WattJoule Corporation, a developer of next-generation flow battery energy storage systems, has entered into an intellectual property licensing agreement with Battelle.
Lithium ion (Li-ion) batteries are rechargeable batteries witnessing increasing adoption in consumer electronics and automotive applications. India is one of the major Li-ion markets, exhibiting double digit growth. The demand for lithium ion batteries has increased exponentially due to growing demand for smartphones and tablet PCs over last few years.
Lithium-ion battery is used in a variety of markets, such as consumer electronics, automotive, and industrial. The global lithium-ion battery market is expected to experience good growth and reach $24.2 billion by 2018. The prime drivers of the market are growing demand of electronic products, automotive vehicles, etc. Trends are favorable for growth across the industry; however, significant differences in growth potential among the application markets and regions exist.
The CoLaBats initiative works in provide new industrial processes for the recycling of the critical metals Cobalt and Lanthanides and key economic metals Nickel and Lithium, from waste batteries, significantly improving recycling efficiencies and metal purity from existing recovery routes. Tecnalia will operate the pilots in an industrial setting at battery recycling plants and demonstrated to the wider recycling and battery communities.
A Virginia Tech research team has developed a battery that runs on sugar and has an unmatched energy density, a development that could replace conventional batteries with ones that are cheaper, refillable, and biodegradable.
Princeton Power Systems, Inc., a global leader in design and manufacturing of technology products and embedded software for energy management, micro-grid operations, and electric vehicle charging, has been chosen by Bysolar, Inc. to provide a 500kW battery inverter system for frequency regulation and emergency backup power.
A consortium led by Saft, the world’s leading designer and manufacturer of advanced technology batteries for industry, has been awarded a multi-million euro project by Akuo Energy. This turnkey contract is realized in partnership with Ingeteam (Spain) - world leading manufacturer of power electronics and energy management systems– and Corex Solar (based in La Réunion) to build the Bardzour solar photovoltaic (PV) production and Li-ion (lithium-ion) energy storage system on the French island of La Réunion in the Indian Ocean.
Lithium-ion batteries, such as those used in electric vehicles, are in high demand, with a global market value expected to reach $33.1 billion in 2019. But their high price and short life need to be addressed before they can be used in more consumer, energy and medical products.
A team of Harvard scientists and engineers has demonstrated a new type of battery that could fundamentally transform the way electricity is stored on the grid, making power from renewable energy sources such as wind and solar far more economical and reliable.
Flux Power® Holdings, Inc., an innovator in advanced lithium energy storage systems, has agreed to provide HDT Global, a leading provider of highly-engineered mobile military and emergency response solutions, with portable lithium-ion storage packs for HDT’s renewable solar energy solution designed to power military electronics in the field.
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