Tag Archives: batteries
BASF Increases Lithium-Ion Batteries Investment
German chemical company BASF (PINK: BASFY) is expanding its presence in the lithium-ion battery technology field. On Thursday, the company announced its acquisition of Novolyte Technologies, a maker of lithium-ion electrolyte formulations. Though BASF would not release financial details, it revealed that it is acquiring the company from previous owner Arsenal Capital Partners. The purchase [...]
IBM Research Gains Partners for ‘Battery 500′ Project
The hunt for longer ranging electric vehicles has just been given a boost with IBM announcing that Central Glass and Asahi Kasei have joined the company’s Battery 500 Project to collaborate on researching how to extend the range of EVs. This, it is hoped, will make eco friendly cars popular enough that the public will [...]
Lithium Ion Battery Market: $50 Billion by 2020
The lithium ion battery market is set to grow tremendously in the coming years. According to Roland Berger Strategy Consultants, its recently updated global lithium ion battery study puts the market at nearly $9 billion by 2015, up from $1.5 billion. Growth could exceed $50 billion by 2020. “We still expect the global market for [...]
Improved Batteries with Carbon Nanoparticles
Researchers at LMU Munich and Waterloo University have come up with the Lithium sulphur battery to achieve the greatest possible efficiency for battery output. The lithium sulphur batteries are a lot more efficient as compared to the traditional ones; the new cells allow the exchange of ions between lithium and sulphur carbon electrodes. When conditions [...]
Johnson Controls Grabs $5.4M Battery Deal
The United States Advanced Battery Consortium LLC (USABC) has announced it’s awarded a $5.48-million lithium-ion battery technology development contract to Johnson Controls Inc. (NYSE:JCI) The $5.4 million will be used to aid in the process of developing JCI’s lithium-ion battery technology for plug-in hybrids vehicles. The award is co-funded by the DOE and includes a [...]
FUTUREWATCH: Residential Fuel Cells
As CO2 is directly linked to global warming, there’s been a rush of efforts to find ways whereby people can receive power without putting a strain on the environment. If renewables can be harnessed efficiently and used through smart grids, then the burden on natural resources and the environment as a whole will be significantly [...]
A123′s Stock Now Under $1
A123 (Nasdaq: AONE) had a rocky 2011. 2012 is turning out to have its deep challenges as well. In the face of recent genuinely positive design wins for the lithium-ion battery maker across its target markets of transportation and utility-scale storage, the firm is facing threatening self-induced as well as external issues. On the positve [...]
BMW, Toyota Team Up on Next Gen Car Batteries
Last year BMW and Toyota signed a memorandum of understanding concerning a long-term collaboration on sustainable energy technologies. On Tuesday, both car companies announced they will now work together on developing new lithium ion batteries. The main focus of the research will be optimizing the performance of the lithium ion battery and increasing the capacity [...]
A123 Announces Recall, Stock Nosedives
A123 (Nasdaq: AONE) had a rocky 2011. 2012 is turning out to have its challenges as well. The lithium iron battery maker just announced “a field campaign to replace battery modules and packs that may contain defective prismatic cells produced at A123′s Livonia, Mich. manufacturing facility,” according to a release. The “defect has been discovered [...]
In Focus: Graphene-based Capacitors
Existing energy storage methods miserably fail to keep up with the recent evolution in technologies and gadgets. There should be more consistent energy storage options apart from the traditional chemical batteries. A new kind of electrochemical capacitor for storing more charge here gives immense hope for us. Developed by a team of researchers under Maher [...]
Aquion Energy Develops Breakthrough Energy Storage Technology
About one fifth of the world’s population lacks access to electricity. It is one of biggest economic obstacles for people in developing countries, but one that could mean opportunities for a clean energy beginning with alternative energy. There are many possibilities for those excluded people and one of them is being developed by an American [...]
A123 Systems Likes China and India
A123 Systems Inc. (NYSE: AONE) is expanding its partnership with SAIC Motor Corporation Limited that began in 2009 with the founding of Advanced Traction Battery Systems, a battery pack joint venture company. The updated agreement outlines the business operations and required investment for a new battery manufacturing facility in China. The new facility will serve [...]