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BNEF: China dominates the Li-ion battery supply chain, but Europe is on the rise

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China dominates BloombergNEF’s (BNEF) lithium-ion battery supply chain ranking in 2020, having quickly surpassed Japan and Korea that were leaders for the majority of the previous decade. While Europe is launching initiatives to capture more of the raw material value chain, the US is slower to react on this.

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Octillion Power Systems moves US headquarters to Richmond, Calif.; Li-ion packs for transportation and stationary storage

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Octillion Power Systems, a global provider of advanced lithium-ion batteries, has moved to a new US headquarters in Richmond, California. With demand for lithium-ion batteries continuing to grow, the new facility gives us a lot more space to expand. Octillion also supplies batteries for the energy-storage market.

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BNEF: Li-ion battery pack prices rise for first time since 2010 to an average of $151/kWh

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Rising raw material and battery component prices and soaring inflation have led to the first increase in lithium-ion battery pack prices since BloombergNEF (BNEF) began tracking the market in 2010. Packs in the US and Europe were 24% and 33% higher, respectively. —Yayoi Sekine, head of energy storage at BNEF.

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Study sees gradual, focused replacement of lead-acid SLI batteries by Li-ion batteries over next couple of years

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A study by a team of researchers from Germany and South Africa forsees the gradual replacement of lead-acid SLI (starter, lighting and ignition) batteries with Li-ion batteries over the next couple of years. That will see an uptake of more hybrid-, plug-in hybrids and BEVs in the EU. —Ferg et al. Schuldt, J. 2019.03.063.

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LG Chem and Eguana partner on Li-ion residential energy storage system for North America

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Eguana Technologies, a supplier of power control and conversion solutions for distributed energy storage systems and Li-ion manufacturer LG Chem have combined their technologies under a multi-year agreement to deliver a certified, fully integrated energy storage system (ESS) Eguana calls “AC Battery”.

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Mitsubishi Heavy to supply 500 kWh (normal) containerized Li-ion energy storage system to power grid of Orkney Islands

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(MHI), jointly with SSE plc (formerly Scottish and Southern Energy plc), will begin an energy storage system demonstration project using the power grid in the UK’s Orkney Islands, which has a high proportion of renewable energy generation in relation to demand. In the project, Mitsubishi Power Systems Europe, Ltd.

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Toshiba to supply Li-ion battery energy storage system for frequency regulation project in US

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Toshiba Corporation has received an order to supply a large-scale battery energy storage system (BESS) for a power frequency regulation project in Hamilton, Ohio. The project will be carried out by Sumitomo Corporation, Sumitomo Corporation of Americas and Renewable Energy Systems Americas, a US renewable energy developer.