Thailand’s first semi-solid lithium-ion battery pilot plant is to be built within 10 months after a deal was signed by two of the country’s firms.
Energy firm Global Power Synergy Public Company (GPSC) and Thai Takasago Company have signed a contract to build the THB1.1 billion ($35 million) plant in the Rayong province of the country.
The project’s first phase’s of 30MWh is due to begin operations by December 2020. GPSC plans to expand the production capacity to 100 MWh by 2021.
The plant will be Thailand’s first semi-solid battery pilot plant.
Depending on future demand, GPSC will consider building a new giga-scale commercial battery plant with potential partners from power industry, electric vehicle manufacturing industry and other related industries.
The battery plant will use technology from the US semi-solid lithium-ion battery licensor 24M Technologies
GPSC plans to produce the battery to serve the needs of PTT Group at initial stage and will expand to Thailand and ASEAN market to meet rising demand in the region particularly in Laos, Myanmar, Cambodia, Vietnam, Indonesia and Philippines.