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Ohio

LG Chem secures $5bn loan to build lithium-ion manufacturing plants as it announces US gigafactory plans with GM

Wed, 12/11/2019 - 14:14 -- Paul Crompton

Korean battery maker LG Chem has secured around $5 billion in loans to build lithium-ion manufacturing plants outside of the country between 2020 and 2024.

The money has been earmarked by a group of financial institutions led by the state-run lender Korea Development Bank (KDB), and which includes the Export-Import Bank of Korea and Nonghyup Bank.

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Lithium-ion batteries at heart of first municipal utility renewable energy system

Thu, 06/02/2016 - 11:13 -- Paul Crompton
Lithium-ion batteries at heart of first municipal utility renewable energy system

Energy storage firm S&C Electric Company has completed a 7MW lithium-ion system that combines solar energy and storage in Ohio, US.

The system was built in conjunction with Half Moon Ventures (HMV) and the local municipal utility, the Village of Minster.

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JCI to boost start-stop AGM production

Mon, 08/10/2015 - 11:19 -- Paul Crompton
JCI to boost start-stop AGM production

US battery manufacturer Johnson Controls is set to increase its existing lead-acid battery capacity in its Toledo, Ohio plant.

When the Toledo plant expansion finishes in 2016, it will expand the production of Absorbent Glass Mat (AGM) advanced batteries for Start-Stop vehicle applications.

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Li-ion powered ESS set to double utility’s Ohio capabilities

Thu, 06/04/2015 - 10:42 -- Paul Crompton
Li-ion powered ESS set to double utility’s Ohio capabilities

LG Chem is to supply lithium-ion batteries for a 2MW energy storage system aimed at increasing Ohio’s grid reliability and stability.

The storage project will help regulate electric grid frequency for PJM, the transmission organisation that powers the eastern side of the U.S.

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