Industry news

Lebanon is reportedly issued a call for developers to build a series of battery energy storage systems in the country as part of a solar power project.

Hong Kong-listed FDG Electric Vehicles has reportedly started the first-phase of construction of its EVs and batteries production facilities in Jianyang, in China’s Sichuan Province, according to the state Xinhua News Agency.

Belgian nanoelectronics and digital tech firm Imec says it has made “an innovative type of solid-state lithium-ion battery” that is set to be a “contender” to power future fast-charging, long-haul vehicles. 

KULR technology, a major player in thermal management from everything from semi conductors to datacentres announced at the Florida International Battery Seminar and Exhibit that it would be commercialising a key tool developed by American state-owned labs for the investigation of lithium battery fires.

Chinese battery maker Narada Power has posted a 30% sales rise for 2017— which boosted net by profit by 16% over the previous year.

A new US-Korean joint venture has announced plans to launch a major lithium-ion batteries recycling operation in the US.

The growing impact of lithium-ion power in the traditional lead acid traction market could be seen last week at Modex in Atlanta— a major US supply chain trade fair.

Another Chinese-South Korea investment deal has been done to produce lithium battery materials in China— in the latest sign of a thaw in economic tensions between the countries.

An independent report by Germany’s independent and non-profit Oeko-Institut has urged the European Union that, when it comes to lithium batteries, to follow the example set by the lead-acid industry in recycling batteries to create a “sustainable” system for conserving raw materials and reusing EV batteries for energy storage.

Armenia is reportedly in talks with Tesla over plans to kickstart a national energy storage plan.