Harmony Energy Trade Income (HEIT), a battery energy storage fund investment company, announced that Europe’s largest battery energy storage project has officially opened. The battery energy storage project has an installed capacity of 98MW/196MWh, which can supply about 300,000 households in the area with two-hour backup power. The battery system is the Megapack product developed…
On March 14, the Korean Economic Daily quoted related news that after the expiration of the supply agreement between Tesla and BYD earlier this year, Tesla did not ask BYD to continue to supply blade LFP batteries for the Tesla Model 3 standard version. Korea Economic Daily analyzed that there may…
The price of raw materials such as lithium carbonate continues to fall, and the price of energy storage equipment may usher in an inflection point. Recently, the prices of major raw materials such as lithium carbonate have continued to decline. Taking the price of battery grade lithium carbonate, the cathode raw material of lithium iron…
Since the price of lithium carbonate fell on November 22, the market price of lithium carbonate has continued to fall, but the enterprises in the industrial chain there are still investing heavily. A number of listed companies have continued to increase their stakes, and tens of billions of projects have been launched frequently. Since the…
China’s lithium iron phosphate (Lifepo4) industry is accelerating its “going overseas”. Including lithium iron phosphate batteries and materials, the global layout of lithium iron phosphate materials has been gradually expanded through exports, cooperation with overseas companies, and the establishment of local factories. On the one hand, Chinese lithium battery companies export LFP batteries through Chinese…
In 2021, the supply of many materials for lithium batteries will be tight and prices will soar, causing cross-border entrants to flock to the market. Especially in the sector of LFP materials, in addition to traditional LFP cathode material enterprises, including the companies of ternary cathode material, phosphorus chemical , titanium dioxide chemical, etc. have…
The competitive landscape of the lithium battery industry is changing dramatically, which is bringing unprecedented challenges to the supply chain of lithium battery materials. The arrival of the TWh era is simultaneously bringing opportunities and challenges to the upstream material industry chain of lithium batteries. Opportunity with the accelerated development of…
Lithium battery defects are broken one by one, new double-layer solid-state batteries target EV, energy storage and other markets It is reported that US battery start-up Ion Storage System is currently building a production facility for its unique “double-layer solid-state battery” and plans to achieve an annual output of 10 MWh by the end of…
Price dynamics of lithium battery materials : Lithium battery cathode & raw materials Products Lowest Highest Average % Ternary material (111) 34.3 35 34.65 – Ternary material 5 series (power) 33.3 33.8 33.55 – Ternary material 5 series (single crystal) 34.5 35 34.75 – Ternary material 5 series (digital) 33.2 34.3 33.75 – Ternary…
Global demand for household energy storage lithium batteries is growing rapidly Affected by the situation in Russia and Ukraine, the epidemic, etc., the energy and electricity prices in Europe have soared, and the market demand for household battery energy storage systems BESS and energy storage lithium batteries has greatly increased Driven…
Earlier, Goldman Sachs published a forecast that cobalt and lithium prices will drop sharply in the next two years, and the battery metal market immediately shook. But London-based Benchmark Mineral Intelligence has publicly rebutted, outlining the reasons it believes lithium price forecasts are wrong. US analyst Wood Mackenzie also said that the battery raw material…
US battery maker KORE Power wins UK supply deal for 20MWh battery storage project, KORE Power’s 12GWh KOREPlex lithium battery plant to be commissioned next year. Battery manufacturer KORE Power will supply batteries for a 10MW/20MWh battery energy storage project that ABB is developing with UK green energy provider Ecotricity. \ BESS…