battery system manufacturer News
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DOE Announces $24.5 Million for Manufacturing Innovation to Build a Clean, Resilient Electric Grid
The U.S. Department of Energy this week announced up to $24.5 million to support improvements in domestic manufacturing to build resilient, modern electricity infrastructure and address the climate emergency. The two funding opportunities will back research and development for the materials and technologies needed to expand the grid with new, clean-energy sources, deliver affordable electricity ...
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Green Energy to the desert with our off grid systems
We have just delivered 31 off grid power systems to be installed in the Kingdom of Saudi Arabia. With 24V and 259Ah battery bank capacity each, the systems are designed and manufactured to work at a very harsh desert condition up to 55 deg C and will bring green energy to 31 ...
By Friem S.p.A.
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Lithium Ion Batteries for Electric Vehicles Will Surpass $26 Billion in Annual Revenue by 2023
The steady increase in sales of electric vehicles (EVs) has led to advances in EV batteries, particularly those using lithium ion (Li-ion) technology. While early hybrid vehicles featured nickel-metal hydride (NiMH) batteries, Li-ion batteries have taken over, particularly in the latest generation of plug-in electric vehicles (PEVs). Click to tweet: According to a new report from Navigant ...
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Lithium Ion Batteries for Consumer Electric Vehicles Will Surpass $24 Billion in Annual Revenue by 2023
Lithium ion (Li-ion) batteries have emerged as the leading battery technology for a wide variety of applications, including mobile devices, grid-scale energy storage, and electric vehicles (EVs). The market for Li-ion batteries for automobiles is expected to expand rapidly over the next 10 years, with battery electric vehicles (BEVs) for consumers drawing the largest share. Click to tweet: ...
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The market for Lithium Ion batteries for vehicles is expected to reach $30.6 billion in 2024
Growth in electric vehicle batteries is expected to be driven by premium, long-range vehicles and more affordable vehicles with higher driving ranges, report finds A new report from Navigant Research analyzes the global market for lithium ion (Li-ion) batteries for automotive applications, with market forecasts for capacity and revenue, segmented by vehicle type and region, through 2024. As ...
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Senior Management of New Energy Commits to Personally Buying Approximately $1 Million of Stock via Open Market Purchases
New Energy Systems Group (NYSE Amex: NEWN) ("New Energy" or the "Company"), a vertically integrated original design manufacturer and distributor of lithium ion batteries and backup power systems, today announced that the Company's senior management team (including its Chairman, CEO and CFO) has committed to personally buying approximately $1 million stock via open market purchases."On our recent ...
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Energy Capacity of Advanced Batteries for Utility-Scale Energy Storage Applications Will Grow 71 Percent per Year through 2023
Traditionally, the electricity grid has functioned mostly without any stored resources. Today, however, the rapid expansion of distributed, renewable energy resources is increasing demand for energy storage on the grid even as technological advances in electrochemistry are enabling advanced batteries to play an increasingly important role in grid management. Click to tweet: According to a recent ...
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Shanghai Dowell Technology Co Ltd (Dowell) is pleased to announce an expansion in its operations
Having been extremely successful in battery electricity storage systems in the domestic China market and having taken part in some of the biggest projects for battery electricity storage systems, the company has decided to expand operations. Previously the company had confined itself to offering EPC (Engineering, Procurement and Construction) and system integration services for the domestic ...
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Advanced Batteries for Utility-Scale Energy Storage Applications Will Surpass $2.5 Billion in Annual Revenue by 2023
Batteries have not traditionally been an integral part of the utility grid, primarily due to concerns about cost, safety, durability, and efficiency. Today, however, technological advances in electrochemistry have enabled a new generation of advanced batteries to start playing an important role in grid management. Click to tweet: According to a new report from Navigant Research, worldwide revenue ...
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Emera Technologies and Novonix Partner on Innovative Battery Technology
Emera Technologies and Halifax-based Novonix Battery Technology Solutions are working together to develop battery pack systems to support microgrids that will provide solar power directly to homes, and could lead to exciting future opportunities across North America. In the fall of 2020, Emera Technologies launched BlockEnergy, the first utility-owned community microgrid platform, and partnered ...
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Thermo Fisher Scientific Introduces New In-line Measurement and Control System for Manufacturers of Lithium-ion Batteries
The production of lithium-ion batteries is rapidly increasing, driven by the growth in demand for electric vehicles and renewable energy storage. Lithium-ion battery manufacturers are seeking to scale operations at an unprecedented rate, whilst maintaining quality, uniformity, traceability and safety in their battery products. The new Thermo Scientific LInspector in-line measurement and control ...
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Secretary Chu announces closing of $117 million loan guarantee for Kahuku Wind Power Project
Energy Secretary Steven Chu today announced that the Department of Energy has finalized a $117 million loan guarantee for Kahuku Wind Power, LLC, the owner and operator of the Kahuku Wind Power project. The project includes the development of an innovative 30 megawatt (MW) wind power plant that will supply electricity to approximately 7,700 households per year. According to company estimates, ...
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Hans Aage Hjuler steps down from the position as Chief Scientific Officer at Blue World Technologies
After more than two decades of creating record-breaking performance and durability results within the high-temperature PEM fuel cell technology, Hans Aage Hjuler has stepped down from the position as Chief Scientific Officer in Blue World Technologies in accordance with a mutual agreement. Being one of the first scientists to start research and development activities within HT-PEM technology ...
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Nuvation Energy Becomes Reseller of EVLO Energy Storage Systems
EVLO Energy Storage, Hydro-Québec's energy storage subsidiary, and Nuvation Energy, are teaming up through a reseller agreement for EVLO's energy storage systems. EVLO specializes in grid-scale energy storage systems based on Hydro-Québec's patented lithium iron phosphate (LFP) battery chemistry while Nuvation Energy provides battery management systems and energy storage engineering services to ...
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As Clean Energy Becomes More Vital to the Global Economy, Next Generation Battery Conferences are the Best Place to Gain Insiders` Knowledge
FARMINGTON, Conn., May 22, 2012/PRNewswire-iReach/ -- Global Information is pleased to announce limited available registration for three excellent next-generation battery technology conferences: Next Generation Batteries 2012 Conference July 19-20, 2012 – Boston, MA – The Next Generation Batteries 2012 Conference in Boston is an excellent opportunity for networking and industry ...
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New Energy Systems Group Sells Declining E`Jenie and NewPower Battery Components and Li-ion Battery Business
New Energy Systems Group (NYSE Amex: NEWN) ("New Energy" or the "Company"), an original design manufacturer and distributor of consumer branded backup power systems and solar panels, today announced its Board of Directors and Management team have finalized the sale of its E'Jenie and NewPower battery and battery components business to a group of employees in each business unit for approximately ...
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Northvolt Raises $2.75 Billion in Equity to Deploy Further Battery Cell Capacity -?Expands Swedish Gigafactory to 60 Gwh
Northvolt recently announced the signing of a $2.75 billion private placement to finance further battery cell production capacity and R&D efforts in order to meet the increasing demand of customers engaged in the transition to decarbonized, electric solutions.The private placement was co-led by new investors AP funds 1-4, via the co-owned company, 4 to 1 Investments, and OMERS, one of ...
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SimpliPhi Joins ‘America is All In,’ Supports Climate Action
SimpliPhi Power has joined the ‘America is All In’ campaign, the most expansive coalition of leaders ever assembled in support of climate action in the United States. Coinciding with the formal re-entry of the United States to the Paris Agreement, President & CEO Catherine Von Burg shared the following statement: “The climate crisis is an immediate and existential threat to ...
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LG Chem and Samsung SDI Score Highest in Navigant Research Assessment of Lithium Ion Battery Manufacturers
A new Leaderboard Report from Navigant Research examines the strategy and execution of 15 leading lithium ion (Li-ion) battery manufacturers, including vendor profiles, ratings, and rankings, with the goal of providing industry participants an objective assessment of these companies’ relative strengths and weaknesses in the market. Due to an attractive combination of energy density, ...
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DOE highlights clean energy jobs, announces major new energy efficiency milestone
One day before Deputy Secretary of Energy Daniel Poneman highlights the clean energy jobs created with support from the Obama Administration, the Energy Department announced that the weatherization program under the Recovery Act has now made more than 500,000 low-income homes nationwide more energy-efficient. The weatherization program is helping families save hundreds of dollars a year on their ...
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