Argentina energy storage battery factory

Will China build a lithium battery factory in Argentina?

From pv magazine LatAm Matías Kulfas, the Minister of Productive Development of Argentina, and Gerardo Morales, the governor of the northern Argentinian province of Jujuy, signed a memorandum of understanding last week with China's Ganfeng Lithium to build a lithium battery factory.

When will Argentina's first lithium plant start production?

Argentina's first National Plant for the Technological Development of Lithium Cells and Batteries will start production in September on the premises of the National University of La Plata (UNLP), Y-TEC (a subsidiary of the state-owned oil company YPF) head Roberto Salvarezza announced Thursday.

Does y-TEC sell lithium in Argentina?

In the case of lithium, Y-TEC signed a contract with American company Livent, which extracts the mineral in Catamarca and, for the first time, sold part of its production in Argentina. According to Salvarezza, for industrialization to grow in scale, part of the production ought to be sold on the local market.

Did BMW buy a lithium ion battery from Argentina?

Two years ago, it announced the construction of the first lithium-ion battery factory in Latin America. Recently, BMW said that it would acquire more than $300 million of lithium from Argentina. This content is protected by copyright and may not be reused.

How many batteries can a battery plant produce a year?

The plant’s annual manufacturing capacity will be 13 MWh, equivalent to 1,000 batteries for stationary energy storage of renewable energy, or around 50 batteries for electric buses.