G8 an Asian Floating and Offshore Renewables Specialist will Deploy 3DOM’s Next-Generation Li-ion Batteries

In Singapore, a recently finished G8 cabling project transfers solar power generated offshore and plant data to land. 

G8, a subsea engineering and floating and offshore renewable energy firm, will utilize 3DOM Singapore’s (3DOM SG) sophisticated lithium-ion battery technology in all of its Asian renewable energy projects. 

3DOM SG, a subsidiary of Japanese lithium battery startup 3DOM, will be the primary provider of batteries and energy storage solutions for G8’s wind, solar, and hydroelectric power projects. 

In addition, as part of the agreement, 3DOM would invest up to US$10 million in G8, valuing the company at US$200 million. In addition, new shares in 3DOM SG will be issued, representing an 8% ownership in its share capital, in return for 24 % of G8’s share capital. 

G8 Subsea, a Singapore-Norwegian firm, is developing over 2.5GW of renewable energy and subsea transmission projects in Asia, including offshore wind farms and floating solar PV. 

Meanwhile, 3DOM has created technologies such as a lithium manganese iron phosphate (LMFP) battery with a high energy density cathode material that has better thermal stability and cycle life than nickel manganese cobalt (NMC) batteries. 

It has also created high-temperature lithium-ion batteries, which it claims may be used in a wide range of applications, especially in semi-tropical and tropical climates. It also includes a patented separator that is more than 70% porous and capable of operating at temperatures up to 400°C, according to 3DOM, which decreases the risk of explosions and fires. 

The parent company 3DOM owns the majority of the battery technology and patents, however, some are shared with partners including Tokyo Metropolitan University. All of 3DOM’s partners have given their approval for the company to license its innovations through 3DOM SG. 

3DOM was created in Japan in 2014, and its Singapore-based subsidiary was incorporated in 2019, with revenue-generating activities expected to begin next year, commencing with the LFMP and high-temperature resistant Li-ion batteries. 3DOM is in talks with OEM battery manufacturers in Japan and Taiwan, with plans to service both the electric transportation and stationary energy storage markets. 

3DOM SG will deliver battery monitoring and control technology, as well as the batteries themselves, as part of the arrangement with G8, and will allocate first- and second-life batteries to projects. The partners will also look at other renewable energy options, such as biomass, as well as further prospects in the wind, solar, and hydro. 

G8 and 3DOM will investigate developing a circular economy for first- and second-life battery supply in electric mobility. In mid-November, 3DOM SG announced a planned ‘reverse takeover’ with Singapore investment company Reenova, which would value the battery company at US$1 billion. 

PC: https://www.uni-muenster.de/MEET/en/presse/news/Symposium_Lithium_Metal_Anodes.html