Samsung SDI’s Samsung Battery Box (SBB) 1.5, an power storage system (ESS) battery product to be provided to NextEra Energy within the U.S. (Provided by Samsung SDI)

Until 2018, Samsung SDI was the undisputed chief within the power storage system (ESS) battery market, boasting a world market share of fifty%. However, the corporate’s dominance started to wane as Chinese producers launched cheaper and fewer fire-prone lithium iron phosphate (LFP) batteries. By final 12 months, Samsung SDI’s market share had plummeted to a mere 4.9%, with Chinese firms CATL, BYD, and EVE filling the void with market shares of 40%, 11.9%, and 11.4%, respectively.

This 12 months, Samsung SDI has shifted from a defensive to an offensive technique, seizing a possibility offered by the AI period’s surge in energy demand within the U.S., residence to many large tech firms.

Coinciding with a pointy drop in photo voltaic panel costs, the U.S. has seen a increase in solar energy installations, additional driving the demand for ESS to retailer the generated power. U.S. firms, going through national-level sanctions towards China, have turned to Samsung SDI for his or her ESS wants.

NextEra Energy, the biggest energy firm within the U.S., selected Samsung SDI batteries over Chinese ones primarily as a consequence of their superior efficiency. Samsung SDI’s ‘Samsung Battery Box’ (SBB) 1.5, housed in 20-foot containers, incorporates a 37% improve in power density in comparison with current merchandise by means of area effectivity.

Utilizing NCA batteries, the SBB 1.5 can retailer 20-30% extra power than LFP batteries and can be utilized instantly when related to the ability grid, thus decreasing set up prices. Additionally, the applying of know-how that routinely sprays fireplace extinguishing brokers has eradicated the weak spot of NCA batteries being susceptible to fireside.

Samsung SDI plans to put in manufacturing strains for each electrical car and ESS batteries at a brand new plant within the U.S. The firm goals to mass-produce not solely high-priced NCA batteries but additionally reasonably priced LFP batteries beginning in 2026, focusing on the low-cost battery market dominated by China.

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