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With the rapid heating up of the global energy storage market and the spread of diversified application demand, lithium battery companies are facing new development opportunities and challenges
.
With the continuous reduction of lithium battery costs and technological breakthroughs in recent years, the diversified application of lithium batteries in the fields of small household storage, large-scale energy storage (power generation side, power grid side, user side energy storage) and communication base station backup has developed rapidly, driving the installed capacity of lithium energy storage batteries to rise
.
For different application scenarios, the subdivided energy storage market also puts forward higher requirements for the product performance of lithium batteries, among which low cost, high capacity, long life and high safety are the necessary attributes
of lithium batteries in the large-scale application of energy storage market.
From the perspective of market trends, it is expected that by 2025, the global installed capacity of new energy storage will be 318.
1GWh, with a compound growth rate of 79% from 2021 to 2025, and China, the United States, and Europe will be the largest incremental energy storage markets
.
Among them, Europe has become the world's largest household energy storage market, and the total share of the household energy storage market in Europe, the United States, Japan and Australia exceeds 90%.
On the technical route of energy storage batteries, overseas energy storage cells cover square, cylindrical and soft packages, and the system includes LFP and ternary materials
.
Aiming at the opportunities in the energy storage market, Far East Battery has continuously extended its product line since 2020, developed a series of high specific energy and medium rate products, and established a diversified product matrix
.
Xiang Jiangfeng, executive director of Far East Battery Research Institute, said that the company has effectively improved the comprehensive performance of the battery by selecting advanced material systems such as high-nickel cathode, lithium-rich and silicon-based anode, as well as adding complex structural designs such as multi-pole lugs, fuses, and explosion-proof valves, and the products can be widely used in energy storage, light travel, vacuum cleaners, power tools and other fields
.
Among them, Jiangxi Far East Battery is mainly cylindrical batteries, focusing on the development of high specific energy and medium rate products, which are used in energy storage, light travel, vacuum cleaners, power tools and other fields
.
The company has a production capacity of 4GWh for 18650 batteries and 2 GWh for 21700 batteries
.
Far East Battery Jiangsu Base is mainly based on pouch batteries, focusing on the development of 50Ah-LFP batteries, and achieving a combination of high rate, high energy density and long cycle performance by building a composite conductive network, optimizing the cathode particle size and aluminum foil, which is mainly used in the household energy storage and mobile energy storage markets, with an existing production capacity of 1GWh
.
Based on this, Far East Battery takes "cylindrical + soft package" as the combination to provide customized products and solutions
in the fields of industrial and commercial energy storage and overseas household energy storage.
Its energy storage system products have been optimized and developed in terms of rate characteristics, charge and discharge efficiency, cycle life, and comprehensive electricity cost to control costs, and the products have been widely used in base station energy storage, household energy storage, medical energy storage and other fields
.
In September 2021, Far East Battery received an order for a European household energy storage system with a contract amount of 43.
362 million yuan, and the energy storage business officially entered the European market
.
In addition, Far East Battery is also actively developing battery products and solutions used in power tools, electric two-wheelers, shared power exchange, smart home, electric vehicles and other fields to meet the global dual carbon goal
.
With the rapid heating up of the global energy storage market and the spread of diversified application demand, lithium battery companies are facing new development opportunities and challenges
.
With the continuous reduction of lithium battery costs and technological breakthroughs in recent years, the diversified application of lithium batteries in the fields of small household storage, large-scale energy storage (power generation side, power grid side, user side energy storage) and communication base station backup has developed rapidly, driving the installed capacity of lithium energy storage batteries to rise
.
For different application scenarios, the subdivided energy storage market also puts forward higher requirements for the product performance of lithium batteries, among which low cost, high capacity, long life and high safety are the necessary attributes
of lithium batteries in the large-scale application of energy storage market.
From the perspective of market trends, it is expected that by 2025, the global installed capacity of new energy storage will be 318.
1GWh, with a compound growth rate of 79% from 2021 to 2025, and China, the United States, and Europe will be the largest incremental energy storage markets
.
Among them, Europe has become the world's largest household energy storage market, and the total share of the household energy storage market in Europe, the United States, Japan and Australia exceeds 90%.
On the technical route of energy storage batteries, overseas energy storage cells cover square, cylindrical and soft packages, and the system includes LFP and ternary materials
.
Aiming at the opportunities in the energy storage market, Far East Battery has continuously extended its product line since 2020, developed a series of high specific energy and medium rate products, and established a diversified product matrix
.
Xiang Jiangfeng, executive director of Far East Battery Research Institute, said that the company has effectively improved the comprehensive performance of the battery by selecting advanced material systems such as high-nickel cathode, lithium-rich and silicon-based anode, as well as adding complex structural designs such as multi-pole lugs, fuses, and explosion-proof valves, and the products can be widely used in energy storage, light travel, vacuum cleaners, power tools and other fields
.
Among them, Jiangxi Far East Battery is mainly cylindrical batteries, focusing on the development of high specific energy and medium rate products, which are used in energy storage, light travel, vacuum cleaners, power tools and other fields
.
The company has a production capacity of 4GWh for 18650 batteries and 2 GWh for 21700 batteries
.
Far East Battery Jiangsu Base is mainly based on pouch batteries, focusing on the development of 50Ah-LFP batteries, and achieving a combination of high rate, high energy density and long cycle performance by building a composite conductive network, optimizing the cathode particle size and aluminum foil, which is mainly used in the household energy storage and mobile energy storage markets, with an existing production capacity of 1GWh
.
Based on this, Far East Battery takes "cylindrical + soft package" as the combination to provide customized products and solutions
in the fields of industrial and commercial energy storage and overseas household energy storage.
Its energy storage system products have been optimized and developed in terms of rate characteristics, charge and discharge efficiency, cycle life, and comprehensive electricity cost to control costs, and the products have been widely used in base station energy storage, household energy storage, medical energy storage and other fields
.
In September 2021, Far East Battery received an order for a European household energy storage system with a contract amount of 43.
362 million yuan, and the energy storage business officially entered the European market
.
In addition, Far East Battery is also actively developing battery products and solutions used in power tools, electric two-wheelers, shared power exchange, smart home, electric vehicles and other fields to meet the global dual carbon goal
.