Chinese company Contemporary Amperex Technology launched a new energy storage system with a capacity of 6.25 megawatt-hours, Yicai reported on April 10.
The system is expected to revolutionize the renewable energy market as it promises no energy losses for the first five years.
The Tianheng system can be mass produced and placed in a 20-foot container, the Ningde-based battery giant announced yesterday. The energy density of the cell is 430 watt-hours per liter.
According to an industry expert, the product represents a technological advantage because there are not many mass energy storage devices on the market that can achieve a capacity of five MWh and two years of operation without attenuation. However, CATL may focus on foreign projects first as the new product will not be cheap due to the high production cost, the source added.
Electrochemical energy storage devices are becoming an important part of new energy systems, so there is no doubt that the product will reach a large market, Xu Jinmei, chief technology officer of the division, said in an interview. CATL energy storage.
Competition in the electrochemical storage market, which includes batteries, should not be limited to price wars between market participants, as CATL must use its resources to defeat other types of fuel-based energy storage systems fossils, hydrogen or even nuclear energy. This is the only way for manufacturers like CATL to expand the market, Xu explained.
Tianheng perfectly embodies this concept as the product must meet market requirements for high-quality, safe and non-degradable energy storage systems, Xu said, adding that compared to other products, Tianheng’s energy density is a 30% higher, but the station must be 20% less.less.
Systems used to store green energy have become a new growth driver for supplier Tesla. Last year, revenue in this segment was 59.9 billion yuan ($8.3 billion), up 33% from the previous year and much higher than the company’s overall growth of 22%. However, batteries remain CATL’s core business, with energy storage accounting for only 15% of total revenue.
Source: Rossa Primavera
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