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Friday Five

14th Oct 2022

CATL has been added to the Global Lighthouse Network by the World Economic Forum, making it CATL’s second Lighthouse plant following its Ningde facility.

 

There are only two Lighthouse factories in the battery industry globally, both of which are CATL’s production facilities.

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Benchmark Mineral Intelligence’s lithium research team has released figures showing that the world will need more than 20X the amount of lithium than was mined last year to meet demand by mid-century. 

 

The data highlights the challenge of scaling up lithium production from new mining projects, which can take over five years to bring online.

 

Near-term, a total of 2.9 million tonnes LCE will be needed by 2032, more than the 2.7 million tonnes of cumulative global production of lithium between 2015 and 2022, according to Benchmark’s Lithium Forecast

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An energy retailer plans to build a 500MW battery energy storage system (BESS) on land it owns in New South Wales.

 

EnergyAustralia said today it is investigating the feasibility of putting a grid-scale battery system with up to half a gigawatt of output at Mount Piper, a 1,400MW black coal-fired power plant in its portfolio.

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General Motors has launched a new division providing energy storage and energy management solutions.

 

The new division, GM Energy, will provide three initial products. New residential and commercial & industrial (V&I) energy storage and management solutions, Ultium Home and Ultium Commercial, join Ultium Charge 360, its existing EV charging solution.

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Our Next Energy (ONE) has announced a $1.6 billion investment in a new battery cell manufacturing plant, called ONE Circle. The recently constructed facility is expected to create 2,112 new jobs when operating at its full annual capacity of 20 GWh by the end of 2027, equivalent to 200,000 electric vehicle battery packs annually.