Plans to develop an 18 GWh lithium-ion battery factory in northern Queensland have reached an important milestone with the project feasibility study submitted to the Queensland government.
EU industry body EUROBAT has called for the bloc to adopt a battery industrial strategy and has pushed the claims of domestic manufacturers in the same manner as India has, as the race hots up to dominate the global energy storage market.
While some of the industry insiders gathered at REI 2019 have made predictable calls to be free of the restrictions imposed by regulators, others maintained policy support is crucial and audience members voiced concern about India’s lack of recycling rules.
The U.S. company claims its 300 MW manufacturing plant in Hyderabad will deliver a fully integrated and customizable system solution of solar panels, lithium battery packs and controllers under a single roof.
The energy storage company is ramping up R&D efforts to try and fast-track commercialization of the more productive – and more expensive – battery tech. The news was announced as part of an uninspiring first-half update thanks to falling lithium salt prices.
Pilot-scale operations at a facility near Mumbai successfully recycled the spent Li-ion batteries. The company seeks to eventually scale up the capacity to recycle 500 tonnes of spent Li-ion batteries.
The energy storage market is set to be the latest affected by Trump’s trade war as lithium-ion batteries were excluded from the group of Chinese imports for which the U.S. president announced tariffs would be delayed until December 15.
The joint venture company—Khanij Bidesh India Limited (KABIL)—will help India to secure strategic minerals from abroad for manufacturing of solar energy storage and EV batteries.
The global installed capacity will grow from a modest 9 GW/17 GWh as of 2018 to 1,095 GW/2,850 GWh in the next two decades. Just 10 countries will account for almost 75% of the overall gigawatt market, with China, USA, India and Germany leading the pack.
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