China is already number 1 country with the most electricity generated from the renewable sources. Please not the majority of Renewables are still Hydroelectric, Wind is coming second and Solar is third. Exponential growth in Solar installations is the future in my personal opinion.
Why Solar? Elon Musk: "We Have This Handy Fusion Reactor In The Sky Called The Sun".
Elon Musk: "We Have This Handy Fusion Reactor In The Sky Called The Sun. You don't have to do anything, it just works. It shows up every day." Just pure and brilliant like the sun.
Elon Musk Presentation Of Tesla Lithium Energy Storage: PowerWall and PowerPack With "Infinite Scalability".
"We must do it, we can do it and we will do it" - Elon Musk presents one more revolutionary product and it will become the major transitional point for our industry. The most important point here is the price. I am very impressed with the pricing of $3,500 for 10 kWh! Tesla's Gigafactory is supposed to bring the price down to 100 per kWh and than we can talk about the mass market for electric cars and energy storage. It all is coming very fast now: Gigafactory will be in operations by the end of 2016. Solar power is booming all over the world. This energy storage products will be open source as well! Elon is talking about hundreds of Gigafactories to come and LG Chem, BYD, Foxconn and Boston Power are already building ones. Time is to invest in the security of lithium supply to make this revolution happen. International Lithium is very fortunate to have Ganfeng Lithium as our strategic partner in this fast growing market and we are on the ground advancing our J/V projects right now.
Tesla Motors: Energy Storage for a Sustainable Home.
Tesla Motors: Energy Storage for a Sustainable Home.
Lithium Hydroxide - A Perfect Price Storm Just Before Tesla Battery Storage Announcement.
Joe Lowry has published another very interesting article on the current supply and demand in the different sectors of the lithium market and the coming shortage for the lithium battery grade materials. If you are interested in our sector - he will be the one to follow on twitter at https://twitter.com/globallithium.
Joe has recently brought to our attention the rising powerhouses from China in lithium materials sector and, as you know, I am personally involved with International Lithium and Ganfeng Lithium from China as well.
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