Pakistan Lithium-ion Battery News

Related Battery Industry News

• November 2022: Researchers at MIT have invented new ways to improve the energy density of non-rechargeable or primary batteries. This invention is expected to enable up to a 50% increase in extending lifetime or a corresponding decrease in size and weight for a given power or energy capacity. The new materials work at human body temperature, making them suitable for medical implants.
• March 2022: FDK Corporation announced the consolidation of domestic production plants to strengthen its production system for high-capacity cylindrical-type primary lithium battery production plants into a single location. FDK will terminate production at Washizu Plant and consolidate the production plant at Tottori Plant. The production facilities operations were expected to restart at the Tottori Plant by the end of 2022 after the relocation.

• May 2023: Marubeni Corporation of Japan is collaborating with VinES, a Vietnamese battery and energy-as-a-service provider, to create energy storage facilities in the Southeast Asian country. Marubeni will start its part of the collaboration with a feasibility study of battery energy storage system (BESS) installations that might be deployed at Vingroup commercial and industrial (C&I) locations.
• November 2022: VinES Energy Solutions, a subsidiary of Vietnam's largest conglomerate Vingroup JSC and China's Gotion High-Tech, began constructing a USD 275 million battery factory in Vietnam. The factory in Ha Tinh, Vietnam's central province, will generate 30 million lithium iron phosphate (LFP) battery cells yearly.

• In December 2021, Reliance New Energy Solar Limited entered an agreement with Faradion to acquire 100% of the equity shares for a total value of USD 117 million. Faradion is a UK-based leading battery technology company with an extensive IP portfolio covering many aspects of sodium-ion technology.
• In December 2021, Northvolt produced its first lithium-ion battery cell at its factory in Skelleftea, Sweden. The facility is expected to have a yearly output of 60 GWh, which is enough to supply batteries for around 1 million EVs. It had planned to begin commercial delivery in 2022.

• In December 2022, South Africa’s leading utility and grid operator Eskom announced the start of construction of its first battery energy storage system (BESS) with Hyosung Heavy Industries. The facility will have a capacity of 8MW, equivalent to 32MWh of distributed electricity. The BESS project will utilize large-scale utility batteries with a capacity of 1,440MWh per day and a 60MW PV capacity. It will be one of the largest BESS projects to be developed and implemented in South Africa.
• In August 2022, South African electricity supplier Eskom announced the details of 343 MW of battery energy storage deployments. The rollout is expected to serve as a proof of concept for the country's most significant delivering battery storage projects. The buildout will include large-scale batteries with capacities of 1,440 MWh per day and 60 MW of solar, which will be implemented in two phases across 12 sites in South Africa.

In May 2022, Solar Energy Development Centre (SEDC) decided to provide local and federal government tax incentives in Washington DC and Connecticut to install residential and commercial battery energy storage systems. It will provide ongoing maintenance for the next 20 years.​

In March 2022, Green Cell launched its new 5 kWh residential battery named GC PowerNest with a voltage of 51.2 V, and it is scalable to an eight-stack configuration reaching up to 40 kWh. The residential battery is based on lithium iron phosphate cells, and the product comes in a black casing with a 50 kg weight. ​

• In January 2022, researchers at Japan’s National Institute of Materials (NIMS) and Softbank Corp. announced that they had developed a lithium-air battery with an energy density of over 500Wh/kg, which is significantly higher than current lithium-ion batteries.
• In December 2021, Reliance New Energy Solar Ltd (RNESL), a subsidiary of Reliance Industries Ltd (RIL), announced that it had signed a definitive agreement to acquire a 100% stake in the UK-based Faradion Limited for an enterprise value of GBP 100 million.

• In August 2021, Maoneng, an Australian renewables developer, announced its plans to use lithium iron phosphate (LFP) batteries for its 240 MWp Mornington battery energy storage system (BESS). The project is in Victoria’s Mornington Peninsula and is planned to become operational in late 2022, and it is expected to enhance the reliability of the regional power grid and support it during off-peak periods and fluctuations in demand caused by seasonal tourism. The project is one of the several projects that Maonegg plans to develop across Australia.
• In July 2021, a Tesla Megapack caught fire during the testing of a utility-scale battery project in Victoria, Australia. The project’s capacity is 300 MW and is being developed by Neoen SA, alongside Tesla and energy company AusNet Services. The project is located next to AusNet Services’s existing Moorabool Terminal Station near Geelong, consisting of 210 Megapacks of electric car maker Tesla. No personnel was injured in the incident, and the site was disconnected from the grid.

• In January 2022, Nexeon Limited, a supplier of advanced silicon anode materials for next-generation lithium-ion batteries, licensed its NSP-1 technology to advanced materials giant SKC Co. Ltd. The move ensures that customers globally have fast and reliable access to these strategic materials.
• In February 2022, Panasonic Corporation announced that its Energy Company will establish a production facility at its Wakayama Factory in western Japan to manufacture new, large 4680 (46 millimeters wide and 80 millimeters tall) cylindrical lithium-ion batteries for electric vehicles (EVs).

• In January 2022, Nexeon Limited, a supplier of advanced silicon anode materials for next-generation lithium-ion batteries, licensed its NSP-1 technology to advanced materials giant SKC Co. Ltd. The move ensures that customers globally have fast and reliable access to these strategic materials.
• In February 2022, Panasonic Corporation announced that its Energy Company will establish a production facility at its Wakayama Factory in western Japan to manufacture new, large 4680 (46 millimeters wide and 80 millimeters tall) cylindrical lithium-ion batteries for electric vehicles (EVs).

• In August 2020, post the introduction of EV policy, Pakistan had signed an agreement with China to procure electric buses. Under the Strategic Alliance Agreement, Skywell Automobile is expected to set up an electric vehicles chain throughout Pakistan, with electric buses running in the first phase between Islamabad and Lahore. Further, Skywell is expected to make an investment of around USD 30 billion for setting up the EV chain in the country.
• In December 2018, the Asian Development Bank (ADB) and the Government of Pakistan signed a loan and grant agreements amounting to USD 284 million. The funding support from ADB is targeted for building the first large-scale, grid-connected Lithium-Ion Battery Energy Storage System (BESS) at Jhimpir-I Grid Station for improving transmission network stability. As of 2020, the BESS is still under-construction.