news - ShenZhen UFO Power Technology Co., Ltd.

Mr. Mike

What can I do for you?
+8613808858969

ShenZhen UFO Power Technology Co., Ltd.

 sales@ufo-battery.com

 +86-0755-84535976





Language

ShenZhen UFO Power Technology Co., Ltd.

[Guangdong,China]

Business Type:Manufacturer , Trade Company

Main Markets: Worldwide

Exporter:91% - 100%

Certs:ISO14001, ISO9001, CE, MSDS, RoHS, Test Report, TUV

 HomeIndustry News

2023-04-04

More than two-thirds of lithium-ion battery production plant projects in Europe will face the risk of construction delays
According to a study conducted by the European Federation for Transport and the Environment, more than two-thirds of lithium-ion battery production plant projects in Europe will face the risk of construction delays, scale reductions or cancellations.
2022-06-07

The market opportunity for new energy storage has sounded
According to the incomplete statistics of the global energy storage project database of ZHONGguancun Energy Storage Industry Technology Alliance (CNESA), by the end of 2021, the cumulative installed capacity of new energy storage projects in China is 5.7GW, and the newly installed capacity is 2.4GW, with a year-on-year growth of 54%, among which the newly installed capacity on the power side is up to 1GW. The second is the new installed capacity of the power grid reached 854MW. During the 14th Five-year Period, the National Energy Administration put forward a development goal of no less than 30GW in the Guiding Opinions on Promoting the Development of New Energy Storage. If this goal is realized, the new energy storage will increase by at least 10 times. The market is growing at a high speed, but the road of development of new energy storage is still bumpy. Whether the energy storage power station can be reasonably invoked, whether it can obtain reasonable income through the market, and whether the income can be guaranteed stably have been the main problems that have troubled the development of new energy storage. The market urgently needs to straighten out the policy mechanism, price mechanism and scheduling operation mechanism for new energy storage to participate in market operation. In this context, the release of "Notice on Further Promoting the Participation of New energy storage in the power market and dispatching Application" can be said to be a timely rain for the energy storage market and solve the long-expected problem of the industry. The following is our interpretation of the key content of the Notice. I. Adhere to the principle of ma
2022-06-06

Accelerate the participation of independent energy storage in the medium - and long-term market and spot market
In order to further clear the new energy storage market orientation, set up perfect market mechanism, price mechanism and operational mechanism, enhance the level of new energy storage using and guide the healthy development of industry, the National Development and Reform Commission, the state energy bureau recently issued by the "about further promoting new energy storage in electric power market and operation notice (hereinafter referred to as the" notice "), It proposes to accelerate the participation of independent energy storage in the mid - and long-term market and spot market. If an independent energy storage station transmits electricity to the power grid, its corresponding charging power shall not bear the electricity price of transmission and distribution, governmental funds and additional charges. According to the introduction, the new energy storage has the advantages of quick response, flexible configuration and short construction period. It can play a variety of roles in power operation, such as peak, peak, frequency modulation, climbing, black start and so on, and is an important part of the construction of a new power system. It is necessary to establish and improve the market mechanism suitable for energy storage participation, encourage new energy storage to participate in the power market independently, adhere to the market-oriented pricing, continue to improve the dispatching operation mechanism, give full play to the advantages of energy storage technology, improve the overall utilization level of energy storage, ensure reasonable returns of energy storage, and promote the healthy development of the industry.
2022-05-31

German scale energy storage system investment income portfolio will be reshaped
ECO STOR, a German energy storage developer, said recently that recent events and regulatory changes have completely reshaped the revenue mix of energy storage projects in Germany as the market shifts to grid-scale energy storage systems of more than 100MW. Georg Gallmetzer, managing director of ECO STOR, said German energy storage projects will get about half of their revenue this year from peak shaving, with the rest coming from grid support services and day trading. ECOSTOR's main business is the design and development of battery storage systems. Peak-modulated service is a service for which power is injected by a generation facility during peak demand loads of the distribution system operator (DSO) at an annual rate of eur 50 to EUR 100,000 /MW. But Gallmetzer said energy storage projects that come online after December 2022 May not get that revenue stream. "So from now on, the value of new projects will have to come from ancillary services and short-term deals, but fortunately the energy world has changed. The price of the auxiliary market has gone up and the spread on the short-term trade has multiplied, but at the same time the battery price has gone up by about 30 percent compared to last year." He added that ECO STOR's investment decisions on its current projects were made before the Conflict between Russia and Ukraine and the rise in
2022-05-30

There may be a nearly 50% shortfall in global lithium resources
According to CCTV Finance, some experts believe that the world will face a demand shortfall of nearly 50 percent by 2030 if it relies on existing lithium production projects under construction. The International Energy Agency also reported that demand for lithium in 2040 could be 13 times higher than today's levels, and that growth could reach 51 times if all-solid-state batteries are commercialized quickly. In recent years, the global new energy vehicle industry faces rapid growth, and will drive the huge demand for lithium metal raw materials in the market in the coming decades, and the competition for lithium resources is becoming increasingly fierce. Not long ago, snowe Mining equity auction ended, this lasted 6 days and 5 nights of "grab lithium war" finally came to an end, bidding price reached nearly 600 times the starting price. Behind this "crazy" price, is the industry of lithium resource shortage of normal judgment, and then opened up the imagination of lithium price, lithium resources will become the key factor to determine the final pattern of the industry. Data show that in 2021, the global market size of lithium ion battery will reach 545GWh, of which, China's lithium ion battery market size is about 324GWh, accounting for 59.4% of the global market. China has been the world's largest lithium battery consumption ma
2022-05-26

Major breakthrough in lithium battery, 60% charge in 6 minutes
The agency expects China's shipments of anode materials to increase from 365,000 tons in 2020 to 1.48 million tons in 2025, with a compound annual growth rate of 32%. Enterprises with higher graphitization self-supply rate and gradually improved integrated industrial layout have strong cost advantages and are expected to realize both volume and profit. New breakthroughs have been made in lithium battery materials Charging is expected to speed up According to the proceedings, recently, member of China university of science and technology shu-hong yu team with professor Yao Hongbin, NiYong team, committed to solve high energy density lithium ion batteries and the contradiction between the fast charging performance, put forward and the preparation of a new type of double gradient graphite anode materials, realization of lithium ion battery charging 60% in 6 minutes. The results were recently published in Science Advances. At present, electric vehicles driven by lithium ion batteries are favored by people for their energy saving and environmental protection. However, the charging time of electric vehicles is much longer than the refueling time of traditional fuel vehicles, which greatly reduces the user experience. The main reason is the poor rate performance of graphite anode in lithium ion battery, which limits the fast charging ability of electric vehicles.
2022-05-23

China has become the world's largest lithium battery market for five consecutive years
China's lithium industry Development Index reached 307.6 in the fourth quarter of 2021, more than three times that of 2017, according to the Ministry of Industry and Information Technology. From a global perspective, China has been the world's largest lithium battery consumption market for five consecutive years. Strong demand for new energy vehicles is one of the main factors fueling the surge in China's lithium industry. Data from China Automobile Association show that in 2021, the production and sales of New energy vehicles in China will be 3.545 million and 3.521 million respectively, with year-on-year growth of 159.5% and 157.5% respectively, showing year-on-year growth and ending the three-year decline since 2018. Regionally, the sales of new energy vehicles in China will exceed half of the global total again in 2021, while new energy vehicles account for 19.3% of China's overall auto market. The development of new energy industry drives the demand of lithium battery market. Data show that from January to December 2021, China's power battery output totaled 219.7GWh, up 163.4% year-on-year. The cumulative sales volume of power battery reached 186.0GWh, up 182.3% year-on-year. The total loading capacity of power battery is 154.5GWh, up 142.8% year-on-year.
2022-05-18

Progress and trend prospect of new energy storage in the 14th Five-year Plan
Background Under the guidance of the "dual carbon" target, China's energy system is undergoing profound changes. On the one hand, the new installed capacity of grid-connected wind power and solar power will reach 47.57 million kw and 54.93 million kW respectively in 2021, accounting for 58 percent of the total installed capacity of new power generation in the year and becoming the main force of new power generation. The total installed capacity of wind power and solar power has reached 640 million kw, which is close to that of thermal power. On the other hand, the problem of new energy consumption has not been solved, and it is in urgent need of an adjustment method to smooth the output of new energy. The development of new energy storage is an important way to improve the flexibility of China's power system, build a new power system, and ensure the realization of the "dual carbon" target as scheduled. According to the incomplete statistics of Zhongguancun Energy Storage Industry Technology Alliance, by the end of 2021, the cumulative installed capacity of China's energy storage projects (including physical energy storage, electrochemical energy storage and molten salt heat storage) reached 45.74 GW, up 29% year on year. Among them, the highest accumulative installed capacity of pumped storage is 34.5 gw, but the growth rate of electrochemical energy storage is faster, especially lithium ion battery energy storage has become the fastest developing new energy storage technology. Despite the rapid growth of new energy storage installations in recent years, the problems of high cost, poor safety and mismatch of system and mechanism have also been exposed. According to the calculation of system cost of energy storage power station of 1500 YUAN/KWH, battery cycle life of
2022-05-16

The "dual carbon" new energy market should make progress while maintaining stability
From the outbreak of COVID-19 in 2020 to the outbreak of the Russia-Ukraine war, the world energy pattern has undergone profound changes, resulting in far-reaching changes. As the war dragged on, the pace of decarbonisation in Europe slowed to a contest over energy resources and food security. Facing the turbulent international energy situation, China in addition to strengthening its own energy output, but also constantly create new energy. Looking back on 2021: By the end of last year, China's installed renewable energy power generation capacity exceeded 1 billion kW, hydropower, wind power and photovoltaic power generation capacity exceeded 300 million kW, and the proportion of coal consumption dropped to 56%. The share of non-fossil energy consumption will rise to 25.5 percent. Photovoltaic projects, and the construction of desert, gobi and desert large wind power photovoltaic bases with an installed capacity of about 100 million kw. For hydropower projects, all units of wudong Hydropower Station and six units of Baihetan Hydropower Station were put into operation. In the nuclear power project, hualong One, the world's first nuclear power plant, fuqing no. 5, Tianwan No. 6 and Hongyanhe No. 5, were put into operation. The accumulative installed capacity of pumped storage power stations in China has reached 36.39 million kW, the accumulative installed capacity of new energy storage has exceeded 4 million kW, and the replacement capacity of new electric energy is about 170 billion KWH. Looking around 2022: Zhejiang Provincial Development and Reform Commission announces the key construction and pre-arranged projects plan for 2022. It includes 9 wind power projects, including 7 offshore wind power proje
2022-05-12

Benefiting from the development of energy storage industry, 30 listed enterprises compete for PCS market
In recent years, new energy storage technologies are undergoing rapid innovation and development, product iteration and upgrading, energy storage installed capacity doubling, the construction of 100-megabyte energy storage power stations in China is in full swing, and local industrial supporting policies have been issued. In particular, the implementation Plan for the Development of New Energy storage in the 14th Five-year Plan jointly issued by the National Development and Reform Commission and the National Energy Administration was released this year, which once again boosted the demand and confidence of the energy storage industry. According to the data forecast of 2022 Energy Storage Industry Application Research Report of Energy Storage Application Branch of China Chemical and Physical Power Supply Industry Association, by 2025, the increment of installed electrochemical energy storage is expected to reach 12GW, and the accumulative installed capacity will reach about 40GW, more than 90% of which will be dominated by lithium ion batteries. After 2025, the annual installed increment of electrochemical energy storage will remain at 12-15GW, and it is expected that the installed scale of electrochemical energy storage will reach about 110GW by 2030. Energy storage converters, as an important component in energy storage system integration, have benefited from the rapid development of the industry and the continuous stimulation of huge market potential, and have become an important direction for PCS manufacturers to expand. PCS are converters that connect the battery system to the grid (and/or load) for bi-directional energy conversion in an electrochemical energy storage system. It can not only meet the inverter requirements of traditional grid-connected converters to conve
2022-05-10

A-share energy storage annual inventory: quantity progress, quality hesitation
2021 is the first year of the energy storage policy. Facing the trend of "carbon neutrality", a series of energy storage policies have been introduced frequently, far exceeding expectations. Lithium, photovoltaic, wind power, central energy enterprises and other players have been involved in new energy storage, showing a lively scene. However, from the current industrial practice and relevant data of listed companies, energy storage business is not as bright as it seems. With low base and high growth, it is affected by factors such as upstream material cost rising, downstream investors wait-and-see, intensified competition and so on, and its gross profit margin declines and profitability is generally not strong. At present, new energy storage is optimistic in terms of business quantity, but unsatisfactory in terms of business quality. The market mechanism is not mature, and it is in the critical stage of evolution and upgrading from "quantity growth" to "quality growth". Three Typical Players New energy storage can be divided into power supply side, power grid side and user side in terms of application, but from the perspective of business model, it is more appropriate to divide it into three types of players, representing three different resource endowments: One is the lithium battery system, such as Ningde Times, Paineng Technology, Ruipu Lanjun, etc. They have the core resource of electrochemical energy storage -- lithium battery. Meanwhile, energy storage is an important market segment of lithium battery enterprises, which is second o
2022-05-06

Lithium industry pain and happiness, gross margin is looking for the lowest reasonable level
Lithium battery link in the upstream material price general rise and downstream demand, full orders, but generally do not make money, pain and happiness. With the shipment price "reluctantly" rise, production capacity gradually released, this contradiction seems to be alleviated, but it is a drop in the bucket. The lithium industry is still struggling to find a new balance. 01 Supply chain strain continues At present, the effective supply of lithium battery industry is relatively tight, the upstream material not only rises in price, individual supply is insufficient, and the acceptance of downstream customers is not sensitive, so the contradiction is more prominent, the upstream and downstream industry chain game is obvious. At the end of January, it was rumored that Xiaopeng Automobile would mainly use Xinwanda batteries in a new model due to the large price increase of Ningde Times. However, xiaopeng Automobile clarified that it would continue to choose powerful suppliers such as Ningde Times to become core partners. In any case, the fragile supply chain relationship has been put on the table. In this context, both lithium enterp
2022-05-05

Lithium electric first quarter, gross margin pressure mountain, when can be reversed?
It is almost certain that the gross margin pressure of lithium enterprises in the first quarter is relatively large: First, the cost of upstream materials continues to rise; second, the capacity utilization rate/good product rate of lithium enterprises has reached the upper limit; third, the downstream price transmission is slow; fourth, the gradual release of new capacity and potential climb in recent years. Of course, the core factor is the cost of upstream materials. Upstream material prices have been rising since last year, especially lithium carbonate prices since the beginning of the year. This round of supply chain cost caused by the industry crisis, the recent also finally lifted to the table. 01 In the first quarter, lithium enterprises are facing greater gross margin pressure In fact, lithium upstream material prices, is not a new thing. Since the second half of 2020, the price of positive electrode, negative electrode and electrolyte has been rising, and the price of diaphragm has also begun to increase recently and demand exceeds
2022-04-28

The 14th Five-Year Plan is a great opportunity for energy storage development
On April 26, the "2022 Global Energy Storage Industry Development Review and Prospect Seminar" was held. At the seminar, the Energy Storage Committee of China Energy Research Society and Zhongguancun Energy Storage Industry Technology Alliance released the "White Paper on Energy Storage Industry Research 2022". At the same time, the conference has been supported by the National Energy Administration, China Energy Research Society, Institute of Physics, Chinese Academy of Sciences, Tsinghua University and other government agencies, research institutes and universities. Shi Yubo, president of China Energy Research Society, delivered a speech, saying that it is of great significance to systematically review the current situation of global energy storage industry and analyze the future development trend of the industry in order to promote the healthy and orderly development of China's energy storage industry in the context of the normal development of COVID-19 and the changing international situation. Liu Yafang, deputy director of the Energy Conservation and Technological Equipment Department of the National Energy Administration, pointed out in her speech that the "14th Five-year Plan" is a major opportunity for the development of energy storage, and the current important task for the development of new energy storage is to promote the construction of technology, market and policy multi-wheel drive development pattern. The National Energy Administration attaches great importance to the development of new energy storage and has
2022-04-26

How do power batteries meet the TWh era?
Market research institutes estimate that by 2025, global sales of new energy vehicles will reach 16.4 million units. At that time, the global demand for power lithium ion battery will reach 1160GWh(109Wh), formally entering the TWh(1012Wh) era. In 2021, China's power battery output totaled 219.7GWh, which means that the next few years will still be a period of rapid growth of power batteries. How will the market structure change in the TWh era? What are the opportunities for industrial chain enterprises? The market structure is becoming more stable In recent years, new energy vehicles boom. In 2021, the sales volume of new energy vehicles in China reached 3.029 million units, up 143 percent year on year. Driven by the industrial chain heat, China's power battery enterprises are also developing rapidly to seize the booming new energy vehicle market. In recent years, the list of the top ten enterprises with installed capacity in China's new energy vehicle battery and its ranking have been changing, China's new energy vehicle battery enterprise pattern has not yet formed. Xiao Taiming, deputy general manager of Yiqi Lihe, said that the reason why China's power battery market rankings continue to change, because the market is growing rapidly, the technology is also constantly innovating. In this process, who can grasp the market demand, who can obtain the trust of downstream manufacturers, can obtain a higher market share.
2022-04-21

Power Batteries usher in 'golden Age' of Innovation
With raw material prices rising, power batteries are under pressure. Recently, a group of power battery enterprises also launched a new technology, does it mean a new round of innovation? High market demand According to the China Association of Automobile Manufacturers, the production and sales of new energy vehicles reached 465,000 and 484,000 respectively in March, up 1.1 times year-on-year. Among them, the production and sales of pure electric vehicles were 376,000 and 396,000 respectively, with year-on-year growth of 1.1 times. The production and sales of plug-in hybrid electric vehicles were 89,000 and 88,000 respectively, up 1.6 times and 1.4 times year-on-year respectively. The production and sales of new energy vehicles continued the momentum of rapid growth, both more than one million units, market share reached 19.3%, the strategic leading role of new energy vehicles further highlighted. With the popularity of new energy vehicles and the continuous rise of the number of vehicles, a series of problems have emerged while ushering in the moment of brilliance. As the "heart" of new energy vehicles, power battery has always played a crucial
2022-04-19

High cost, energy storage how to solve the problem?
China's power system is transforming to a new type of power system with new energy as the main body. As a flexible regulating power source, energy storage is the "neck" to build a new type of power system. However, with the price of lithium battery rising rather than falling recently, the cost of lithium battery energy storage is high, and other technical routes are not universal, and the new energy storage market mechanism is still not perfect, the enthusiasm of energy storage investment is being troubled. Therefore, how to solve the problem faster in the new energy storage policy is particularly urgent. 01 High cost aggravates the difficulty of energy storage promotion Cost (cost p
2022-04-14

Byd beyond Panasonic, power battery Chinese legion strong hegemony list
This isn't the first time BYD has overtaken Panasonic in recent years. Recently, the latest data of global power battery shipment comes out, and Chinese legion dominates the list with absolute advantage. In the first two months of this year, global shipments of power batteries totaled 53.5GWh, up more than 100 percent from a year earlier, according to market Research firm SNE Research. Among them, Ningde Times' shipments and market share were 18.4GWh and 34.4% respectively, while LG's new energy battery shipments were 7.4GWh and the market share was about 13.8%. Byd surpassed Panasonic in the third place with 11.9% market share. It is worth mentioning that, in the global battery shipment data issued by the above-mentioned institutions in February, although BYD is slightly inferior to Panasonic, but Ningde Times still occupies the first place by an absolute advantage, And China Innovation Aviation has surpassed Samsung SDI. There are six Chinese battery manufacturers in the top ten list. In addition, according to previous data, as of 2021, Ningde times has been the world's largest power battery enterprise for five consecutive years. In this regard, some industry insiders said that the current downstream demand is strong, with the production capacity of Japanese and Korean battery enterprises, the industry competition will become increasingly fierce, then the industry seat will also appear certai
2022-04-12

Power Industry enters "User-centered Era"
The power industry is doing its best to protect electricity, "Power Generation Center Era" in history Electric energy is the most convenient and widely used secondary energy. Coal, oil, natural gas, water, nuclear, solar, wind and biomass energy can all be converted into electric energy. The utilization of electric energy is the main symbol of the second industrial revolution. The convenient utilization of electric energy arouses people's strong dependence and rigid demand for electric energy. Since the reform and opening up, facing the rapid economic recovery and development of the country, the shortage of electricity is quite serious in all parts of the country. The central government has emphasized that the power industry must take the lead in economic development. During this period, it was the core goal of development to raise funds, build power plants and generate electricity, which highlighted the era of power generation as the center and the objective situation of power management of "heavy generation, light supply and no use". In 1998, the Asian financial crisis, the relative surplus of electricity, marking the glorious era of power generation from prosperity to decline. Although the situation of electricity tension has appeared many times in this century, under the situation of multiple power operation, separation of plant network and introduction of competition, "the East is not bright and the west is bright", the social influence of a single power generation enterprise has declined, and the power generation industry has declined.
2022-04-06

Traditional energy giants into trillions of energy storage
In the context of carbon neutrality, the new energy industry has ushered in unprecedented development opportunities, and a trillion market is about to explode. On March 21, the Implementation Plan for the Development of New Energy storage in the 14th Five-year Plan issued by the National Development and Reform Commission and the National Energy Administration proposed that in 2025, new energy storage will step into the stage of large-scale development from the initial stage of commercialization, and have the conditions for large-scale commercial application. By 2030, new-type energy storage will be fully marketized, basically meeting the needs of constructing new-type power system and fully supporting the realization of carbon peak in the energy sector as scheduled. The release of this weighty policy once again pushes the energy storage track to the tuyere. According to the technical characteristics, the main energy storage methods can be divided into mechanical energy storage, electrochemical energy storage, electromagnetic energy storage. From the perspective of new energy storage, electrochemical energy storage has become the energy storage technology with the widest application range and the greatest development potential. At present, lithium batteries are the main energy storage technology. By 2021, more than 88% of the new electrochemical energy storage projects in China are lithium ion batteries, and new battery systems are gradually increasing.
2022-03-31

New energy storage is ushering in a historic opportunity period
From the Guidance on Accelerating the Development of New Energy Storage issued on July 15, 2021 to the Implementation Plan for the Development of New Energy Storage in the 14th Five-year Plan issued on March 21, 2022, it is only eight months later that the promotion of top-level policy design of new energy storage by the state cannot be called urgent and important. Released in October 2021 blockbuster "the central committee of the communist party of China under the State Council about the complete and accurate to fully implement the new concept of development to do a good job of carbon of peak carbon neutral opinion", and more, let's see, peak and energy storage in carbon carbon neutral mission to play "improve power grid to the high proportion of renewable energy given and regulation ability", the value of the function and meaning. Moreover, the convenience, flexibility and safety of emergency standby power and even conventional power supply are all attributed to new energy storage. On March 22, 2022, the "14th Five-year Plan for Modern Energy System" issued by the National Development and Reform Commission and the National Energy Administration once again promoted the large-scale development of new energy storage to a new height. The plan pointed out that new energy storage and hydrogen energy are expected to develop on a large scale and drive fundamental changes in the form of energy system. The construction of a new power system with a gradually increasing proportion of new energy is ready to start, and the technical route and development mode of energy transformation tend to be diversified. One day later, on March 23, the "Medium and Long Term Development Plan for Hydrogen Industry (2021-2035)" was released. The development roadmap for hydrogen and fuel cell vehicle industry has been fast-forward. Compared the hydrogen s
2022-03-30

Us: battery price increase of 20% to 30% will have the biggest impact on optical storage market
The US battery storage market is struggling to adapt to rising raw material costs and has reached a "crisis point". Adam Walters, a specialist lawyer at Stoel Rives, said the sharp rise in the cost of lithium carbonate meant the industry was likely to see a slowdown in new construction in 2022 or 2023. "For many projects, batteries will be uneconomical in the short term. "The cost of raw materials is so high that the overall battery price will increase by 20 to 30 percent, so the economics will not improve." Walters has worked as an in-house lawyer at Tesla and First Solar as a client transaction, commercial and project attorney in the renewable energy and battery storage sectors. Cobalt and other key raw materials for lithium-ion batteries are also rising in price, but lithium carbonate, which has risen fivefold since Last August, is a huge problem, he said. The price of lithium carbonate in China will rise from about Rmb100,000 ($15,000) per tonne to about Rmb500,000 ($78,000) in the first half of 2022. Prices have doubled in the past two months, and in the two months before that. Such a scenario would be "a sea change for the industry," Walters said. "I think it will be a temporary change, but it is enough and raw material prices are out of control." Top battery suppliers now set prices based on the spot market, passing those prices on to developers. This means that the set price is very short-term, and if the supplier's terms are not agreed and an agreement is signed within five to 10 days, the buyer loses the price and has to renegotiate.
2022-03-29

Lithium wars: As bad as the business model is, the backlash is strong
In lithium, a racetrack full of smart money, it is hard to run faster or smarter than anyone else -- because good lithium is expensive and expensive to develop, and has always been a field of strong players. Last year zijin Mining, one of China's leading mining companies, went to sea and won the Tres Quebradas Salar(3Q) lithium salt lake project in Catamarca province in northwestern Argentina for $5 billion. It soon became clear that the $5 billion thrown away was just mining rights, with billions of dollars of capital spending still waiting to be paid for by Zijin to complete mining and refining. The tens of billions of dollars of mine cash invested to fill only one mine has made many outside capital shy away. In fact, if we arrange all a-share listed companies with lithium mines according to market value and reserves, we will find an almost cheating formula: the smaller the reserves of lithium carbonate, the higher the relative market value of the company. The logic of this formula is not hard to calculate: The super-strong financing capacity of an A-share listed company combined with the business model of lithium resource development with ultra-high profit margins (payback period of no more than two years) makes the market more willing to give higher valuations to companies with relatively low resources.
2022-03-22

China's new energy storage industry to enter the "fast lane" market environment needs to be improved
With the increasing proportion of wind and solar energy in China's energy system, energy storage technologies and industries closely related to the development of new energy have also attracted much attention. Since this year, provinces and cities have accelerated the implementation of energy storage projects, and more than 20 provinces have defined the proportion of supporting energy storage equipment allocation and storage. Accelerate the layout of energy storage construction in multiple places In Changxing, Zhejiang province, a 6.7 billion yuan new energy battery production base project has begun. The project plans to build the world's leading energy storage system around new energy raw materials such as lithium iron phosphate and ternary materials. Chen Xuefeng, Deputy Director of Changxing County Development and Reform Bureau, Zhejiang Province: "Much starker choices-and graver consequences-in" period we have already started planning layout set "source network load store sale" one of the energy system, energy storage industry as one of the important link, we support the market main body, especially the leading enterprises, strengthen product technology research and development, the leading enterprise of technology more mature, we attract to changxing investment development energy storage industry. During the 14th Five-Year Plan period, Zhejiang province will strive to achieve the development target of new energy storage demonstration projects of about 2 million kW.

Industry Information

What is the difference between a power lithium battery and a capacity lithium battery?
The power battery is the power source that provides the power source for the tool, and refers to the battery that powers the electric car, the electric train, the electric bicycle, and the golf cart....
Lithium-air battery technology analysis of the final form of lithium battery
If the lithium-sulfur battery is the next-generation lithium battery to replace the lithium-ion battery, then the lithium-air battery will be the final form of lithium battery. From the birth of...
Shenzhen Lithium battery manufacturer analysis: lithium battery charge and discharge life
Lithium battery life problem: Is the cycle charge and discharge once less life? Before answering this question, let us first talk about the test conditions of lithium battery cycle life. The cycle is...
Lithium-rich manganese-based power battery: the mainstream of lithium battery development in the future?
Compared with the high-nickel ternary batteries and all-solid-state lithium batteries that are currently in the industry, the field of lithium-rich manganese-based batteries, which are highly...

 HomeIndustry News