Ltd said its New Materials Technology subsidiary had proposed the facility in Baotou, at an estimated investment cost of CNY3.8 billion (around $570m).

 

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