Thailand-based energy company Bangchak has made a “significant” undisclosed investment in US-based advanced lithium-ion battery tech developer Enevate.
CEO of California-based Enevate, Robert Rango, said the deal meant Bangchak becomes “an important partner in our mission to provide advanced battery technology that will help drive the growth of global EV markets with as little as five-minute charging times”.
Researchers at the University of California San Diego say they have improved the safety of a recycling process that regenerates degraded cathodes from spent lithium-ion batteries.
The research is part of a larger effort under the US ReCell Center initiative to promote ithium-ion battery recycling.
Project leader Zheng Chen (pictured), a professor of nanoengineering affiliated with the Sustainable Power and Energy Center at UC San Diego, said: “Due to the rapid growth of electric vehicle markets, the worldwide manufacturing capacity of lithium-ion batteries is expected to reach hundreds of gigawatt hours per year in the next five years.”
A lithium-ion battery storage system has been ‘booked in’ to a hotel in Scotland as part of an energy efficiency trial project.
The Gyle Premier Inn at Edinburgh Park, owned by brewing giant Whitbread, said the 100kW battery has the capacity to run the hotel— “including powering meals cooked” at its bar and grill— for up to three hours daily.
The battery functions by drawing power from the National Grid during off-peak periods and takes two hours to fully charge.