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WIND ENERGY
built in 2017, offers space for fur-
ther production expansion. “At a “THERE ARE SOME ADVANTAGES TO THIS. FOR
single location, we can not only of- INSTANCE, THE SYSTEM IS LESS COMPLEX AND
fer Synchrodrive and Synchrochain THEREFORE LESS PRONE TO VIBRATIONS AND
belts, but also combine both prod- DISTURBANCES AT THE TOP OF THE NACELLE.
uct types with each other – just like OUR BELTS ARE ALSO EXTREMELY LOW-WEAR
in Goldwind’s application has never AND DURABLE.”
been done before and makes us a
much more effective partner,” sums Rolf Marwede, Head, Continental’s location in Dannenberg.
up Marwede.
Continental therefore sees its mounting elements, films for reduc- of around 650 gigawatts had been
partnership with Goldwind as an ing wind resistance, and hydraulic installed around the world. By way
important cornerstone on which lines. Wind is an unlimited resource. of comparison, 40 gigawatts would
to further develop its focus on the Wind turbines are considered clean, be enough to supply electricity to
topics of sustainability and resource with the wind power they provide every household in Germany. With
conservation. In addition to drive being the ideal complement to other installed power of well over 200 gi-
belts, the company supplies the energy sources. By the end of 2019, gawatts, China is by far the world’s
wind turbine manufacturer with wind turbines with a total output largest wind market.
EMOBILITY
Sodium-ion batteries go down under
aradion Ltd. has announced its first order from ICM Vehicle) technology, making it a priority market for Fara-
FAustralia. Sodium-ion batteries, owing to their excep- dion. Further, as the world seeks out alternatives to China-
tional superiority over lithium-ion batteries, are likely to dependent Lithium-ion batteries, Faradion’s Sodium-ion
revolutionise the automobile/mobility, storage and mobile based technology offers a promising solution. In line with
sectors across the world. Faradion’s Sodium-ion technol- this, Faradion is actively exploring manufacturing presence
ogy provides similar performance to conventional chem- in India for its Sodium-ion batteries for diversified applica-
istries, while replacing expensive materials such as cobalt tions.
and lithium with the far more abundant sodium. Unlike Having seen significant interest in regions such as the
lithium-ion batteries, Faradion’s sodium-ion batteries have US, Europe and India due to its performance, safety and
exceptional thermal stability and safety. Further they can price point, James Quinn, CEO of Faradion, says Australa-
be safely transported and maintained at zero volts. sia is the next logical region for Faradion given the market
India is one of the largest markets for mobile devices conditions.
across the world. Recently the country has also demon- “Faradion is accelerating large scale industrialisation of
The Economic Times POLYMERS | April-May 2020
strated significant progress in the adoption of EV (Electric its safe, low cost, Sodium-ion energy storage technology.
After Australia, we foresee India as our next priority big
“FARADION IS ACCELERATING market, given the huge growth in mobile devices and a
LARGE SCALE INDUSTRIALISATION bigger electric mobility market waiting to grow rapidly.”
OF ITS SAFE, LOW COST, Quinn concludes.
SODIUM-ION ENERGY STORAGE In recent years, Australia and New Zealand have dem-
TECHNOLOGY. AFTER AUSTRALIA, onstrated a steady uptake in battery storage in residential,
commercial and grid scale applications due to factors in-
WE FORESEE INDIA AS OUR NEXT cluding significant reductions in the cost of storage and
PRIORITY BIG MARKET, GIVEN solar systems; increasing cost of electricity, concerns about
THE HUGE GROWTH IN MOBILE blackouts and financial incentives and policies from the
DEVICES AND A BIGGER ELECTRIC government.
MOBILITY MARKET WAITING TO Speaking about this order from ICM Australia, Thom-
GROW RAPIDLY.” as Gregson, ICM Australia Investment Director said, “This
James Quinn, CEO of Faradion order represents a first step for an Australian company to
commercialise world leading sodium-ion technology.”
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