Lithium power storage and where lithium comes from

Photovoltaic systems are booming, also in the private sector. Electricity can be stored with the help of lithium.

Between May and August, the European Union produced more electricity from the sun than ever before. It was twelve percent of total electricity production. If this twelve percent had had to be generated with gas, gas worth 29 billion euros would have had to be purchased. The Netherlands generated a particularly large amount of solar power, as did Germany and Spain. In recent years, solar capacity has increased by around 15 percent every year. If the sun does not shine, the question arises of how to store the energy. This is possible thanks to photovoltaic systems and lithium-ion batteries.

Lithium-ion battery technology has only existed since 1989. With these accumulators, energy can be stored. The use of the accumulators takes place more and more frequently stationary, beside the use in electric vehicles or for example cell phones. Compared to lead-acid batteries, lithium-ion batteries shine with a long service life, low maintenance, higher efficiency and a higher depth of discharge. They can store a significant amount of energy and require little space, making them the optimal storage system in the home. The largest producers of lithium are Australia, Chile, China and Argentina. The largest deposits exist in the "lithium triangle" (Argentina, Chile, Bolivia).

Lithium company Alpha Lithium – https://www.youtube.com/watch?v=QyBOY72WjuM – just enjoyed a positive resource estimate for its Tollilar project in the Lithium Triangle.

Cypress Development – https://www.youtube.com/watch?v=hconKNJAX4w – has 100 percent ownership of the Clayton Valley lithium project in Nevada. A feasibility study is expected to be completed soon.

Current corporate information and press releases from Alpha Lithium (- https://www.resource-capital.ch/en/companies/alpha-lithium-corp/ -) and Cypress Development (- https://www.resource-capital.ch/en/companies/cypress-development-corp/ .).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

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