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Lithuania

Solar Market Outlook in Lithuania

The future of the solar power market in Lithuania is shaped by a wide range of factors such as feed-in tariff, availability of financing, incentives, and other key players. There are also factors that hinder the growth of the country’s solar power market including the uncertainty of large-scale developments, high capital expenditure, and increasing competition. 

Despite the challenges and hurdles that are present, the Lithuanian government along with the Lithuanian Business Support Agency continues to support any step forward in the country’s solar energy sector. One of the major breakthroughs for the solar industry is the construction of a floating solar PV power plant. The construction of this facility cost $270,000 and is expected to produce 900 MW of power. 

The first stage of the said project is set to be completed by the end of 2021. There are also more projects lined up to facilitate more solar power generation in the country that would be enough to power 120,000 households. 

Since this floating power plant is the first of its kind in the region, the Lithuanian government is hoping that it will attract more investments in the solar power market. 

Solar Energy Equipment Supply Capacity in Lithuania

The growth rate of the solar energy sector in Lithuania has been slow and steady. This is made possible by the availability of solar power equipment from international suppliers and distributors. 

Top Major Seaports & Logistics in Lithuania

Its proximity to the Baltic Sea means that there are many ports serving Lithuania for the logistics and trade activity. The following ports serve as access points in the transport of solar power equipment:

  • Klaipeda,
  • Vilnius,
  • Kaunas, 
  • Panevezys.

Lithium Ferro Phosphate Battery used for below projects in Lithuania

No Projects Found

Lithium Ferro Phosphate Battery

What is a Lithium Ferro Phosphate Battery?

 

Lithium Ferro Phosphate Battery is also known as the Lithium Iron Phosphate Battery. There are two electrodes made of Graphite and Lithium Iron Phosphate. 

Lithium-ion batteries have a discharge voltage of 2.5 Volts. The maximum output charge per cell is 3.65 Volts.

Lithium-ion batteries are widely used in electric vehicles and are the alternative to fossil fuels. 

 

Applications of Lithium Ferro Phosphate Battery?

 

Lithium reserves are present in abundance in various parts of the world. Lithium Ferro Phosphate batteries are environmentally friendly and help to reduce the carbon footprint of the population. From Solar power storage to EVs, the Lithium Ferro battery market is expanding rapidly.

Solar Power: Power generated from the PV cells gets stored in the LiFePO4 cells with higher electrical potential. Cells are directly connected to the battery to use with the LEDs.

Electric Vehicles: One of the latest and big applications of Lithium-ion batteries is electric vehicles. Car manufacturers use LiFePO4 to increase safety and reduce weight per kW.

Domestic Energy needs: Lithium Ferro Phosphate batteries get used in home solar power storage. These batteries are highly safe and with low discharge rate.

 

Advantages of Lithium Ferro Phosphate Battery?

 

  • Apart from being environment-friendly, Lithium Ferro Phosphate batteries have a long life.
  • Elements like Lithium are present in large quantities on the earth. Therefore supply for production is not a problem.
  • The cost of these batteries is lower than other types of batteries.
  • Because of their chemical stability, LiFePO4 batteries are safer than other batteries.
  • Nominal voltage is nearly the same as lead-acid batteries. That makes them compatible with many gadgets and power systems.

 

How does a Lithium Ferro Phosphate Battery work?

Batteries produce current by the movement of free electrons in the circuit. The chemical process inside the battery triggers when positively charged lithium ions move from the positive side to the negative side through the electrolytic solution. The movement of electrons starts in the circuit, and the current flows in the opposite direction of the electrons.

 

What are some top brands of Lithium Ferro Phosphate Battery?

Below are the top manufacturers of Lithium Ferro Phosphate Batteries in the USA.

  • Grepow Inc.
  • Lithion Battery Inc.
  • Power-Sonic Corporation
  • Digi-Key

 

Lithium Ferro Phosphate Battery Suppliers in Your Country

Types of Lithium Ferro Phosphate Battery Suppliers

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