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SolarEdge, Kokam open 2GWh cell plant in South Korea

Green Car Congress

SolarEdge Technologies and SolarEdge’s subsidiary, Kokam Limited Company, a provider of lithium-ion batteries and integrated energy storage solutions, announced the opening of “Sella 2”, a two gigawatt-hour (GWh) battery cell manufacturing facility.

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BNEF: energy storage is a $1.2-trillion investment opportunity to 2040

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The falling cost of batteries is set to drive a boom in the installation of energy storage systems around the world in the years from now to 2040, according to the latest annual forecast from research company Bloomberg NEF (BNEF). The global energy storage market will grow to a cumulative 942GW/2,857GWh by 2040, attracting $1.2

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South Korea Has $41 Billion EV Battery Plan

CleanTechnica EVs

South Korea has a 40.6 The nation unveiled the plan and noted that LG Energy Solution, SK Innovation, and Samsung SDI will be key players. trillion won ($41.2 billion) plan to become an even bigger EV battery giant by the end of the decade, The Business Times has reported. They are already three of the […].

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BNEF ups forecast for global investment in stationary energy storage, sees majority of capacity likely to be grid-scale

Green Car Congress

Energy storage installations around the world will multiply exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). Global cumulative energy storage installations. Source: BloombergNEF.

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GlobalData: Global battery energy storage market to grow by 7% to reach $13.13B by 2023

Green Car Congress

The global battery energy storage market will to grow to $13.13 Asia-Pacific (APAC) and EMEA will be the dominant markets for battery energy storage systems over the forecast period 2019-2023. With respect to technology, Lithium-ion is and will continue to be, the preferred technology for market deployment.

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NEO Battery Materials doubles target annual production to 240 tons for silicon anode commercial plant

Green Car Congress

With a 5% loading of NEO’s silicon into the anode material of the lithium-ion battery, which implies a 19-to-1 ratio between graphite and silicon, the initial capacity of the commercial plant will be able to supply to 160,000 electric vehicles.

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Sweden’s Northvolt reveals it has built the first lithium-ion battery cell in Europe

Teslarati

Swedish battery manufacturer Northvolt announced that on December 28th, it successfully produced the first lithium-ion battery cell to be designed, developed, and built completely in Europe by a homegrown company. Northvolt Ett’s first Prismatic Lithium-ion cell. Credit: Northvolt).