LG says its new expansion plan will give it a total production capacity of more than 110 GWh in the United States.
Chip Breitenkamp, of Nanograf, discusses American battery manufacturing, how to ensure a resilient and equitable supply chain, and how to create jobs.
LG Chem is spinning off its battery business into a new subsidiary, LG Energy Solution. It also launched two new battery series, Resu Prime and Resu Flex. These devices rely on new battery cells with a higher power density and with up to 16 kWh, they have a higher capacity than previous models. The first products are expected to be shipped from February or March 2021.
Despite a significant drop in turnover, the Israeli inverter maker was able to increase its net result in the third quarter of this year, in which it shipped around 1,415 MW of its products. In the first nine months of the year, the company’s revenue increased year-on-year from $1 billion to $1.1 billion.
The Solar Energy Corporation of India has issued a call for expressions of interest to supply clean energy to isolated off-grid communities and warned components will probably have to be transported manually.
Only 7% of Europe’s residential PV systems are linked with home storage, according to SolarPower Europe. The five largest markets – Germany, Italy, Great Britain, Austria and Switzerland – account for more than 90% of the continent’s total installed storage capacity.
Researchers in India have developed a 5 kW/25 kWh vanadium redox flow battery with an energy density of 30 watt-hours to 40 watt-hours per liter.
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