In This Issue:

• Ekosolve Lithium Extraction Process a success with Argentine Brines
• Gigafactories continue to expand in Asia, Europe and Americas
• Lithium Battery storage growing as an adjunct to Fossil energy
• More countries plan to phase out diesel/petrol vehicles for EV
• Electric powered planes, ships, trucks and trains move forward

Four minute Read:

Ekosolve™ announced they have completed all their development work on the novel state of the art solvent extract process for efficiently extracting lithium from brines. They are ready to build a large Pilot Plant in Melbourne, Australia and are seeking co-investors. At the lab scale their unique Solvent Extraction process that has significant advantages over most other technologies, successfully completed all the trials and tests and is ready for future development.

Gigafactory Expansion

China’s top battery manufacturer CATL will supply Tesla with lithium iron phosphate (LFP) batteries for Model 3 production at its newly built $2 billion factory outside Shanghai. Northvolt labs – needs €1.6 billion, 8 GWh hours, 250-300,000 batteries a year German manufacturer Tesvolt announced its plans to build one in Germany Tesla’s Nevada site aims to produce 35GWh of batteries per year by 2024, its Gigafactory 4 is cleared the site in Grünheide, near Berlin French battery manufacturer Saft (part of Total since 2016) and the PSA Group (with its Opel brand) two lithium-ion EV battery cell plants in Europe with a total output of 48 GWh annually by 2030, a €5 billion investment, supported by nearly €1.3 billion in public funding from the European Union. BYD northwestern Qinghai province is the world’s biggest in terms of production capacity. It has a production capacity of 24 gigawatt-hours (GWh), which is enough to power 570,000 EV360, (360km travel) Contemporary Amperex Technology, China’s largest EV battery maker, is building a 24-GWh factory and will soon have total capacity of 88GWh. Eve Energy 1.5GWh, Funeng Technology, Guoxuan High-Tech, Quuensland Australia and the list goes on – Korea – SK , Samsung SD and others

Lithium Battery Storage

Less than two years ago, Tesla built and installed the world’s largest lithium-ion battery in Hornsdale, South Australia, using Tesla Powerpack batteries. Since then, the facility saved nearly $40 million in its first year alone and helped to stabilize and balance the region’s unreliable grid.
Battery storage is transforming the global electric grid and is an increasingly important element of the world’s transition to sustainable energy. To match global demand for massive battery storage projects like Hornsdale, Tesla designed and engineered a new battery product specifically for utility-scale projects: Megapack.