CATL to enter Japan’s residential storage market
Previously known for its automotive activity, CATL is turning to another promising sector to generate demand for its battery cells. With the first few hundred thousand Japanese solar households seeing their 10-year FIT contracts expire, demand for small scale storage is on the rise
Japan’s Toray to manufacture battery components in Europe
Japanese materials company Toray has announced plans to open a facility for manufacturing battery separator films for use in lithium-ion batteries. The factory is expected to begin operations in July 2021 and will increase Toray’s production material for the component by around 20%.
Battery maker CATL ramps up investment in German gigafab to €1.8 billion
Previously, a mere €240 million was set to flow into the giga-factory. The corporation’s management reasoned new demand for its battery cells made more investment necessary.
Volkswagen, Northvolt to set up battery research consortium
Automaker Volkswagen and Swedish lithium-ion battery producer Northvolt have announced plans to jointly form and lead a new organization, the European Battery Union (EBU), to conduct research on batteries used in transport and stationary energy storage applications.
China’s largest renewables hybrid project adds 100 MWh battery
Chinese li-ion battery manufacturer CATL has delivered a 100 MWh battery storage system to the country’s largest mixed renewables plant, which features 400 MW of wind energy, 200 MW of PV and 50 MW of concentrating solar.
China’s CATL to invest €240 million in Europe’s first battery cell fab
The Chinese battery manufacturer has said it will establish a fab in Germany’s Thüringen with an annual capacity of 14 GWh. The battery cells will be primarily produced for the electric vehicle (EV) industry. Up to 600 jobs are expected to be created. In related news, BMW has entered a €4 billion long-term partnership with CATL.
