Knowledge analysis of lithium battery energy storage technology

In the energy storage market, there are stable lithium battery technology transactions almost every quarter. In addition, a considerable amount of funds have entered the energy storage system. A new report by research firm MerccomcapitalGroup shows that battery storage companies raised US$1.4 billion in venture capital in the first half of 2019, up from US$543 million in the same period last year. Most of the record numbers came from this transaction, in which North Volt raised $1 billion for a 16 kWh project. Prabhu, chief executive of MercomCapitalGroup, said that with the rise in the industry and the decline in costs, battery companies have continued to increase their venture capital for the third year. As venture capital from battery storage companies increases, battery technology is receiving more and more attention. Battery technology can integrate more renewable energy sources and may replace a large number of fuel-powered vehicles nationwide. Prabbe said that we started tracking these data in 2014, and the 1.4 billion US dollars in the first half of this year was unprecedented. Many oil and gas companies and utility companies are investing heavily in projects such as battery storage, smart grids, and energy efficiency companies. Utilities invest to know the technology and possible future acquisitions, Prabhu explained. Oil and gas companies are also seeking to enter the field of renewable energy. Data shows that most of the investment in the battery storage field comes from the United States and Europe. Although battery storage is rising rapidly in the Chinese market, the channels for obtaining venture capital are not smooth. Earlier this year, Zhang Jing, secretary general of the Zhongguancun Energy Storage Industry Technology Alliance, said: my country's energy storage industry has just started. We want a financing platform for innovative companies in the energy storage industry to complete the combination of technology, products and capital, which is critical to the next development of my country's energy storage industry. Although the domestic energy storage market is a newly cultivated vast wasteland, now foreign energy storage businesses can deploy more space. Attracted by the trillion-dollar energy storage market, BYD's energy storage containers were exported to Brazil for the first time this year, and another 22 containers were exported to the UK. The company signed a 100MWh battery energy storage system cooperation plan with Mexico. CNP Taizhou Technology Co., Ltd. is based on the current energy storage market, focusing on the research and development of energy storage systems, actively exploring overseas markets, and has reached cooperation with Canada, the United States, Lebanon and other countries. Disclaimer: Some pictures and content of the articles published on this site are from the Internet. If there is any infringement, please contact to delete.