Börse Express – Hithium will present new innovations in the field of energy storage batteries at RE+ 2022

Xiamen Hithium Energy Storage Technology Co., Ltd. (“Hithium”) celebrated a successful launch of its latest offerings in battery product innovation at RE+ 2022 in Anaheim, USA this week.

One of Hithium’s two latest breakthrough batteries, the newly released state-of-the-art 300Ah prismatic cell designed for electrical energy storage is capable of achieving “zero” loss in the first three years of use[1], with a long cycle life of 12,000cls and an energy efficiency of 95%. With further improved cycle times and high-efficiency energy output, the energy storage system using 300Ah prismatic Hithium cells can reduce the LCOE by about 25.3%, improve the IRR by about 18.4% and most importantly the initial investment, compared to the energy storage using 280Ah cells by about 5%.

The innovative 46 mm cylindrical cell also presented features a revolutionary shape that allows a 10% reduction in battery costs and extremely high safety standards compared to a typical prismatic cell. The 46mm cylindrical cell features high consistency, exceptional durability and superior flexibility, offering a versatile approach to home energy storage. As far as safety is concerned, the large cylindrical cell offers higher explosion resistance due to its innovative design and can withstand higher pressure than conventional models. Both the 300Ah prismatic cell and the 46mm cylindrical cell will be available worldwide from Q1 2023.

In addition to the new additions, Hithium also presented its complete range of energy storage batteries at RE+, which attracted great interest from the specialist audience. Hithium’s products leverage innovative, breakthrough technologies to improve energy storage for utility, C&I and homes while providing high safety, high efficiency, long life and lower LCOE.

Speaking of RE+ 2022, Hithium Overseas Market Sales Director Scott Wang said: “Energy storage is an incredibly important industry that is a key contributor to achieving carbon neutrality goals. This importance, coupled with support from policymakers and economic demand, has already resulted in immense capacity growth. At Hithium, we will continue to strive for excellence in battery research and development and intelligent manufacturing to provide our partners with state-of-the-art energy storage batteries and manufacture superior products.”

About Hithium

Hithium is a passionate and reliable innovation leader focused on energy storage. We specialized in the R&D, production and sales of LFP energy storage batteries and systems. With a strong customer focus, Hithium is committed to safe, efficient, clean and sustainable energy storage solutions for the world.

As one of the fastest growing technology companies in China, Hithium was founded in 2019 and now has over 800 R&D engineers with extensive experience in energy storage. Hithium’s automated and intelligent production facility is integrated with MES, and the whole production lines are equipped with RFID, PLC, IPC, PC, etc. Hithium plans a total investment of USD 4.71 billion and a factory area of ​​1,400,000 m2 to achieve energy storage battery production capacity of 135 GWh in 2025.

Note 1: The data is supported by Hithium Test & Verification Center: Discharge energy decay rate ≤1% (25℃100% DOD, after the initial 1000 cycles charging and discharging 1 cycle per day, this could be for about 3 years )

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