Sodium-ion batteries are an emerging battery technology with promising cost, safety, sustainability and performance advantages over current commercialised lithium-ion batteries.
That trend is expected to continue. In 2026/27, the average pack price is expected to fall below $100/kWh, based on raw material costs, competition, and pressure from alternative technology such as Na-ion
The rapidly evolving landscape of utility-scale energy storage systems has reached a critical turning point, with costs plummeting by 89% over the past decade. This dramatic shift transforms the economics of grid-scale
Sodium ion battery capacity is surging as an additional 50 gigawatt-hours (GWh) are expected to come online this year along with 14 new market entrants, taking global capacity to 70 GWh, according to Benchmark''s Sodium ion Battery
The first part of the world''s largest sodium-ion battery energy storage system (BESS) has been launched in China. State media Yicai Global and technology provider HiNa Battery reported last week that the 50MW,
Cost remains a key factor in the commercial viability of sodium-ion batteries. HiNa Battery estimates that by 2025, the energy density and cell costs of its sodium-ion batteries will partially overlap with those of lithium iron
With sodium priced at just $0.05 per kilogram compared to lithium''s $15 per kilogram, manufacturers can achieve significant cost reductions while maintaining comparable
A German consortium of 15 working groups led by battery supplier Varta has started development of industrial-scale sodium-ion battery technology, as Europe looks to compete with China on
Global Sodium-Ion Battery Manufacturing: Strategic Leaders Reshaping the $30B Energy Storage Revolution As lithium-ion batteries face critical supply chain vulnerabilities and price volatility,
The sodium ion battery market size exceeded USD 270.1 million in 2024 and is set to grow at a CAGR of 26.1% from 2025 to 2034, due to the rising demand for cost-effective sustainable solutions with reduced supply chain risk is set to
Sodium batteries are hitting their industrial explosion point in 2025! Discover the breakthroughs driving mass adoption in EVs, energy storage & beyond.
Reliance Industries Ltd. (RIL) is preparing to launch operations at its much-anticipated battery Gigafactory in Jamnagar, Gujarat, by the second half of 2026. This significant project, spearheaded by RIL Chairman Mukesh
The "Global Market for Sodium-ion Batteries 2026-2036" report has been added to ResearchAndMarkets ''s offering. The sodium-ion battery market is experienc...
The ∞Cell N162Ah sodium-ion battery has successfully passed the rigorous safety tests specified in the GB/T 44265 standard for utility-scale energy storage systems,
The initial 50MW/100MWh phase of this ambitious 100MW/200MWh project in Hubei Province, China, has been successfully connected to the grid and commenced
Bottom line: With CATL''s Naxtra heading for mass production and more than 100 GWh of cumulative capacity now financed across three continents, sodium-ion is no longer
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
The battery pack costs for a 1 MWh battery energy storage system (BESS) are expected to decrease from about 236 U.S. dollars per kWh in 2017 to 110 U.S. dollars per kWh in 2025.
HiNa Battery estimates that by 2025, the energy density and cell costs of its sodium-ion batteries will partially overlap with those of lithium iron phosphate (LFP) batteries and achieve full parity by 2026, making them
The sustained high price of lithium carbonate has intensified cost pressures on downstream power battery and energy storage companies. At the same time, it has opened a market
The first part of the world''s largest sodium-ion battery energy storage system (BESS) has been launched in China. State media Yicai Global and technology provider HiNa
As the project comes online, it effectively mitigates peak demand, enhances grid resilience, and guarantees a reliable power supply. This project marks a significant milestone
Analyzing the bid price for an energy storage project requires a multifaceted perspective that encompasses various critical elements impacting overall project feasibility and
The Baochi Storage Station in Yunnan integrates lithium and sodium-ion technologies at scale, a global first, aiming to stabilize renewable energy and cut costs as China accelerates its energy
This article will analyze the opportunities, challenges, and future trends of the sodium battery industry, while forecasting its potential landscape in 2026.
The sodium ion battery market size exceeded USD 270.1 million in 2024 and is set to grow at a CAGR of 26.1% from 2025 to 2034, due to the rising demand for cost-effective sustainable
Discover how sodium-ion batteries offer a low-cost, eco-friendly alternative to lithium-ion, paving the way for efficient renewable energy storage.
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
Sodium ion batteries are next-generation energy storage products. How do they stack up against lithium ion batteries, the longtime consumer favorite?
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
Because sodium is so plentiful and cheap, companies in the space estimate that sodium-ion storage systems could eventually be around 40% less expensive than lithium-ion systems, once manufacturing scales.
The majority of newly installed large-scale electricity storage systems in recent years utilise lithium-ion chemistries for increased grid resiliency and sustainability. The capacity of lithium
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.
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.
Innovations in electrolytes and cell designs improve cycle life and Coulombic efficiency. Sodium-ion batteries (SIBs) are emerging as a viable alternative to lithium-ion batteries (LIBs) due to their cost-effectiveness, abundance of sodium resources, and lower environmental impact.
a) Grid Storage and Large-Scale Energy Storage. One of the most compelling reasons for using sodium-ion batteries (SIBs) in grid storage is the abundance and cost effectiveness of sodium. Sodium is the sixth most rich element in the Earth's crust, making it significantly cheaper and more sustainable than lithium.
Sodium-ion batteries are a cost-effective alternative to lithium-ion batteries for energy storage. Advances in cathode and anode materials enhance SIBs’ stability and performance. SIBs show promise for grid storage, renewable integration, and large-scale applications.
Challenges and Limitations of Sodium-Ion Batteries. Sodium-ion batteries have less energy density in comparison with lithium-ion batteries, primarily due to the higher atomic mass and larger ionic radius of sodium. This affects the overall capacity and energy output of the batteries.
