Where is the largest lithium-ion battery storage system in Bolivia?

The site in the municipality of Baures, Bolivia. Image: Cegasa. The largest lithium-ion battery storage system in Bolivia is nearing completion at a co-located solar PV site, with project partners including Jinko, SMA and battery storage provider Cegasa.

Will Bolivia produce lithium batteries by 2025?

The Bolivian government has chosen a Chinese consortium led by battery giant Contemporary Amperex Technology to invest upward of $1 billion to develop untapped lithium deposits, with the ambitious goal of producing lithium batteries in the country by 2025. Bolivia has the largest lithium reserves in the world but little local means to develop them.

Will China invest $1 billion in lithium batteries in Bolivia?

(IC Photo) The Bolivian government has chosen a Chinese consortium led by battery giant Contemporary Amperex Technology to invest upward of $1 billion to develop untapped lithium deposits, with the ambitious goal of producing lithium batteries in the country by 2025.

Is Bolivia the world's largest lithium producer?

Bolivia has the world’s largest lithium resources but it has struggled for decades to mine them commercially, amping up its efforts last year amid a surge in demand for batteries for electric vehicles. Six firms are still competing to secure a partnership.

Could lithium make Bolivia a true economic power?

To summarize: done properly, the lithium resource could help make Bolivia a true economic power and fuel the advancement of its people. Done poorly, and it could relegate the nation back into the traditional spiral of corruption and massive wealth inequality so common almost everywhere in South America, and elsewhere around the globe.

Can Bolivia become a global powerhouse in electric micro-mobility?

MOBI CEO Ariel Revollo: “Latin America has the capacity to become a global powerhouse in electric micro-mobility, and we believe Bolivia can be the leader of this transition.