The joint venture between Japanese majors Toshiba, Denso and Suzuki aims to achieve annual production capacity of 30 million lithium cells by year 2025.
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 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.
Tariffs will be hiked down the value chain in order to encourage domestic solar manufacturing, which currently stands at just 3.2 GW for solar cells and 8.5 GW for solar modules.
The Palo Alto company says it has improved its large scale battery offering with the new product in the wake of the success of its Powerpack-driven big battery in Australia. The Megapack can be deployed at a 250 MW/1 GWh clean energy plant four times faster than a fossil fuel alternative, claimed the business in a blogpost.
“Lead-acid batteries are comparatively cheaper than other battery types such as Ni-MH and Li-ion. Moreover, these have the highest recyclability percentage of any product, and are therefore likely to find more takers owing to their reduced cost of production,” according to industry participants at the International Lead Conference held in Spain.
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