TORONTO – The Ontario government has concluded the largest battery storage procurement in Canada''s history and secured the necessary electricity generation to support the province''s growing population and
In a world shackled by the limitations of lithium-ion batteries — fraught with scarcity, ethical dilemmas, and soaring costs — a breakthrough emerges from the shadows. Researchers in India have unveiled a sodium-ion
Two major areas of international trade that will remain causes of concern for energy storage projects are the application of tariffs and supply chain integrity. While it remains to be seen what the US administration might impose
A new Stanford University study finds that there are several several key routes that sodium-ion battery developers can take to compete on price, specifically against a low
The study also identifies market forces and supply chain conditions that could hurt sodium-ion''s competition with lithium-ion. For example, if lithium prices continue where they are today near historic lows, sodium-ion
The Canada Sodium-ion Battery Market is projected to grow from USD 450 million in 2025 to USD 2.9 billion by 2031, at a CAGR of 35.2% during the forecast period.
Sodium-ion batteries have gained significant attention in 2025 as the push for cost-effective and sustainable energy storage solutions intensifies. This innovative battery
Sodium-ion batteries have a significant advantage in terms of energy storage unit price compared to lithium-ion batteries. This cost-effectiveness stems from the abundance and
The project in Yunnan, China. Image: HiNa Battery. A 200MW/400MWh BESS project in China combining lithium-ion and sodium-ion batteries has been put into operation.
China has officially launched the world''s first grid-forming Sodium-ion Battery energy storage facility. The Baochi Energy Storage Station, located in Yunnan province, comes
The governments of Canada and Ontario are working together to build the largest battery storage project in the country. The 250-megawatt (MW) Oneida Energy storage
Natron Energy, a pioneer in Sodium-ion Battery technology, has officially commenced commercial-scale operations at its state-of-the-art facility in Holland, Michigan. Sodium-ion batteries offer several advantages over
Executive Summary In this work we describe the development of cost and performance projections for utility-scale lithium-ion battery systems, with a focus on 4-hour duration
These developments are propelling the market for battery energy storage systems (BESS). Battery storage is an essential enabler of renewable-energy generation, helping alternatives make a steady contribution to the
Sodium batteries are hitting their industrial explosion point in 2025! Discover the breakthroughs driving mass adoption in EVs, energy storage & beyond.
The energy storage sodium ion battery market size crossed USD 245.3 million in 2024 and is set to grow at a CAGR of 25.3% from 2025 to 2034, driven by rising demand for safer, thermally stable batteries that reduce fire and explosion risks
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Empowering businesses with precision, safety, and intelligence, they aim to redefine energy storage and sustainably shape its future. E-Bike Manufacturer C partnered with SodiumBattery to create a custom, cost-effective, sustainable
CATL has unveiled sodium-ion battery prototypes with improved energy densities exceeding 200 Wh/kg, aimed at both stationary storage and EV applications. Mass production is slated for 2025.
CATL has announced the second generation of its sodium-ion battery. According to Chief Scientist Wu Kai, it is set to hit the market in 2025, with mass production expected to begin in 2027.
Success will depend on achieving higher cell performance metrics. Systems-Level Success Industry leaders stress that success for battery technologies hinges on systems-level implementation. Though sodium-ion cell
Battery storage. In 2025, capacity growth from battery storage could set a record as we expect 18.2 GW of utility-scale battery storage to be added to the grid. U.S. battery storage already
The PAK Lithium Project is a joint venture between Frontier Lithium and Japan''s Mitsubishi, showcasing an opportunity for Canada to supply our allies with the critical minerals
Ontario''s latest move saw the province finalize Canada''s largest battery storage procurement, with the Oneida Energy Storage project as its centerpiece. Set to begin
Sodium-ion batteries are emerging as a compelling alternative to lithium-ion, offering a unique blend of material abundance, system compatibility, and enhanced safety. As the energy storage market searches for
China has officially announced the procurement of sodium-ion batteries, setting a price ceiling at $150/kWh. This exciting development comes alongside the construction of a
Discover the world''s biggest battery storage projects of 2025, including BYD''s 12.5 GWh system in Saudi Arabia, Grenergy''s 11 GWh Atacama project, and more shaping the global energy transition.
Natron Energy, a pioneer in Sodium-ion Battery technology, has officially commenced commercial-scale operations at its state-of-the-art facility in Holland, Michigan.
The Faraday Institution ''s Nexgenna project will accelerate the development of sodium-ion battery technology by taking a multi-disciplinary approach incorporating fundamental chemistry right
With costs fast declining, sodium-ion batteries look set to dominate the future of long duration energy storage, finds an AI-based analysis that predicts technological breakthroughs based on global patent data.
The global sodium ion battery market was valued at USD 270.1 Million in 2024 and is set to grow at a CAGR of 26.1% from 2025 to 2034. Rising demand for cost-effective sustainable solutions with reduced supply chain risk is set to boost product adoption.
Sodium-ion batteries are being leveraged across multiple industries. Utility companies are at the forefront of their deployment, as demonstrated by HiNa Battery’s 100MWh energy storage project. These batteries provide an affordable alternative for renewable energy grid storage, helping stabilize energy supply.
As of 2025, sodium-ion batteries are well-positioned to achieve cost parity with lithium-iron-phosphate (LFP) batteries, a key milestone for market competitiveness. With ongoing innovations and substantial investments, their adoption in energy storage systems, renewable grids, and budget EVs is expected to soar in the coming years.
Some of the major players in the sodium ion battery industry include Altris, Broadbit Batteries, CATL, China BAK Battery, Farasis Energy, Faradion Limited, HiNa Battery Technology, Li-FUN Technology, Natron Energy, SVOLT, and Tiamat. How much sodium ion battery share captured by North America in 2024?
This company continues to progress in the development of sodium-ion batteries with the intent to increase energy density and market their solutions as substitutes for lithium-ion batteries. In December 2022, Svolt Energy unveiled its inaugural sodium-ion battery prototype, boasting an energy density of 100 Wh/kg.
In December 2024, the U.S. DOE, in collaboration with the LENS Consortium supervised by Argonne National Laboratory, has announced an investment of USD 50 million over 5 years to improve sodium ion battery technology.
