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IHS Markit: average cost of lithium-ion battery cell to fall below $100/kWh in 2023

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The average cost of a Li-ion battery cell—used to power electric vehicles and to provide flexibility in the power grid as more renewables, such as solar and wind, are added will fall below $100 per kilowatt hour (kWh) in the next three years, according to a new analysis by IHS Markit. Cost is the name of the game.

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DOE awarding $73.9M to 10 battery recycling projects

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The new funding will support research and development projects to address: Advanced Materials Separation, Scale-Up, and Reintegration for Lithium-Ion Battery Recycling for the Battery Supply Chain; and. An Environmentally Sustainable Solution to Completely Recycle and Upcycle Lithium-Ion Battery Components. 10,000,000.

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Hydro-Québec and Sony forming JV to develop large-scale Li-ion energy storage system for power grids

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Hydro-Québec and Sony Corporation will establish a joint venture to research and develop a large-scale energy storage system for power grids. Sony and Hydro-Québec plan to establish the new company in June, 2014.

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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.

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ROSATOM subsidiary acquires 49% stake in Korean battery maker Enertech; planning gigafactory in Russia

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RENERA LLC, ROSATOM’s integrator company for the energy storage business (subsidiary of TVEL Fuel Company of Rosatom) is acquiring a 49% share of Enertech International , a South Korean manufacturer of electrodes, lithium-ion cells and energy storage systems. The start of the first stage of production is scheduled for 2025.

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Ultrathin transition metal silicate nanosheet cathode material for Li-ion batteries supports reversible two-lithium-ion capacity

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Researchers from Tohoku University, Japan, have developed novel ultrathin Li 2 MnSiO 4 nanosheets for use as a cathode material in lithium-ion batteries. The material shows reversible two-lithium-ion capacity in conjunction with good cyclability without any structural instability up to 20 cycles. MWCNT coating.

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JERA and Toyota deploy first large capacity Sweep Energy Storage System with second-life batteries

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JERA, the largest power generation company in Japan, responsible for about 30% of Japan’s electricity, and Toyota Motor have built and deployed the first large-capacity “Sweep Energy Storage System”. The project plans to operate grid storage batteries for recharge and discharge operations, connected to the Chubu Electric Power Grid Co.,