Catl energy storage field

What is CATL's new energy storage system design?

Battery industry heavyweight CATL has unveiled its latest innovation in energy storage system design with enhanced energy density and efficiency, as well as zero degradation for both power and capacity.

What is CATL doing with energy storage?

CATL is no stranger to energy storage, having been involved with the Zhangbei wind/solar energy storage facility from 2011, moving indoors in 2020 for Phase I of the Jinjiang station and even landing in Texas for a huge liquid-cooled battery storage project.

What are the functions of CATL lithium-ion battery energy storage system?

The functions of CATL's lithium-ion battery energy storage system include capacity increasing and expansion, backup power supply, etc. It can adopt more renewable energy in power transmission and distribution in order to ensure the safe, stable, efficient and low-cost operation of the power grid.

Could CATL help a data center get green energy?

"That's huge compared to EVs," he said. The grids, and CATL management systems, could serve AI companies scrambling to secure green energy for data centers. CATL would partner with providers of solar panels and wind turbines, Zeng said.

Is CATL a 'green-grid' market?

A GIANT 'GREEN GRID' MARKET CATL’s energy-storage business grew 33% last year, outpacing its EV-battery business. But Zeng sees a much bigger opportunity for CATL by supplying green-grid systems including solar and wind power, dedicated storage and a smart system to draw power from parked EVs.

Why is CATL launching a battery plant in Europe?

The plants are part of a CATL plan to make batteries in Europe for automakers such as BMW, Stellantis and Volkswagen. Zeng said CATL's European business is important in part because the region has prioritized the clean-energy transition. But he called the EU decision to impose tariffs of up to 45.3% on Chinese EV imports "stupid thinking."