Greece is getting four new battery energy storage systems (BESS) amounting to 105 MWh, while Germany''s Intilion will develop 65 MWh for Switzerland''s Primeo Energie.
LG to Produce LFP Batteries for ESS in USA LG Energy Solution plans to start mass production of lithium iron phosphate (LFP) batteries for energy storage systems (ESS) in the United States in the second half of
Chinese LFP battery giants like CATL and BYD are accelerating overseas. Explore key projects, market trends, and why Tesla and Ford are switching to LFP tech.
LFP relies on iron, phosphate, and lithium, which have more stable supply chains. In 2025, automakers aim to secure stable battery supply amid global trade tensions,
Tesla is charging toward a major milestone in its quest for battery dominance. On June 28, 2025, the company announced that its first North American lithium iron phosphate (LFP) battery manufacturing facility, located in
As the world transitions towards cleaner and more sustainable energy solutions, battery storage systems have become an essential component of the renewable energy landscape. Among the various energy storage technologies available,
A BESS project selected last year in Greece''s second battery storage auction is now a step closer to materialization, Faria Renewables revealed. The company signed a loan
Greek renewable energy company Faria Renewables is looking to the financial sector for backing to build its planned battery energy storage system (BESS) with a power outout of 49.9 MW and a storage capacity of
Genezen is introducing a next-generation energy storage solution in early 2026. A hybrid semi-solid state LFP battery system that delivers unprecedented safety and power density. With its
In this context, the EU-funded Battery2Life project aims to transform used batteries into valuable assets by revolutionising battery system designs and management. By introducing adaptable
Greece is getting four new battery energy storage systems (BESS) amounting to 105 MWh, while Germany''s Intilion will develop 65 MWh for Switzerland''s Primeo Energie.
Norwegian power producer Statkraft AS said on Tuesday it has secured environmental approval for its 23.87-MW Talayuela II battery energy storage system (BESS)
Hyundai and Kia eye cheaper EVs with LFP battery tech Hyundai and Kia launched a new project to develop lithium iron phosphate battery cathode material for future EV models.
Recent advances in battery technologies are delivering innovative energy storage solutions both for hybrid clean energy grids and for a new generation of electric vehicles. LFP Batteries vs NMC and NCA Batteries
The facility, which is scheduled to become operational in 2027, was originally designated to produce only NCM batteries, but will now also produce the cheaper LFP battery cells.
The successful financial close and secured funding come as part of ELSEWEDY Electric''s broader strategy to lead in the development of green and renewable energy projects. This
CEO Maria Papadopoulou highlighted the significance of Greek lenders supporting flexibility infrastructure. Construction will begin soon, managed by a local
However, this project is scheduled to run for four years and is therefore unlikely to have a direct impact on LFP cells, which are expected to be ready by 2025. Also in September, the Korea Economic Daily wrote that
Meet ReLiFe, a game-changer lithium batteries recycling project from Sunlight Group and partners. Find out how this innovative collaborative initiative, funded by EU, supports lithium-powered e-mobility, vertical
The initiative, dubbed "LFP Project America," is designed to support ABF''s eventual need for up to 40,000 tons of annual fully localized LFP CAM for LFP battery cell
Sunlight Group operates state-of-the-art LFP battery pack assembly plants in Greece, USA and Italy and is exponentially expanding its capacity, having reached 2.3 GWh of Li-ion batteries
AMSTERDAM – Stellantis and CATL today announced they have reached an agreement to invest up to €4.1 billion to form a joint venture that will build a large-scale European lithium iron phosphate (LFP) battery plant in
The initiative ("LFP Project America") is to support ABF''s eventual need for up to 40,000 tonnes of annual fully localized LFP CAM for LFP battery cell production in North America by 2028.
Both projects will be completed in 2025 and will utilise lithium iron phosphate (LFP) battery technology. The two projects were part of a total of 12 totalling c.400MW that
This work incorporates base year battery costs and breakdowns from (Ramasamy et al., 2022) (the same as the 2023 ATB), which works from a bottom-up cost model. Base year costs for
In 2025 CATL announced a ''dual power'' battery. Sodium-LFP Dual-Power Battery: Combines sodium-ion with LFP self-forming anode technology, enhancing cold-weather performance and range. LFP-LFP Dual-Power
Korean automakers Hyundai and Kia have a joint project to develop lithium iron phosphate (LFP) battery cathode material. Hyundai has updated its goal to develop a LFP battery with an energy density of 300Wh/kg
Hyundai and Kia announced a new project last month to develop LFP battery cathode material for lower-cost EVs. The automakers are partnering with Hyundai Steel and ExoPro BM to develop a precursor
Explore the latest advancements in Lithium Iron Phosphate (LFP) batteries, including safety breakthroughs, high-performance applications, and their role in sustainable
General | July 29, 2025 Faria secures financing for 49.9 MW battery project in Greece The 28 million euro project is being implemented under the National Recovery and Resilience Plan
The majority of newly installed large-scale electricity storage systems in recent years utilise lithium-ion chemistries for increased grid resiliency and sustainability. The capacity of lithium
