China’s Hithium Launches New Energy Storage Battery Innovations at Energy Show

Chinese battery storage manufacturer Xiamen Hithium Energy Storage Technology Co. has launched its newest offerings in battery product innovations at RE+ 2022- an energy trade show in Anaheim, USA. As one of latest two game-changing batteries, Hithium released the 300Ah Prismatic Cell tailored for electric energy storage which is capable of achieving “zero” loss in the first 3 three years of use. The battery also has a long cycle life of 12,000cls and energy efficiency of 95%.

Hithium said that with further improved cycling times and highly-efficient energy output, compared to energy storage system using 280Ah cells, the one using Hithium 300Ah Prismatic cells can reduce LCOE by about 25.3%, improve IRR by about 18.4%, and save the initial investment by about 5%.

Hithium claims to be a leader in energy storage segment that specializes in R&D, production and sales of LFP energy storage batteries and systems.

Hithium also released the innovative 46mm Large Cylindrical Cell featuring a revolutionary shape that results in a 10% reduction in battery cost and ultra-high safety standards compared to typical prismatic cell. It said that the 46mm Cylindrical Cell records high consistency, an extra-long lifecycle and superior flexibility to residential energy storage.

In terms of safety, Hithium said that Large Cylindrical Cell results in a higher explosion-proof rating which is able to withstand a greater amount of pressure than conventional models. Both the 300Ah Prismatic Cell and the 46mm Large Cylindrical Cell will be ready for global delivery from the first quarter of 2023.

Hithium also showcased its full range of energy storage battery products at RE+. The company said that the products leverage innovative breakthrough technologies to improve the utility, C&I, and residential energy storage whilst providing safety, high efficiency, long cycle life and lower LCOE.

Scott Wang, Sales Director of Hithium Overseas Market, said, “Energy storage is an incredibly important industry, which contributes significantly to achieving carbon neutrality goals. This importance, coupled with support from policymakers and economic demand has already resulted in an immense growth in capacity.”