Search results for Energy storage system
Industry
SKC Q2 operating loss of 14.4 billion won narrows 79 percent year-on-year
SKC posted second-quarter sales of 645.4 billion won and an operating loss of 14.4 billion won, it said on Sunday. Sales rose 38.3 percent from a year earlier and the operating loss narrowed 79.0 percent. EBITDA was 29.1 billion won, about triple the previous quarter, remaining positive for a second quarter. The company completed a 1.16 trillion won rights issue and said net debt and leverage fell sharply.
Industry
Superdielectrics unveils aqueous zinc battery after independent tests
British battery technology company Superdielectrics has released independent test results for its aqueous zinc battery and is targeting the energy storage market for AI data centres. The company said the battery offers a longer lifespan than lithium-ion cells in high-power use, along with faster charging and discharging and higher safety. It said a proprietary polymer separator enables rapid ion movement in an aqueous electrolyte. The company did not disclose energy density or capacity figures.
Industry
Samsung SDI becomes first to prove fire safety of UPS batteries worldwide
Samsung SDI said on Monday its uninterruptible power supply batteries became the first in the world to meet all evaluation criteria in an indoor large-scale fire test overseen by certification body UL Solutions. The test checks whether a fire in a battery module spreads to adjacent racks or systems. Samsung SDI said the ignited module burned out but caused no fire spread, gas release, explosion or rupture, and self-extinguished without sprinklers.
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Industry
CATL unveils world\'s first demonstrated sodium-ion battery ESS, sets commercial supply timeline
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Finance
Samsung Asset Management points to AI bottlenecks as second-half ETF theme
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Industry
Hanwha Solutions issues 300 billion won RCPS, securitises 340 billion won more AMPC
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Mobility
Ford begins first U.S. production of LFP battery cells, to fit in $30,000 electric pickup in 2027
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Industry
ESS oversupply takes hold as output by South Korea\'s three battery makers this year more than doubles demand
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Industry
Tesla solar roof faces existential test as company shifts to standard solar panels
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Industry
Mplus Q1 operating profit 10.2 billion won, up 328 percent on year
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Industry
BYD overtakes Tesla to top global BESS market in 2025
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Finance
Shinhan Bank expands green energy cooperation with Shinhan Asset Management, Hyosung Heavy Industries
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AI & Enterprise
Elice Group, Standard Energy target global market with AI PMDC
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Industry
L&F posts 118.9 billion won Q1 operating profit, returns to profit
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Industry
Battery industry profit recovery comes into view as lithium prices rise
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Industry
Tesla previews 2026 first-quarter earnings with focus on core business growth slowdown
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Industry
Chabi enters California electric vehicle charging market
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Industry
LG Energy Solution converts Tennessee plant to ESS production