Apr 10, 2021 · The CeLLife team has developed an electric fingerprint for batteries, demonstrating that a large number of batteries that end up in a recycling facility would still be salvageable.
Jun 16, 2021 · Researchers at Tampere University are studying and developing new materials for fourth and fifth generation solid-state lithium-ion batteries in the collaborative NextGenBat
Jun 16, 2021 · The global demand for batteries is expected to rise exponentially already in the next few years due to the electrification of transport and growing industry needs. Researchers
Batteries from Finland -project is enhancing the growth of knowledge basis and global competitiveness along the entire battery value chain – from raw material production to battery cell production, battery applications and recycling. The study was commissioned by Business Finland and jointly executed by Gaia Consulting and Spinverse. WHY FINLAND?
The factory has approximately 200,000 battery cells in stock, which come from large data centres in southern Finland. “Some of them have come from backup batteries, which have not necessarily been used at all, but after a couple of years of warranty, these practically new batteries are taken out of service and their fate is to be crushed.
The attractiveness of Finland as operational environment for COMPANIES currently active within the Li-ion battery value chain in Finland was mainly considered as somewhat attractive or attractive covering together 81% of the company representative answers.
China alone accounts for over 50% of the global battery manufacturing market. Batteries are used in a wide range of products and service offerings. The global battery sectors are developing and growing fast with the electric vehicle industry as a key driver.
A wide range of Finnish, Nordic and European technology companies are integrating Li-ion batteries into their overall solutions. Especially in case of large global companies, Li-ion battery technologies and products may become part of their core offering by acquisitions or by organic growth and recruitments. Main actors are shown on the next slide.
A pilot plant now open in Tampere can measure cells at a rate of one million cells per year. CeLLife Technologies’ patented diagnostic technology can sustainably electrify the world. The global green transition will require a huge number of lithium-ion batteries.
The global residential solar storage and inverter market is experiencing rapid expansion, with demand increasing by over 300% in the past three years. Home energy storage solutions now account for approximately 35% of all new residential solar installations worldwide. North America leads with 38% market share, driven by homeowner energy independence goals and federal tax credits that reduce total system costs by 26-30%. Europe follows with 32% market share, where standardized home storage designs have cut installation timelines by 55% compared to custom solutions. Asia-Pacific represents the fastest-growing region at 45% CAGR, with manufacturing innovations reducing system prices by 18% annually. Emerging markets are adopting residential storage for backup power and energy cost reduction, with typical payback periods of 4-7 years. Modern home installations now feature integrated systems with 10-30kWh capacity at costs below $700/kWh for complete residential energy solutions.
Technological advancements are dramatically improving home solar storage and inverter performance while reducing costs. Next-generation battery management systems maintain optimal performance with 40% less energy loss, extending battery lifespan to 15+ years. Standardized plug-and-play designs have reduced installation costs from $1,200/kW to $650/kW since 2022. Smart integration features now allow home systems to operate as virtual power plants, increasing homeowner savings by 35% through time-of-use optimization and grid services. Safety innovations including multi-stage protection and thermal management systems have reduced insurance premiums by 25% for solar storage installations. New modular designs enable capacity expansion through simple battery additions at just $600/kWh for incremental storage. These innovations have improved ROI significantly, with residential projects typically achieving payback in 5-8 years depending on local electricity rates and incentive programs. Recent pricing trends show standard home systems (5-10kWh) starting at $8,000 and premium systems (15-20kWh) from $12,000, with financing options available for homeowners.