KUALA LUMPUR, Jan 14 (Bernama) -- Dutch energy storage and battery company, Lithium Werks B.V., has appointed T. Joseph Fisher III as board chairman.
Fisher, who has been the company’s chief executive since co-founding it in 2017 with Kees Koolen, is a 30-year veteran in the battery industry.
Koolen will be focussing his energies on the development of a separate battery company while remaining a shareholder and supporter of Lithium Werks.
A statement today said the two companies will continue to cooperate closely going forward.
“We are committed to playing a leading role in society’s energy transition to renewables such as solar and wind, and our strategy remains unchanged.
“We anticipate particularly strong growth in Europe, where battery demand appears to be insatiable,” Fisher said.
“As energy storage is an essential part of the energy transition, in Europe and across the world, we expect demand for lithium-ion batteries to grow tenfold over the next decade alone.
“Our expertise in safe, reliable, clean and sustainable energy storage solutions engendered dramatic growth in 2018. As we enter 2019, we expect to expand further in response to soaring demand through both organic growth and further acquisitions, including our future factory plans in China with our local partners,” he added.
Lithium Werks, which already has three smaller battery facilities in China and has operations across three continents, plans to build multiple gigafactories.
The factories and related facilities will produce battery cells and systems for lithium-ion batteries to be used for energy storage and smart grids, as well as for large transportation equipment and industrial applications.
For more information, visit https://lithiumwerks.com.
-- BERNAMA
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