Batteries

Strategic Review Supports Continued Production Ramp-Up at North American Lithium

Retrieved on: 
Tuesday, April 9, 2024

Production at NAL commenced in March 2023, and the operations have been undergoing steady improvement.

Key Points: 
  • Production at NAL commenced in March 2023, and the operations have been undergoing steady improvement.
  • March month-to-date lithium recoveries were 69%, exceeding the ramp-up target of 67%, with global recovery of 62% during the July 2023 through March 2024 period.
  • Production of spodumene concentrate has steadily increased with several daily production records achieved in March 2024, including the newest daily production record of 740 metric tons.
  • The joint venture partners have conducted an operational review to assess the pace of the production ramp-up in the context of a challenging lithium price environment.

Orion S.A. Breaks Ground on Battery Materials Plant in Texas

Retrieved on: 
Tuesday, April 9, 2024

The battery additives produced by Orion’s plant will be super clean, with only one-tenth of the carbon footprint of other commonly used materials.

Key Points: 
  • The battery additives produced by Orion’s plant will be super clean, with only one-tenth of the carbon footprint of other commonly used materials.
  • “Orion is already the sole producer of acetylene-based conductive additives in Europe,” Orion CEO Corning Painter said at the groundbreaking ceremony.
  • “Our plant in La Porte will be a pivotal step toward strengthening the regional supply of conductive additives in the rapidly growing U.S. battery market.”
    Every battery requires conductive additives.
  • The additives produced at the La Porte plant will be made from acetylene, a colorless gas that Orion’s production process turns into powder with exceptional purity demanded by leading battery manufacturers.

Lydian Energy Launches with Focus on Developing Transformative Solar and Battery Storage Projects Across North America

Retrieved on: 
Tuesday, April 9, 2024

Lydian Energy , an independent power producer specializing in the development, construction, and operation of utility-scale solar and battery energy storage projects across North America, today announced its official launch.

Key Points: 
  • Lydian Energy , an independent power producer specializing in the development, construction, and operation of utility-scale solar and battery energy storage projects across North America, today announced its official launch.
  • Lydian’s growing pipeline of strategically located solar and battery storage projects is diversified across geography and power markets for a broad range of commercial, industrial, and utility customers.
  • Currently, the Company owns nine projects representing 1.75 GW of solar and battery storage capacity located in Texas and New Mexico.
  • “We are excited to announce the official launch of Lydian Energy as we embark on our mission of ‘Connecting People + Power’ through impactful renewable energy projects,” said Lydian Energy CEO Emre Ersenkal.

Amprius Selected to Power AIBOT’s aiEVTOL Ecosystem

Retrieved on: 
Tuesday, April 9, 2024

Amprius SiCoreTM batteries will enable AIBOT's next-generation aiEVTOL vehicles, ushering in a new era in electric aviation.

Key Points: 
  • Amprius SiCoreTM batteries will enable AIBOT's next-generation aiEVTOL vehicles, ushering in a new era in electric aviation.
  • View the full release here: https://www.businesswire.com/news/home/20240409450625/en/
    Amprius Selected to Power AIBOT's aiEVTOL Ecosystem (Graphic: Business Wire)
    This strategic partnership underscores both companies' commitment to innovation and sustainability in the electric aviation space.
  • Amprius’ SiCore cells, renowned for their high energy density, power, and reliability, will play a pivotal role in powering AIBOT's aiEVTOL ecosystem, which includes both its heavy-lift air cargo eVTOL drone and single-pilot, six-passenger eVTOL air taxi aircraft.
  • This collaboration is a critical step forward in our commitment to delivering an aiEVTOL ecosystem that is revolutionary and sustainable.

Carrar Raises $5.3 Million to Deliver Commercial Battery Modules for Electric Vehicles that Triple Battery Lifetime

Retrieved on: 
Tuesday, April 9, 2024

Carrar , a provider of battery modules and thermal management systems for electric vehicles (EVs), today announced the closing of its $5.3 million Series A funding round to deliver commercial automotive-grade battery modules for electric vehicles with novel internal thermal management based on two-phase immersion technology.

Key Points: 
  • Carrar , a provider of battery modules and thermal management systems for electric vehicles (EVs), today announced the closing of its $5.3 million Series A funding round to deliver commercial automotive-grade battery modules for electric vehicles with novel internal thermal management based on two-phase immersion technology.
  • View the full release here: https://www.businesswire.com/news/home/20240409037388/en/
    Carrar commercial electric vehicle battery module (Photo: Carrar)
    The round included new investors Salida B.V., OurCrowd, and NextGear, and current investors Gentherm, Next Leap Ventures, Dive Digital, and others.
  • Carrar is transforming e-mobility with battery modules and thermal management systems that dissipate twice the amount of heat of existing solutions, increasing battery lifespan three-fold.
  • Carrar also improves EV safety by preventing the temperature spirals caused by battery exothermic processes, which lead to thermal runaway and battery fire.

Bloom Energy to Receive up to $75 million in Federal Tax Credits for Fremont Manufacturing Plant

Retrieved on: 
Monday, April 8, 2024

Bloom Energy Inc. (NYSE:BE), a leading provider of clean energy solutions, was recently awarded up to $75 million in tax credits by the Department of Energy, Department of Treasury, and the Internal Revenue Service under the Qualifying Advanced Energy Project 48C initiative.

Key Points: 
  • Bloom Energy Inc. (NYSE:BE), a leading provider of clean energy solutions, was recently awarded up to $75 million in tax credits by the Department of Energy, Department of Treasury, and the Internal Revenue Service under the Qualifying Advanced Energy Project 48C initiative.
  • Bloom was selected for this award for its commitment to expand domestic manufacturing and fuel cell and electrolyzer production capacity at its multi-gigawatt Fremont, California manufacturing plant.
  • At the heart of Bloom Energy’s recently opened Fremont facility is the ability to manufacture high-efficiency fuel cell stacks, which serve as the foundational technology for the company’s Energy Server® platform and Bloom Electrolyzer™.
  • The funding is part of the $4 billion in tax credits recently announced by the White House under the Qualifying Advanced Energy Project Tax Credit to accelerate domestic clean energy manufacturing and reduce greenhouse gas emissions at industrial facilities.

Global Li-ion Battery Recycling Market Analysis 2024, Featuring Umicore, Fortum, Li-Cycle, Redwood Materials, RecycLiCo Battery Materials, Accurec Recycling, Neometals, Lithion Technologies and More - ResearchAndMarkets.com

Retrieved on: 
Monday, April 8, 2024

The global li-ion battery recycling market was valued at US$4.97 billion in 2023, and is expected to be worth US$17.67 billion in 2029.

Key Points: 
  • The global li-ion battery recycling market was valued at US$4.97 billion in 2023, and is expected to be worth US$17.67 billion in 2029.
  • Additionally, technological advancements in recycling processes, such as advanced sorting techniques and innovative metallurgical methods, are improving the efficiency and viability of battery recycling.
  • By Recycling Process: The Hydrometallurgical process accounted for the highest share in the li-ion battery recycling market.
  • The high cost of recycling and the dearth of advanced technologies pose significant challenges to the Li-ion battery recycling market.

Global and China Passenger Car Cell to Pack, Cell To Chassis and Cell to Body Integrated Battery Industry Report 2024: Currently Only Tesla, BYD, Leapmotor and Xpeng have Released CTC/CTB Technology - ResearchAndMarkets.com

Retrieved on: 
Monday, April 8, 2024

The "Passenger Car CTP (Cell to Pack), CTC (Cell To Chassis) and CTB (Cell to Body) Integrated Battery Industry Report, 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Passenger Car CTP (Cell to Pack), CTC (Cell To Chassis) and CTB (Cell to Body) Integrated Battery Industry Report, 2024" report has been added to ResearchAndMarkets.com's offering.
  • Currently only four automakers Tesla, BYD, Leapmotor and Xpeng have released CTC/CTB technology and applied it in production models.
  • Leapmotor: In April 2022 Leapmotor released CTC technology, and first applied it to the production model Leapmotor C01.
  • In addition to Tesla, BYD, Leapmotor and Xpeng, Xiaomi, Volkswagen, Volvo, JAC and SAIC all make layout of CTC technology.

Energy Vault Appoints Michael Beer as Chief Financial Officer

Retrieved on: 
Thursday, April 4, 2024

Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault” or the “Company”), a leader in sustainable grid-scale energy storage solutions, announced today the appointment of Michael Beer as Chief Financial Officer.

Key Points: 
  • Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault” or the “Company”), a leader in sustainable grid-scale energy storage solutions, announced today the appointment of Michael Beer as Chief Financial Officer.
  • View the full release here: https://www.businesswire.com/news/home/20240404851008/en/
    Energy Vault Appoints Michael Beer as Chief Financial Officer (Photo: Business Wire)
    Prior to Energy Vault, Beer served as Chief Financial Officer for FreeWire Technologies, Inc. (FreeWire), an industry leader in ultra-fast EV charging, battery storage and energy management solutions, since 2021.
  • “We’re very pleased to welcome Michael, whose depth of experience overseeing capital markets, financial operations and investor relations for high growth technology and sustainability companies will be critical to Energy Vault moving forward,” said Robert Piconi, Chairman and Chief Executive Officer, Energy Vault.
  • Energy Vault has a comprehensive and highly differentiated approach, offering a variety of energy storage solutions.

Agilent Brings Great Science to Life at Analytica 2024

Retrieved on: 
Thursday, April 4, 2024

Agilent Technologies Inc. (NYSE: A) today announced its participation in Analytica 2024, where it will unveil its latest innovations and transformative workflows.

Key Points: 
  • Agilent Technologies Inc. (NYSE: A) today announced its participation in Analytica 2024, where it will unveil its latest innovations and transformative workflows.
  • Analytica, the premier international trade fair for laboratory technology, analysis, and biotechnology, is scheduled to take place from April 9 to 12 in Munich, Germany.
  • Agilent technical experts will be available to share insights into these latest innovations and intuitive workflows.
  • Join us as we bring Great Science to Life!