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Japan's Kyocera crafts 30% cheaper lithium battery

Company to push renewable energy storage for homes and businesses

Kyocera plans to combine the new batteries with its solar equipment to boost the renewable energy business.   © Reuters

TOKYO -- Japanese electronic equipment supplier Kyocera has developed a next-generation lithium battery that will entail 30% lower materials costs, according to sources.

The battery, which is to be line tested at the company's Osaka factory within the year, needs fewer electrode layers and separators than current technology, meaning it is cheaper to produce. The company plans to combine its mainstay solar generator business with the new battery technology to promote renewable energy.

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