Battery - Business Research Insights

California's battery storage capacity climbs 30% since April While it took California about five years to reach 10 GW of battery storage capacity in early 2024, it has added another 3 GW in just six months, Governor Gavin Newsom's office announced. "We're cutting pollution by adding more clean power to our grid. That means rapidly expanding battery storage to capture more of this clean energy that's produced during the day, like solar, for when it's needed when the sun goes down," Newsom said in the statement. "These are the essential resources that we'll continue needing more of as the climate crisis makes heat waves hotter and longer." California's battery market is growing rapidly and will likely continue to do so through the end of 2024 and 2025, said Annie Gutierrez, a senior research analyst with S&P Global Commodity Insights. "We're expecting around 4-4.5 GW of additions in 2024 and a similar amount in 2025," Gutierrez said. "Batteries have played a large role in meeting the evening peak [load] so far in 2024 and will continue to do so and take some pressure off of gas and imports." Source:- https://lnkd.in/dPYNDxK6 #latestnews #latestarticle #trendingnews #trend #topnews #todaysnews

Lyten Announces Plans to Build the World’s First Lithium-Sulfur Battery Gigafactory in Nevada Lyten, the supermaterial applications company and global leader in Lithium-Sulfur batteries, today announced plans to invest more than $1 billion to build the world’s first Lithium-Sulfur battery gigafactory. The facility will be located near Reno, Nevada, and will have the capability to produce up to 10 GWh of batteries annually at full scale. Phase 1 of the facility is scheduled to come online in 2027. Lyten’s factory will manufacture cathode active materials (CAM) and lithium metal anodes and complete assembly of lithium-sulfur battery cells in both cylindrical and pouch formats. Lyten has been manufacturing CAM and lithium metal anodes and assembling batteries at its semi-automated pilot facility in San Jose, Calif., since May 2023. Lyten’s Lithium-Sulfur cells feature high energy density, which will enable up to 40% lighter weight than lithium-ion and 60% lighter weight than lithium iron phosphate (LFP) batteries. Lyten’s cells are fully manufactured in the U.S. and utilize abundantly available local materials, eliminating the need for the mined minerals nickel, cobalt, manganese, and graphite. Lyten’s use of low cost, local materials make Lyten lithium-sulfur a lower cost battery than lithium-ion at scale. Source:- https://lnkd.in/dkfQuR7p #latestnews #latestarticle #trendingnews #trend #topnews #todaysnews

New research points to manganese as a critical step forward for lithium-ion batteries In a breakthrough for rechargeable lithium-ion batteries, scientists at Lawrence Berkeley National Laboratory (Berkeley Lab) have identified manganese as a promising alternative to traditional materials used in battery cathodes. Smartphones, electric vehicles, and energy storage systems have spurred demand for lithium-ion batteries, but essential elements such as nickel and cobalt pose challenges to procure. However, the new study suggests manganese, one of the most abundant metals in the Earth’s crust, could offer a cost-effective, safer solution. The research, led by Berkeley Lab and published in Nature Nanotechnology on September 19, demonstrates that manganese can be successfully used in disordered rock salt (#DRX) cathodes — an emerging battery material. Previously, it was believed that DRX materials needed to be ground down into nanoscale particles for optimal performance, a process that requires significant energy. However, the team’s findings reveal that manganese-based cathodes can perform effectively with particles 1,000 times larger than anticipated, a discovery that could significantly reduce production costs. Source:- https://lnkd.in/gHPwUVrn #latestnews #latestarticle #trendingnews #trend #topnews #todaysnews

Stellantis and Orano drop planned JV to recycle electric car batteries Franco-Italian automaker Stellantis (STLAM.MI), opens new tab  and French nuclear fuels firm Orano have dropped their planned joint venture to recycle electric car batteries, both companies said on Wednesday. The two companies had signed a memorandum of understanding last year. The JV was to help recycle used electric vehicle batteries and scrap materials from Stellantis gigafactories in Europe and North America, with production set to start in the first part of 2026. "Stellantis and Orano will not finalize the intended joint venture for recycling end-of-life electric vehicle batteries and scrap," the companies said, adding they are exploring other potential commercial relationships. The deal would have given Stellantis, parent company of brands including Peugeot, Fiat and Jeep, additional access to the cobalt, nickel and lithium necessary for electrification and the energy transition. Source:- https://lnkd.in/gmBd25GJ #latestnews #latestarticle #trendingnews #trend #topnews #todaysnews

SES AI to Present at AI and EV Battery Industry Conferences to Share Exciting Progress on Its New “All-in on AI” Initiative SES AI (NYSE: SES), a leader in Li-Metal battery development, announces its participation in four major AI and #EV #Battery conferences to showcase progress on its 'All-in on #AI' initiative. The company will present at: 1. Air Taxi World Congress (Oct 9, 2024, #Dubai): Dr. Qichao Hu discusses Advanced Air Mobility challenges and Li-Metal battery solutions. 2. #MITAI Conference (Oct 26, 2024, New York City): Dr. Hu explores AI's potential in battery technology. 3. Advanced #LithiumBatteries Conference (Oct 28-29, 2024, Montréal): Presentations on AI-accelerated materials discovery for Li-Metal batteries. 4. Supercomputing Conference (Nov 21, 2024, Atlanta): Update on SES AI's Avatar system for quality and safety in manufacturing. These presentations will highlight #SES AI's advancements in AI for Manufacturing, Safety, and Science within the battery industry. Source:- https://lnkd.in/gEZ9G9hn #latestnews #latestarticle #trendingnews #trend #topnews #todaysnews

Bumpy road ahead as #battery fears hit global EV rollout As the world transitions to a sustainable economy, electric vehicles (EVs) are now a favoured tool in tackling carbon emission goals and climate objectives. However, beneath the promising veneer of #EVs lurk concerns over one particular component needed to run them— #lithium_ion_batteries. And the lifecycle of lithium-ion batteries—from mining to disposal—reveals a landscape fraught with issues. Mining the main raw materials needed — lithium, cobalt, copper and nickel — has social and environmental costs, particularly in developing countries where most mines are located. India, a major potential market for EVs, is moving to amend its mining legislation to allow private players to mine in forest reserves, in an effort to cut its reliance on imported lithium and other critical metals needed for its clean energy transition in power, transport, and other sectors. Yet, commercial mining in these previously reserved areas threatens the livelihoods of local people and the ecosystems. “In the past, the Indian Supreme Court has ruled that natural resources belong to the citizens of the country, [but now] the natural resources are no longer for the welfare of the people,” Rebbapragada Ravi, chair of Mines, Minerals & PEOPLE , an alliance of environmental advocates in India, told SciDev.Net. Source:- https://lnkd.in/gQuSm8-c #latestnews #latestarticle #trendingnews #trend #topnews #todaysnews

𝐏𝐫𝐞𝐯𝐞𝐧𝐭𝐢𝐧𝐠 𝐜𝐚𝐫 𝐛𝐚𝐭𝐭𝐞𝐫𝐲 𝐟𝐢𝐫𝐞𝐬 𝐰𝐢𝐭𝐡 𝐡𝐞𝐥𝐩 𝐟𝐫𝐨𝐦 𝐦𝐚𝐜𝐡𝐢𝐧𝐞 𝐥𝐞𝐚𝐫𝐧𝐢𝐧𝐠 One of the most critical safety concerns for electric vehicles is keeping their batteries cool, as temperature spikes can lead to dangerous consequences. New research led by a University of Arizona doctoral student proposes a way to predict and prevent temperature spikes in the lithium-ion batteries commonly used to power such #vehicles. The paper "Advancing Battery Safety," led by College of Engineering doctoral student Basab Goswami, is published in the Journal of #Power Sources. With the support of $599,808 from the Department of Defense, Goswami and his adviser, aerospace and mechanical engineering professor and project principal investigator Vitaliy Yurkiv, developed a framework that uses multiphysics and machine learning models to sense, predict and identify lithium-ion battery overheating, known as thermal runaway.   In the future, this framework could be integrated into an electric vehicle's battery management system to stop a battery from overheating, thereby protecting drivers and passengers, Goswami said. "We need to move to green energy," Goswami said, "but there are safety concerns associated with lithium-ion batteries." 𝐔𝐬𝐢𝐧𝐠 𝐭𝐡𝐞 𝐩𝐚𝐬𝐭 𝐭𝐨 𝐩𝐫𝐞𝐝𝐢𝐜𝐭 𝐭𝐡𝐞 𝐟𝐮𝐭𝐮𝐫𝐞 Thermal runaway can be extremely dangerous and difficult to predict.  "The temperature in a battery will escalate in an exponential manner and it will cause fire," #Goswami said. An #electric_vehicle_battery pack is comprised of closely connected battery "cells." Today's electric vehicles can have more than 1,000 cells in each battery pack.  If thermal runaway occurs in one cell, nearby cells are highly likely to heat, too, creating a domino effect. If that happens, the entire battery pack of the electric vehicle could explode, Goswami said. 𝐌𝐞𝐞𝐭𝐢𝐧𝐠 𝐚 𝐠𝐥𝐨𝐛𝐚𝐥 𝐝𝐞𝐦𝐚𝐧𝐝 Goswami's research was published at an important point in American car manufacturing history. In July, the same month the paper was published, the Biden administration announced a $1.7 billion investment in electric vehicle manufacturing across eight states. In 2023, global electric vehicle sales increased 35% from 2022. As demand rises, safety measures are essential to the #electric_vehicle movement, Goswami said. "Many people are still hesitant to embrace #batteries due to various safety concerns," he said. "To gain widespread acceptance, it's crucial for the public to know that ongoing research is actively addressing these critical safety issues." 𝐒𝐨𝐮𝐫𝐜𝐞:- https://lnkd.in/gfGbdqZK #latestnews #latestarticle #trendingnews #trend #topnews #todaysnews

𝐃𝐲𝐧𝐚𝐦𝐢𝐜 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐭𝐨 𝐛𝐮𝐲 𝐁𝐡𝐚𝐫𝐚𝐭 𝐁𝐚𝐭𝐭𝐞𝐫𝐲 𝐟𝐨𝐫 𝐑𝐬 𝟒𝟓 𝐜𝐫; 𝐬𝐭𝐨𝐜𝐤 𝐚𝐭 𝐮𝐩𝐩𝐞𝐫 𝐜𝐢𝐫𝐜𝐮𝐢𝐭 Dynamic Services hits 5% upper circuit: Shares of Dynamic Services and Security were locked in 5 per cent upper circuit at Rs 274.10 per share on NSE on Thursday, August 29, 2024. The shares of Dynamic Services rose after the company announced that it has signed a memorandum of understanding (MoU) to acquire Bharat Battery Mfg Co for Rs 45 crore. In an exchange filing, the company said, “It is hereby informed that Dynamic Service & Security Limited (#DSSL) has entered into Memorandum of Understanding (MoU) with #Bharat_Battery Mfg Co Private Limited dated August 27, 2024. The acquisition, however, will be effective subject to the fulfilment of various terms and conditions as specified in the MoU, the company said.   Bharat Battery is involved in manufacturing Lead Acid Batteries, Train Lighting, Railway Air Conditioning, Diesel Loco Starting, Signalling, Telecommunication equipment and special batteries for Defence Application. The acquisition will be completed within 90 days from the date of execution of the MoU unless such time period is being extended mutually, Dynamic Services said. Dynamic Services & Security Limited specialises in providing a range of services, including manpower for mechanised cleaning, catering, housekeeping, conservancy, security, and other related services. The company caters to the #Indian_Railways, various government and semi-government bodies, and diverse corporate sectors across India. Its focus is particularly on Indian Railways, Defence, and other prestigious government organisations, offering comprehensive supply chain management and corporate people management services. The company’s market capitalisation is Rs 376.78 crore, according to National #Stock_Exchange (#NSE). The company falls under the Nifty SME Emerge index. The 52-week high of the stock is Rs 339.95 per share while its 52-week low is Rs 82 apiece. At 1:03 PM, shares of Dynamic Services continued to remain locked in the 5 per cent upper circuit. In comparison, Nifty50 was trading 0.39 per cent or 98.15 points higher at 25,150.50 levels. 𝐒𝐨𝐮𝐫𝐜𝐞:- https://lnkd.in/gPjY69UF #latestnews #latestarticle

Organic Rice Market Size, Types, Industry Analysis [2032] #Business #Entrepreneurship #Leadership #Innovation #management #technology

Belt Weigher Market Size, 2032 | Global Industry Analysis Research #Business #Entrepreneurship #Leadership #Innovation #management #technology