![]() ![]() They supply to Austria, Switzerland, United Kingdom, Ireland, Slovakia, Czech Republic, Italy, Netherlands, Sweden, Norway, the United States and Australia. Germany is the main sales market for energy storage systems. By 2016 Sonnen had already developed and marketed the 8th generation. One of the company founders Torsten Stiefenhofer developed a Lithium-ion ESS for the residential market between 20. ![]() They are considered market leaders in Germany. The company develops and manufactures energy storage systems for the residential and commercial markets. ![]() Sonnen is a German company, founded in 2010 by Christoph Ostermann and Torsten Stiefenhofer. Their unique patented stack and fold technology improve the efficiency of the system by creating a high energy density unit that is also compact. One of the largest energy storage projects is in Germany, at a whopping 140 MWh! Their Lithium-ion ESS technology has been used across Europe, Asia and North America in projects ranging from renewable integration to peak shifting and frequency control. They have also branched out into the energy storage solutions (ESS) market and became the world’s number 1 Lithium-ion ESS company in the world, supplying Lithium-ion energy storage solutions to residential commercial and utility markets. Their Lithium-ion batteries are found in household car brand names such as the Ford Focus, Chevrolet Volt and Renault ZOE. LG Chem also supplies the EV market with Lithium-ion batteries. By the end of 2011, LG Chem was the 3rd largest supplier of Lithium-ion batteries, supplying the market with 1,000 million cells! In 1999 LG Chem completed the development of the Lithium-ion battery and began mass production, a first for South Korea. The company also supplies the IT and electronics industry with display and optical films, printed circuit materials and toners. LG Chem is a supplier of petrochemicals ranging from basic distillates to speciality polymers. The company has eight factories in South Korea and 29 business locations around the globe. It was also the 13th largest chemical factory in the world according to sales revenue in 2014. LG Chem is the largest chemical company in South Korea, with its headquarters situated in Seoul. Here we dive into the top 5 Lithium-ion battery manufacturers. ![]() The Asia-Pacific region is the fastest-growing region for Lithium-ion batteries, accounting for 45% of the market share, followed by North America. Yet the demand for them in EVs and hybrid vehicles is growing and this is expected to be the trend moving forward as market forces drive the popularity of EVs and their prices come down, making them more accessible to the man on the street. Lithium-ion battery use is most popular with mobile phones and laptops. This figure is expected to double in size within the next six years reaching a total market value of US$67.7 billion by 2022. The Lithium-ion battery is the most common form of energy storage in today’s world, powering everything from consumer electronics to EVs with renewable energy storage solutions. In a saturated market though, it can be difficult to know which ones are the best battery storage companies.Ī recent report stated that the global Lithium-ion battery market was worth US$31,7 Billion in 2016. ![]()
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