Lithium Battery

What is a Lithium Battery?

Among the developed batteries, lithium-ion batteries (LIBs) have received the most attention, and have become increasingly important in recent years. Compared with other batteries, LIBs offer high energy density, high discharge power, high coulombic efficiencies, and long service life. These characteristics have facilitated a remarkable advance of LIBs in many frontiers, including electric vehicles, portable and flexible electronics, and stationary applications like BESS.

What are the major components of a Lithium Battery?

A battery consists of several key components: the anode, cathode, separator, electrolyte, and two current collectors (one positive and one negative).

1. Anode and Cathode: These are the electrodes where lithium ions are stored. The anode is typically the negative electrode, while the cathode is the positive electrode.

2. Electrolyte: This is a conductive medium that facilitates the movement of lithium ions between the anode and the cathode. It is usually a liquid or gel-like substance.

3. Separator: Positioned between the anode and cathode, the separator prevents direct electrical contact between them while allowing the passage of lithium ions through it.

4. Current Collectors: These are conductive materials attached to the anode and cathode that  collect and transfer electrical current to and from the external circuit.

How Lithium Battery Works?

Let me explain the basic construction of a battery. Lithium Battery is one of the rechargeable batteries. The working and function of a lithium battery is same as any other battery. The battery is a combination of cells. First, we need to know what is a cell. The cell is a closed entity that has 3 components: an Anode, a Cathode, and a Separator. Anode means positive (+) terminals, Cathode means negative (-) terminal, and Separator is a porous membrane that physically separates anode and cathode.

According to our needs, we can connect these cells either in series by connecting the anode of one cell to the cathode of another cell and so on or we can connect the cells in parallel by connecting the anode of all the cells and cathode of all the cell. 

Power is defined as the product of voltage and current (P=VxI) rating. This power can be used by connecting a load to the battery and this complete circuit is known as an external circuit. This circuit can either be a DC solution whether we are using a DC load or whether we are using an AC load we can connect the battery using an inverter of a specific rating.

When the load is connected the current flows from the anode to the cathode i.e. positive to negative terminal. Whereas, while charging the polarity is reversed, and the current flows from cathode to anode.

How to make a battery?

From smartphones to electric cars to home energy storage devices, rechargeable batteries power our modern lives. But have you ever stopped to wonder what's inside these devices that allow us to send emojis, drive around town and so much more? If so, check out the Advanced Battery Facility. To know how do all these parts get assembled? Here are the seven most important steps in the process: https://www.loomsolar.com/blogs/collections/how-to-make-a-battery

Lithium Battery Price List in 2024

The price of a lithium battery is measured in kWh. At present, the price of a 5kWh battery is Rs.1,15,000 which comes in 100 Ah /51.2 Volt ratings.

Last Updated on:

Batteries Models	Price All Inclusive
CAML 100Ah, 51.2V / 5.12kW	₹1,15,000
CAML 100Ah, 48V / 5kWh	₹1,08,000

The price of a Lithium Battery is almost two times higher than a lead-acid battery, but in the next 2-3 years, the cost of a Lithium Battery will be at par with Lead-acid batteries.

How is a Lithium Battery different from a Lead Acid Battery?

Lead-acid batteries use plates of lead and lead oxide in a sulfuric acid solution. Commonly used in cars and trucks these batteries are rechargeable. Lead-acid batteries are less expensive, but they have a shorter lifespan and require regular maintenance. Lithium batteries are much more expensive upfront, but they are maintenance-free and have a longer lifespan. The leading popularity of lead-acid batteries is because they are not only dependable but are also very cheap. However, this technology is old and technicians prefer lithium batteries to better suit the purpose, given its higher efficiencies and densities. Lithium batteries are more efficient and charge faster when compared to lead-acid batteries. Lithium is a premium battery technology with a longer lifespan and higher efficiency.

Factors	Lithium Battery	Lead Acid
Charging Efficiency	Fast Charging - 100% Capacity, A lithium battery can be charged 50% in just 30 minutes	Low - only 70%
Weight	9 kg/kWh, On Average, Lithium-ion batteries weigh 3 times less than standard lead acid batteries	30 kg/kWh
Maintenance	Low Maintenance	High maintenance cost, Water top-up required every 3 months
Battery Life	1500 - 2000 life cycles	500 - 1000 life cycles
Safety	Release no gas, are suitable for most of the applications	Releases gas during charging the use is not permitted in the food industry

What are the uses of Lithium Batteries?

As already mentioned, lithium batteries are finding an increase in applications in emerging technologies. Solar is already cheaper than coal and this trend is only going to accelerate. However, the biggest problem with solar systems is that they have to be dependent on the electricity grid for storing the excess power generated during the day and drawing power from the grid at night. This is done because the electricity grid acts as a free source of energy storage for solar panel systems. However, the industry soon realized that this is not a feasible option in the long run as utilities are the biggest competitors for solar. Hence, they began to use a self-reliant storage option to support the flawless working of the solar system.

1. Pharmacy	2. Office	3. Showroom
4. Shops	5. Home	6. Street Light
7. DIY Projects	8. Agricultural	9. Crossing Lights

Solar energy plus storage has already gained traction since the economy is driving the faster adoption of solar systems that are paired with lithium batteries. These batteries are very versatile and besides storing energy for the house, they can also be used in wholesale energy markets for providing capacity and frequency regulation. Solar plus storage options with lithium batteries are also being considered as a serious option for islands as they find it cheaper to use solar plus storage instead of shipping expensive and dirty oil/ diesel to provide power to its residents. The remote areas where electricity is not available, such as rural areas, hill stations, small shops, etc. will greatly benefit from these lithium batteries that will be used as a storage option with the environment-friendly solar systems.

Advantage of Lithium Battery over Existing Technologies 

1. Logistics

The main benefit of Lithium Battery is its portability, which means we can carry it anywhere we need. We never think about the overflow of acid from the battery.  The weight of a Lithium battery is 1/4th of a Lead-acid battery.

2. Fast Charging - Charging within 2 hours.

Lithium batteries charge and recharge much faster than lead-acid batteries. A solar expert's experience is that a Lithium Battery can be charged within 2 hours whereas a Lead Acid battery takes almost 10 hours to charge the full battery. We know that incoming mobile battery charges in a short time and gives a full-day backup. 

3. Maintenance Free

Lithium batteries do not require any maintenance to ensure their performance. Few other types of batteries like nickel-cadmium cells require discharge to prevent memory effect. Lithium batteries, on the other hand, have no memory effect which means that they do not have to be completely discharged before recharging.

4. High Efficiency

Lithium batteries offer reliable, stable, long-lasting power. Their energy density is higher, which means they have high power capacity. This high energy density enables its usage in devices that have high power requirements like laptops and mobile phones.

5. Cycle Life - More than 2000 times

These batteries have a lifespan of over ten years on average. It can handle more than 2000 times of charge-discharge cycles.

Lithium batteries are generally smaller and lighter in weight. This is a big advantage that helps its application in various portable electronic devices.

Disadvantages of Lithium Batteries

There are a few major points that may impact the Lithium battery market, such as:

i) Expensive

Though the cost of lithium batteries is constantly falling, it is still higher than that of Nickel-cadmium cells. However, with the large number of applications, progress is being made towards improving the technology and reducing costs.

ii) Inverter Compatibility

At this time, Lithium Battery is used in Automobile and DC Applications. When we talk about Is Lithium Battery Used in Homes? Then I can say - Very Rare Case. 

How much does the price of a Lithium Battery?

Lithium battery costs have already fallen by around 60-70% in the last few years and this trend is expected to continue with massive investments, in improving technology and processes. It is estimated that almost 73% of the total lithium battery storage is manufactured in China and the Middle Kingdom has planned to set up many multi-gigawatt plants in the future as well. The cost sensitivity in the Indian market, manufacturers find it very profitable to source batteries from China rather than procuring from the domestic market where there is not much capacity anyway. While China is moving towards high-quality and better-density batteries, they find it useful to dump lower-quality products in India.

How does the price of a Lithium battery vary on technology type?

There are three technologies in the Lithium battery, The oldest one is Lithium-ion, the Current one which is very popular in storage is Lithium Phosphate while Lithium polymer is the technologically advanced battery.

Here is the Price range of lithium batteries in 2024 in India according to battery type

Battery Technology	Minimum Price	Maximum Price
Lithium-Ion	Rs. 2,250 / piece	Rs. 15,0000 / piece
Lithium Phosphate	Rs. 3,750 / piece	Rs. 25,0000 / piece
Lithium Polymer	Rs. 7,500 / piece	Rs. 50,0000 / piece

Top Lithium Battery Manufacturers in the World, 2024

Lithium batteries have completely revolutionized the portable electronics market and are finding an increase in the application in the electronic, solar, mobile phones, medical equipment, power backups, and EV markets. These batteries have high energy density and the technology is witnessing significant cost reductions. Know more…

Is 48 Volt Lithium Battery the future of power storage?

With increasing dependence on uninterrupted power in this connected world, there is a need for a reliable and smart ecosystem. Here, introducing CAML10048 India’s first IoT-based smart battery! Through this you can enjoy AC during power cuts too, bringing a whole new innovation in the Lithium Batteries space. Know more…

Can You Recycle the Lithium battery?

Yes, lithium-ion batteries are recyclable, but the process can be quite complex. This complexity might explain why finding local recycling centres equipped to handle them can be challenging.

One major issue is that lithium-ion batteries cannot be treated like regular electronic waste. Lithium is a highly reactive element, and improper handling can lead to dangerous situations. For example, mixing lithium batteries with regular paper recycling can be hazardous, as damaged or improperly managed batteries can overheat or even spark a fire. While such incidents are not common, they are becoming more frequent as the use of these batteries grows.

To safely recycle lithium-ion batteries, specialized facilities are required to manage their unique risks and ensure proper processing.

FAQs About Lithium Battery

Q1. How do I change my Lithium Battery?

Ans: You can either use a lithium battery charger for directly charging it from the grid or you can use a lithium battery-supported charge controller for charging it through solar panels.

Q2. I want a 9Ah lithium battery in the enclosure for the spray machine, please provide the price & other information regarding this.

Ans: You can select the nearest rating of lithium Battery for your application. For price & all other information, you can visit our website www.loomsolar.com

Q3. Which are the best lithium battery brands available in India?

Ans: Loom Solar is one of the best lithium battery brands available in the Indian market.

Q4. What are some important features to consider when buying a lithium battery?

Ans: Before purchasing a lithium-ion battery, you must ensure that you consider features and specifications such as lithium cell technology, charging cycles, charger & inverter compatibility, backup time, charging time, and IoT-based to ensure you purchase a variant that meets all your requirements.

Q5. How much is the price range of lithium battery?

Ans: The lithium battery price ranges from ₹1,08,000 to ₹1,15,000.

Q6. Can I purchase a lithium battery on EMI?

Ans: Yes, a majority of lithium battery brands offer financing options like EMI & Loan.

Q7. Which Lithium Battery Is Best for Home?

Ans: CAML100Ah, 51.2V by Loom Solar

Q8. Which Lithium Battery Is Best For Business?

Ans: CAML100 (100Ah, 48V) by Loom Solar

To know more about Lithium batteries product offerings, Download the catalog now.