Babcock & Wilcox Enterprises, Inc. announced today that its subsidiary, Babcock & Wilcox MEGTEC, has been awarded a contract for more than $15 million to design and supply battery coating equipment to K.R. ENERGY Group subsidiary FIB S.r.l. for a lithium-ion battery manufacturing facility currently under construction in Teverola, Italy.
B&W MEGTEC will supply equipment for mixing systems, anode and cathode coating lines, and slitting systems, as well as general contracting and plant start-up services. The plant will produce energy storage systems for homes, businesses and electric vehicles.
“We continue to see substantial opportunities for B&W MEGTEC in the global lithium ion battery technology market,” said Kenneth Zak, Senior Vice President, B&W MEGTEC. “From electric automobile batteries to home and industrial-scale energy storage, this is a robust and rapidly growing market. We thank K.R. Energy and FIB S.r.l. for choosing us for this important project.”
Key data points: The growth forecast = 8.6% annually for the next 7 years. Scroll below to get more insights. This market report covers Trends, opportunities and forecasts in AB battery system market to 2031 by type (lithium iron phosphate battery + ternary lithium battery, lithium battery + sodium battery, and others), application (automotive and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)
Download free sample pagesB&W MEGTEC’s proprietary lithium-ion battery electrode coating process uses a simultaneous two-sided horizontal tensioned-web coating method and a patented air flotation dryer. This entire coating and drying method increases efficiency and reduces waste. Benefits of the two-side coating process include improved quality, lower capital and operating costs, and more effective and efficient operation than other traditional coaters.
