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Lead battery maker Exide Industries increases stake in Leclanché JV

India’s biggest lead-acid battery maker Exide Industries has increased its stake in Nexcharge— the lithium-ion joint venture (JV) it formed with Leclanché in 2018.

Exide increased its shareholding in the JV by 2.28% to bring its total ownership share to 80.15%, the Indian firm said in a stock exchange filing on 23 November.

India

lead-acid

battery

Exide Industries

Germany’s Jungheinrich and Triathlon launch batteries joint venture

German firms Triathlon Batteries and Jungheinrich have formed a joint venture company “focused on the production and recycling of lithium-ion battery systems”.

Jungheinrich, known as a forklift truck manufacturer, will have a 70% majority stake in the new company— JT Energy Systems— which is set to start operations in Glauchau in August 2019.

The partners, who both produce a range of lead-acid and lithium-ion batteries, are staying tight-lipped about details of the new business and did not respond to BEST Battery Briefing’s requests for interviews.

lithium-ion batteries

Joint Venture for pipeline solar-plus-storage projects

8minutenergy Renewables, JP Morgan, and “an affiliate of Upper Bay Infrastructure Partners”, announced that they have entered a joint venture to support 8minutenergy’s 10.7GW pipeline of utility solar-plus-storage projects.

The joint venture will, along with investment from 8minutenergy’s owner and CEO, Tom Buttgenbach, will raise over US$200 million in capital commitments.

“We have been the largest and most successful solar developer in California and have expanded our cost leadership across the US”, commented Buttgenbach. “A testament to our low-cost leadership is the 420MW Eagle Shadow Mountain Solar plant in Nevada, which at 2.3 cents/kWh fixed for 25 years, holds the record for the lowest-price solar PPA in the nation.

JCI and Toshiba to work on lead-lithium dual-battery systems

Johnson Controls International’s (JCI) soon-to-be-sold Power Solutions business, is joining forces with Toshiba to manufacture lithium-ion batteries that will be “paired” with lead-acid battery technology as part of dual-battery systems for carmakers.

JCI, which has agreed to sell Power Solutions to US and Canadian investment firms, said the partners will develop and make the lithium-ion batteries at JCI’s Holland plant in Michigan.

battery manufacturing

Joint Venture (JV)

hybrid batteries

Albemarle set to invest in Australian lithium joint venture

US chemicals company Albermarle has signed an exclusivity agreement to create a potential lithium joint venture in Western Australia.

Albemarle said the agreement with Mineral Resources Limited (MRL) could lead to the creation of a 50-50 joint venture to own and operate the Wodgina hard rock lithium mine in the state’s Pilbara region— and “ultimately develop an integrated lithium hydroxide operation at the site”.

Albermarle

USA

Mineral Resources Limited

Leclanché joins marine energy storage partnership

Swiss battery manufacturer Leclanché has been selected to supply “customised marine energy storage” systems for Norway-based technology group Kongsberg.

Through this partnership, Leclanché will deliver “one of the largest single marine battery system orders to date” for nine vessels totalling 45 megawatt-hours of capacity.

Switzerland

Leclanché

marine battery storage

germany

exide

Joint Venture (JV)

Joint Venture to bring sodium nickel battery to market

Chinese battery maker Chaowei Group has established a Joint Venture (JV) company with General Electric to bring to market a sodium-nickel-chloride battery.

The JV sees Chowei’s subsidiary Chaowei Lvna and US firm GE’s subsidiary General Electric Technology Development (GETD) joining forces to develop the technology.

sodium-nickel-chloride

battery.