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A new report has revealed that USD 350 million was invested globally in advanced lithium-ion technologies during the first half of 2019. Analyst firm Wood Mackenzie‘s ‘Global energy storage outlook, Q3 2019′ indicates more than USD 350 million invested globally in advanced lithium-ion technologies during the first half of 2019. It was just over USD 600 […]
The global lithium-ion battery market is expected to reach USD 93.1 billion by 2025, growing at a CAGR of 17.0%, according to a new report by Grand View Research, Inc. Increased usage of lithium-ion batteries in electric vehicles, portable consumer electronics and grid storage systems owing to its high energy density and high safety level […]
Among many things, 2024 will probably remain a marker for the momentum it built up for Battery Energy Storage Systems (BESS). So sharp has been the pick up here that even countries like the UK which had special focus on Pumped Hydro Storage (PSP) have changed rules in recent weeks to allow BESS projects to […]
The role shall focuses on developing cost models and designing solutions for BESS and PSP projects, particularly for renewable energy tenders (FDRE, RTC) and C&I consumers. Responsibilities include bottom-up costing, technology evaluation and LCOE/LCOS analysis for various storage durations and applications. The role involves structuring storage solutions for C&I clients under different models (Open Access, […]
A new Lithium Manganese Iron Phosphate (LMFP) cathode active material developed by Integrals Power could increase the real-world range of electric vehicles (EVs) by extending the useable capacity of the battery under high discharge conditions, the firm has claimed. It said that the conventional Lithium Iron Phosphate (LFP) chemistries experience a reduction in useable capacity […]
2024 marked a year of continued growth and adaptation in the global battery industry. Global electric vehicle (EV) sales climbed 25% to 17.7 million units, with Battery Electric Vehicle (BEV) demand up 14%, while Plug-in hybrid electric vehicles (PHEV) demand surged 50%. For the first time, battery electric vehicles (BEVs) in China have reached price […]
Integrals Power has successfully demonstrated that its proprietary Lithium Manganese Iron Phosphate (LMFP) cathode active material for battery cells can deliver high energy discharge rates (C-rates) while retaining very high levels of capacity retention. Validated at C-rates up to an extreme 10C, the tests found that at 5C, the LMFP material retained 92% of its […]
Researchers at the Seoul National University of Science and Technology (South Korea) have now found a new innovative way to boost the performance of Lithium-ion batteries. Lithium-ion batteries are considered key to the success of Electric Vehicles globally. The new research is likely to boost the use of Lithium-ion batteries in EVs and improve their […]
The evolution of the electric auto industry revolution is in full swing—1 in 4 vehicles sold globally in CY24 was electric, a leap from 1 in 40 just five years ago, finds SBI Caps report. The report accredited this latest growth to lower operating costs, cushioned by tax breaks and subsidies making EVs more accessible […]
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