Who is Yunnan energy new material?

Yunnan Energy New Material Co. Ltd. is ramping up the pace of its global expansion. It is investing more than CNY 6 billion in adding production capacity in the US while capturing a CNY 4.6 billion order from Europe. Yunnan Energy New Material is a major Chinese supplier for separator films used in lithium batteries.

How much will China invest in a lithium-ion battery separator?

The two sides will jointly invest CNY2 billion (USD310 million) in southeast China’s Jiangxi province to build production lines with annual output of up to 1 billion square meters of dry-process lithium-ion battery separator, Yunnan Energy said in a statement late yesterday.

Are lithium-ion batteries the future of energy storage?

While lithium-ion batteries have dominated the energy storage landscape, there is a growing interest in exploring alternative battery technologies that offer improved performance, safety, and sustainability .

What is Yunnan energy new material LTA?

Earlier this year, Yunnan Energy New Material has signed LTAs with major Chinese battery manufacturers including CATL and CALB. The LTA with CATL is worth around CNY 5.178 billion and guarantees an amount of around 3 billion square meters.

Why did Yunnan energy new material stock rise?

(Yicai Global) Feb. 1 -- Shares of Yunnan Energy New Material soared after the Chinese company announced a USD310 million cooperation agreement with Celgard, a well-known American developer of lithium-ion battery isolation membrane technology.

Are lithium-ion batteries suitable for Next-Generation Energy Systems?

Traditional battery chemistries like nickel-cadmium, lead-acid, and even lithium-ion batteries have limitations that constrain their applicability in next-generation energy systems, particularly in terms of energy density, cost, safety, and environmental impact .