Chinese Battery Giant CATL Announces 2022 Results, Almost Doubles Profit
Its net profit boosted by 93 per cent to $4.4 billion in 2022 year on year. Revenue from the power battery service enhanced by 159 percent as net sales in this segment greater than doubled to 242 GWh last year.
Mar 13, 2023 // Markets & Finance News, Storage, financial results, EV batteries, CATL, growth rate, Contemporary Amperex Technology Limited, Energy Storage Business, financial results 2022, net profit, power battery business
China's Power Batteries Production & Installed Capacity Decline in January
China's production and installed capacity of power batteries fell on a monthly as well as annual basis for the very first time in January
Feb 15, 2023 // Storage, China, Asia, BYD, CATL
Global Battery Leader CATL In Tie-Up With UL To Improve Battery Safety
The battery manufacturer has actually signed deal with UL Solutions to help create safer deployment as well as use of BESS and also EV batteries. Under the deal, CATL battery laboratory will start the process to achieve UL Solutions witness test data program (WTDP) status to test to UL 9540A.
Jan 19, 2023 // Storage, BESS, EV batteries, CATL, UL 9540, electric vehicle batteries, EnerC, Contemporary Amperex Technology Co., EnerOne, LiBin Tan, UL 9540A, UL Solutions, UL1973, Weifang Zhou, WTDP
CATL Starts Battery Cell Production In German Plant-- First Outside China
It's the first plant of CATL outside of China. CATL strategies to achieve a manufacturing capacity of 14GWh as well as develop up to 2,000 new work in complete within Germany in the future.
Dec 22, 2022 // Manufacturing News, Germany, Europe, CATL, Arnstadt factory of CATL, battery production of CATL, Contemporary Amperex Technology Thuringia GmbH, G1 building of CATL Plant, lithium-ion battery cells, Matthias Zentgraf
CATL wins battery order for US mega PV-storage site
The $1.2 bn Gemini project in Nevada will include a 690MW solar array and also a 1416MWh BESS
Oct 18, 2022 // Storage, USA, North America, CATL, Ty Daul, Tan Libin
CATL as well as FlexGen Sign 10 GWh BESS Supply Agreement for North America
CATL has actually agreed with FlexGen Power Systems to supply 10 GWh of its power storage space devices over a 3 year duration. The Chinese technology titan said that with IP55 and C5 anti-corrosion defense, its EnerC can stand extreme climatic problems, guaranteeing the secure and trustworthy procedure of the entire system for 20 years.
Sep 23, 2022 // Storage, Southern California Edison, BESS, CATL, Tan Libin, FlexGen Power Systems, Kelcy Pegler, master supply agreement, Contemporary Amperex Technology Co. Limited, EnerC, HybridOS
Top 10 Lithium-Ion Battery Manufacturers
Aug 4, 2022 // Manufacturing News, Markets & Finance News, Storage, Market Research, LG CHEM, Panasonic, lithium-ion battery, CATL, Samsung SDI, battery manufacturers, Lithium-Ion Battery Manufacturers, Lithium-Ion Manufacturers, A123 Systems, Piedmont Lithium
China's CATL Launches Battery With 1000 km Range On A Single Charge
CATL claims that the Qili batteries, are anticipated to be standardized and begun the marketplace in 2023. The battery has a volume utilization efficiency of 72% as well as a power density of as much as 255 Wh/kg.
Jun 27, 2022 // Storage, clean energy, China, Asia, CATL, Renewable Energy, Contemporary Amperex Technology Co Ltd, CTP 3.0 battery, Kirin battery, Qilin battery
BYD To Start Supply of Batteries to Tesla Soon
A company executive says that BYD is currently good friends with Elon Musk due to the fact that it's preparing to provide batteries to Tesla soon. Tesla provided nearly 66,000 electrical vehicles from its Shanghai factory in March and also most of them are sold in China.
Jun 9, 2022 // Markets & Finance News, Toyota, Elon Musk, BYD, electric vehicle, CATL, LFP batteries, Lian Yubo, lithium-iron-phosphate batteries, Wang Chuanfu
Powin Energy to supply Idaho's very first utility-scale storage project
System integrator Powin Energy has actually been chosen by Idaho Power to supply 120MW/524MW of battery energy storage space system (BESS) projects, the state's first utility-scale storage space advancements.
May 5, 2022 // Storage, USA, investment, North America, CATL, Idaho, Powin Energy, renewables integration
LG Energy Solution's $10.7 Billion IPO And Also Its Probable Impact
LG Energy Solutions $10.8 billion IPO makes it clear that the battery market is mosting likely to be a market for big players. For countries looking for to make a domestic manufacturing arrangement, government's will require to step up to sustain companies.
Jan 21, 2022 // Markets & Finance News, Storage, IPO, Panasonic, CATL, Samsung SDI, QuantumScape, LG Energy Solution, SK Innovation, sodium ion, solid state batteries
Canadian Solar expands power storage space offerings with CATL partnership
Canadian Solar announced that its subsidiary CSI Solar authorized a critical cooperation framework agreement with China-based Contemporary Amperex Technology Co. (CATL), an international company of brand-new power ingenious technologies.
Nov 25, 2021 // Storage, Canadian Solar, CATL, Shawn Qu
CSI Solar indicators strategic partnership agreement to concentrate on renewables and also battery power storage space
Canadian Solar subsidiary CSI Solar has authorized a strategic cooperation framework agreement with Contemporary Amperex Technology Co. Ltd. (CATL) that will certainly concentrate on power storage and also renewable resource technology.
Nov 25, 2021 // Markets & Finance News, Storage, USA, Canadian Solar, North America, CATL, Shawn Qu, CSI Solar, Tan Libin
JinkoSolar indicators strategic solar-storage arrangement with CATL
JinkoSolar has actually authorized a tactical cooperation arrangement with China's Contemporary Amperex Technology Ltd (CATL), amongst the globe's biggest makers of battery storage cells.
Sep 3, 2021 // Markets & Finance News, JinkoSolar, Kangping Chen, CATL, colocation, solar-storage, hybrid solar
China's CATL Reveals the First-generation Sodium-ion Battery
CATL has actually exposed its first-gen Sodium-ion battery. This battery would certainly be cost-efficient and also have a high rate of charging with a power density of 160Wh/kg. The supply chain for these batteries is expected to develop in 2023.
Jul 30, 2021 // Storage, China, Asia, CATL, sodium-ion battery, Zeng Yuqun
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