Leading industry companies join forces to apply their patented technologies to the development of new materials to enhance Lithium-ion batteries’ performance.
The powerful combination of Tekna’s 30 years of expertise in Plasma technology and LG Chem’s extensive knowledge of advanced materials will result in a new material for batteries. The benefits the partnership is seeking are higher storage capacity and improved cycle stability. By improving the batteries’ performance one can accelerate its adoption for new applications, such as electronic airplanes or power grids. Batteries is a clean substitute to both coal and fossil fuels.
This joint development agreement with Tekna has enabled
“The Energy Storage segment is a key development area for Tekna and this joint development with
Tekna and LG Chem’s development project is an active contribution to the UN Sustainable Development Goal on ensuring access to affordable, reliable, sustainable and modern energy for all. Energy efficiency and renewable energy like wind and solar are the cornerstones to the clean energy transition required to meet the goals of the Paris Climate Change Agreement. Improved battery capacity increases the possibility to store clean energy from windmills and solar cells, and is therefore key to the transition to a renewable-fueled world. It is also resource efficient as it reduces the volume of raw materials in manufacturing of batteries.
Under its Energy Storage segment, Tekna has developed the Si-nergy process, a cost-efficient method to produce silicon nano powders that are used in the manufacturing of Lithium-ion batteries. The use of silicon nano powders could increase the Lithium-ion batteries’ energy storage capacity by up to 60%, according to theoretical models.
For more information on Tekna and its Energy Storage activities, visit our website http://www.tekna.com.
About LG Chem
Disclosure regulation
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.
Contacts
Arina van Oost , Investor Relations | VPCorporate Strategic Development & Innovation , +1 438 885 6330, Investors@tekna.comRemy Pontone , VP Sales & Marketing, +33 670 059 795, Remy.Pontone@tekna.com
About Tekna Holding AS
Tekna is a world-leading provider of advanced materials to industry, headquartered in Sherbrooke,
Attachments
- Download announcement as PDF.pdf
© NTB Norway, source