Congo Republic sunboost battery

Can the Democratic Republic of the Congo produce lithium-ion battery cathode precursor materials?

London and Kinshasa, November 24, 2021 – The Democratic Republic of the Congo (DRC) can leverage its abundant cobalt resources and hydroelectric power to become a low-cost and low-emissions producer of lithium-ion battery cathode precursor materials.

Who is sunboost?

Sunboost is a high-tech enterprise focusing on the R&D, manufacturing and sales of energy storage battery and solar power inverter. Since 2009, bring clean energy everywhere! Sunboost provides customers with standardized energy storage inverter products, customized solutions and OEM services. Since 2009, bring clean energy everywhere!

What does sunboost do?

Work with global partners towards a sustainable future. Sunboost Technology Co., Ltd is a national high-tech enterprise focusing on the R&D, manufacturing and sales of "Sunboost" brand energy storage and inverter-related products. Sunboost provides customers with standardized energy storage inverter products, customized solutions and OEM services

How much would a DRC plant cost?

This is three times cheaper than what a similar plant in the U.S. would cost. A similar plant in China and Poland would cost an estimated $112 million and $65 million, respectively. Precursor material produced at plants in the DRC could be cost competitive with material produced in China and Poland but with a lower environmental footprint.

How much cobalt does the DRC produce?

“The DRC produces about 70 per cent of global cobalt but captures just 3 percent of the battery and electric vehicle value chain.

What types of inverters does sunboost offer?

Sunboost's inverter products cover four major application scenarios: residential energy storage, C&I energy storage, microgrid and grid-side energy storage, including small-scale residential ESS on/off-grid inverters, microgrid PV+ESS integrated machines.