The global auto industry’s shift to electric vehicles (EVs) has spurred an expansion race among battery makers, and caused a growing a skills shortage. Global sales of EVs, estimated at 2.5 million vehicles in 2020, is forecast to grow more than 12-fold to 31.1 million by 2030 and account for nearly a third of new […]
Engineers Produce World’s First Cobalt-Free Batteries: Why It’s Good For Earth – EQ Mag Pro
While electric vehicles paint a green future for us all, most are oblivious to what goes in the background. Sure, electric vehicles are way cleaner and efficient than fossil fuels, but the components needed to make the batteries cause a ton of damage along the way. Making batteries isn’t a clean affair Lithium, that’s needed […]
Charging the future – EQ Mag Pro
With the increasing use of lithium-ion batteries in data centres, the market is expected to grow significantly by 2025 The Middle East and particularly the GCC has seen a sharp rise in the number of data centres in recent years to cope with increased demand for cloud and big data. This in turn has led […]
BMW orders ₹1.75 lakh crore batteries as electric vehicle demand grows – EQ Mag Pro
An aerial view shows the BMW Headquarters, ahead of the Munich Motor Show IAA Mobility 2021 in Munich, Germany. BMW AG has boosted orders for batteries cells to keep pace with accelerating demand for electric cars that made up for more than 11% of deliveries during the half of the year. The German carmaker now […]
Tianqi, IGO Produce First Australian Lithium Hydroxide For Batteries – EQ Mag Pro
IGO gave debt-laden Tianqi a lifeline late last year when it agreed to pay $1.4 billion for a stake in the Chinese company’s Australian lithium assets, namely the Kwinana processing plant and the world’s biggest lithium mine, Greenbushes, both in Western Australia. MELBOURNE : A joint venture between Tianqi Lithium and IGO Ltd has produced […]
RWE Combines Hydropower With Mega-Batteries to Balance Grid
To ensure the reliability of its grid network while boosting environmental sustainability, German utility RWE has embarked on a project that includes the integration of massive battery energy storage systems with hydropower. RWE is investing €50 million ($58.7 million) in the development of two large battery energy storage systems in Lingen and Werne. The Lingen […]
LG Energy Solution Plans to Begin Mass Production for All-Solid-State Batteries in 2026
Park Jinyong, Asia marketing manager for LG Energy Solution, said that his company is currently developing a polymer lithium-sulfur battery. This new generation of all-solid-state battery technology, which is expected to offer even higher energy density, lower weight, and greater safety, could be applied to electric vehicles, drones, and remote-controlled crafts. Park, who revealed this […]
Ingeteam’s Hybrid Inverter is Compatible With the BYD Premium High Voltage Batteries
Ingeteam and BYD have tested and certified at their respective R&D laboratories, the compatibility of the BYD Battery-Box Premium HVS and HVM high voltage batteries with Ingeteam’s INGECON® SUN STORAGE 1Play TL M hybrid inverter (solar-plus-storage inverter). The use of both items of equipment together makes it possible to create hybrid systems that combine PV […]
Batteries as an Infrastructure Asset Class: A New Paradigm
Battery storage is flexible, remarkable — and investable — but you need to know what you’re doing and know where the market opportunities and limits lie. Renewable and clean energy financier Laurent Segalen from Megawatt-X explains some of the things he’s seen as batteries have become an infrastructure asset in their own right. This is […]
Lithium Ion Batteries vs Hydrogen Fuel Cell: Which is the Technology of the Future?
Both technologies harness electricity and leave behind zero emissions, but the similarities end there. As far as automobiles are concerned, electric power is undoubtedly the future. The source and repository of said electric power for the future has the house divided. While battery-powered electric vehicles (BEVs) have managed to gain considerable momentum in most parts […]