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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.

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Researchers developing DC micro smart grid for charging EV fleets; Li-ion, redox flow batteries and renewables

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A team from Fraunhofer Institute for Industrial Engineering IAO, together with Daimler AG and the Institute for Human Factors and Technology Management at the University of Stuttgart, is developing both the charging infrastructure and the energy management systems required to manage large fleets of EVs in a project called charge@work.

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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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China’s Guangdong Nuclear Power Corp orders BYD Li-ion battery back-up for nuclear plants

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China’s Guangdong Nuclear Power Corp (CGNPC) announced this week the results of the bidding for their largest high-power, high-capacity battery back-up stations to date, with BYD Ltd of Shenzhen winning the bid. A “National Energy Application Technology Research and Engineering demonstration project”, CGNPC plans to couple these 3.5

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Electrochemical energy storage startup SPARKZ licenses ORNL cobalt-free battery tech

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has exclusively licensed five battery technologies from the Department of Energy’s Oak Ridge National Laboratory (ORNL) designed to eliminate the use of cobalt metal in lithium-ion batteries. The advancement is aimed at accelerating the production of electric vehicles and energy storage solutions for the power grid. SPARKZ Inc.

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Ener1 signs strategic energy storage agreement with Russian National Grid Operator

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Li-ion battery manufacturer Ener1, Inc. has signed a strategic cooperation deal with a division of the Russian Federal Grid Company (FGC) to co-develop storage systems under a nation-wide grid modernization program. —Bruce Curtis, President of Ener1 Grid Storage.

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Panasonic to begin mass-production of long-life Li-ion battery system for solar-powered homes in Europe

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Panasonic Corporation will begin mass- production this month of a compact, secure and long-life lithium-ion battery system the company has developed for European homes. The lithium-ion battery system consists of the Panasonic battery module with nominal capacity of 1.35

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