Spain srne lithium battery

Will stellantis and CATL build a lithium phosphate battery plant in Spain?

Automaker Stellantis and Chinese battery giant CATL on Tuesday announced plans to jointly build a 4.1 billion euro ($4.3 billion) lithium iron phosphate (LFP) battery plant in Spain.

Where will a battery be installed in Spain?

In Castilla y León, a battery will be installed in Revilla Vallejera (Burgos), where Iberdrola España completed its first hybrid wind-solar plant in Spain in 2023. Extremadura will have two new batteries. The company will install two batteries in the province of Cáceres, where the C. Arañuelo I and II photovoltaic plants are located.

Are lithium-ion batteries a viable energy storage solution?

In the search for solutions for the storage of energy generated by renewable sources, lithium-ion batteries are currently the most widespread solutions given their performance, technological maturity and cost ratio. These systems can be used stand-alone or in conjunction with renewable energy sources, such as solar or wind energy.

How many batteries will Extremadura have?

Extremadura will have two new batteries. The company will install two batteries in the province of Cáceres, where the C. Arañuelo I and II photovoltaic plants are located. In Castilla La Mancha, two batteries will be installed in the municipalities of Valverdejo, Alarcón and Olmedilla de Alarcón (Cuenca), where Iberdrola España has solar parks.

Are lithium ion batteries rechargeable?

Lithium-ion batteries are rechargeable and use lithium compounds as one of their electrodes. They were developed by Akira Yoshino in 1985, based on earlier research by John Goodenough and other experts. Six years later, Sony launched the first commercial version.