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Samsung 'to expand China battery production'

Mon, 12/17/2018 - 00:00 -- Hugh Finzel

Korean electronics giant Samsung is to invest US$2.4 billion in order to expand battery manufacturing in Tianjin, northern China, according to a report by the state-run Xinhua News Agency.

The Tianjin municipal government has reported that the investment will be used to expand the power battery lines for automotive batteries, and to establish a multi-layer ceramics capacitors (MLCC) factory in the city.

Tianjin is already a well-established manufacturing base for Samsung, with 10 affiliated companies currently in the municipality, pumping out products reportedly worth a combined total of around CNY84bn ($12.2bn) annually.

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Korean-German partners launch ‘sustainable cobalt’ project in DRC

Mon, 12/10/2018 - 00:00 -- John Shepherd

South Korean firms Samsung SDI and Samsung Electronics are teaming up with German car giant BMW and chemicals group BASF for a joint pilot cobalt mining project to “enhance sustainable mining” for batteries production.

The companies have signed a contract with the German overseas development support agency— Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ)— to launch the pilot in the Democratic Republic of the Congo (DRC).

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VW adds SK Innovation to battery cells suppliers group

Mon, 11/19/2018 - 00:00 -- John Shepherd
VW modular electric toolkit

Volkswagen has expanded its Asian network of electric vehicle battery suppliers to include South Korean manufacturer SK Innovation (SKI).

VW’s board member for procurement, Dr Stefan Sommer, said SKI would supply batteries along with South Korean peers LG Chem and Samsung, plus China’s Contemporary Amperex Technology (CATL). 

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Solid Power ‘to scale-up’ with investments boost

Wed, 09/19/2018 - 08:53 -- Hugh Finzel
Solid Power image

The venture capital arm of Belgium-based battery materials firm Solvay has made an equity investment in US-headquartered next-generation solid-state batteries developer Solid Power.

Solvay Ventures’ move came after Solid Power announced it had generated US$20 million in a Series A investment round, which drew funding from companies including Samsung, Hyundai cradle, Sanoh, and A123 Systems.

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Hype— the secret ingredient of ultra fast charging

Thu, 12/07/2017 - 10:15 -- News Editor
Hype— the secret ingredient of ultra fast charging

The race to bring fast charging to the mobile phone market through new battery developments reached a new peak last week with Samsung and relative newcomer Enervate using consumer electronic marketing and hype to bring their products to the global stage.

Enervate, the Irvine California developer of a silicon anode based battery system, was chosen by the gargantuan Las Vegas Consumer Electronics Show which takes place in early January as an ‘honouree’ in three categories — Vehicle Intelligence & Self-Driving Technology, Eco-Design and Sustainable Technologies, and Tech for a Better World — for its “groundbreaking” silicon-dominant lithium-ion battery technology.

 

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Romeo Power woos investors for storage start-up

Wed, 08/30/2017 - 10:14 -- News Editor
Romeo Power woos investors for storage start-up

California energy storage start-up Romeo Power— which boasts a workforce including “top engineers and designers” from business rivals Tesla— has secured $30 million in seed financing.

Romeo said on 24 August it was now pushing ahead with the installation of a fully-automated 113,000 square-foot manufacturing facility in Los Angeles that is set to be ready by the year’s end.

 

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Lithium-ion safety standards need upgrade after Samsung debacle

Tue, 01/31/2017 - 12:08 -- Paul Crompton
Lithium-ion safety standards need upgrade after Samsung debacle

Tougher lithium-ion design and manufacturing safeguards must be introduced to bring safety standards up to date following Samsung’s recall of its Galaxy Note 7 mobile phones, says a US agency.

Chairman of the US government agency Consumer Product Safety Commission Elliot Kaye made the call in a statement released last week.

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Samsung lithium-ion batteries power 30MW US storage system

Tue, 11/08/2016 - 09:26 -- Xuan Zhong

With buzzwords such as ‘environmentally friendly’ and ’green energy’ entering the energy industry lexicon batteries are proving the go to technology for grid scale projects integrating renewable energy.

The latest energy storage system (EES) to come on stream in the US will be powered by Samsung SDI America batteries and management system.

 
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Samsung launches range of Electric Vehicle battery cells at Detroit show

Fri, 01/22/2016 - 14:34 -- Paul Crompton
Samsung launches range of Electric Vehicle battery cells at Detroit show

Samsung SDI has unveiled a range of lithium-ion Electric Vehicle battery cell prototypes as the firm continues to stake its claim in the sector.

Launched at The North American International Auto Show in Detroit, one of the prototypes on the Korean electronic giant’s stand promises 94 amp hours (Ah), compared with the industry standard of between 26 and 28 Ah.

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E.ON and Samsung sign lithium-ion ESS MOU

Mon, 12/21/2015 - 11:05 -- Paul Crompton
E.ON and Samsung sign lithium-ion ESS MOU

One of Europe’s biggest utilities and a South Korean battery giant are set to join forces to take advantage of the growing lithium-ion energy storage system market.

Germany's top utility E.ON and battery firm Samsung SDI have signed a memorandum of understanding to pool together resources and knowledge to enter the market.

The ESS market is predicted to explode in 2016 as Tesla’s Powerwall and a number of rival residential and commercial systems come on stream.

E.ON said in a statement that both groups would develop "profitable energy storage solutions and... assess and develop a potential business model for targeting applications for lithium-ion batteries in selected regions and markets.”

As part of the agreement it is understood that E.ON and Samsung SDI will run battery projects in the United States, Germany, Britain and the Czech Republic, with the aim of expanding these to other countries.

No financial details were disclosed.

 

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