The company operates within the energy storage and battery manufacturing sector. It specifically focuses on the emerging sodium-ion battery industry that offers cost
A hybrid battery energy storage system (BESS) combining Lithium-ion and sodium-ion technology with a capacity of 200MW/400MWh is now fully operational in Qiubei
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
Sodium is abundant and inexpensive, sodium-ion batteries (SIBs) have become a viable substitute for Lithium-ion batteries (LIBs). For applications including electric vehicles
The EU-funded SPRINT project is set to revolutionize the stationary energy storage sector by advancing sodium-ion battery technology, providing a cost-effective and
A Horizon Europe effort to boost EU battery production is rebooting itself with a new technology strategy and new funding calls in 2025. But it acknowledges the tough
Similar to last year, battery energy storage systems (BESS) made up almost all new-build capacity selected in recent Capacity Remuneration Mechanism (CRM) auctions in Belgium. Simon De Clercq, senior research
As the world races to bridge the widening gap between global warming and climate action, great faith is being placed in mitigation strategies such as renewable energy and electrification. Yet wind and solar power come
The auctions form part of the amendments made to Belgium''s power capacity mechanism approved on Tuesday by the European Commission. The amendments were
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
Stora Enso is proud to be part of the EU-funded (Horizon Europe) ATENA+ project a groundbreaking initiative aimed at strengthening Europe''s battery value chain by developing next-generation sodium-ion battery (SIB)
Energy Solutions Group (ESG) announced today that it has completed project financing for a 75-MW/300-MWh battery energy storage system (BESS) under construction in
The financing of large-scale BESS projects in Belgium presents both substantial challenges and significant opportunities. Addressing the regulatory complexities, mitigating
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
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
Partagez: energynews Le23 August 2024 Sineng Electric, a leader in energy conversion systems, has been selected to provide its expertise to the world''s largest sodium-ion battery energy storage project. Located in Hubei province,
The Sodium-ion Battery market is experiencing significant growth, driven by a rising demand as a sustainable alternative to Lithium-ion batteries. In 2024, the global market
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.
Jones Day advised a consortium of senior creditors comprised of Belfius Bank NV/SA, BNP Paribas Fortis NV/SA, and CaixaBank S.A. on the provision of debt financing for the
In our view, there is a need for greater collaboration between sponsors developing the batteries, regulators and national policymakers setting renewable targets, and the financing community
Oneida Energy Storage facility is a 250 MW/1,000 MWh lithium-ion battery energy storage facility, representing the largest grid-scale battery energy storage facility in Canada and within the top five clean energy storage projects in the world. It
The EU-funded SPRINT project is set to revolutionize the stationary energy storage sector by advancing sodium-ion battery technology, providing a cost-effective and sustainable alternative to lithium-based solutions.
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-ion batteries have gained significant attention in 2025 as the push for cost-effective and sustainable energy storage solutions intensifies. This innovative battery
The innovative project located in a suburban district in the south of Shanghai will integrate five different energy storage technologies, including sodium-ion batteries. Its first phase will have a cumulative capacity of 40
About Storage Innovations 2030 This technology strategy assessment on sodium batteries, released as part of the Long-Duration Storage Shot, contains the findings from the Storage
Sodium-ion Batteries 2025-2035 provides a comprehensive overview of the sodium-ion battery market, players, and technology trends. Battery benchmarking, material and cost analysis, key player patents, and 10 year
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 transition.
Founded by former Tesla leaders, Amsterdam-based Moonwatt is taking a novel approach to sodium-ion battery technology, optimizing it for colocation with solar power plants. The company has raised $8.3 million in
The growth of renewable energies over the last decade has created a surging demand for better energy storage solutions. While lithium-ion (Li-ion) technology remains the forerunner in the battery space, sodium-ion
Energy Solutions Group (ESG) announced today that it has completed project financing for a 75-MW/300-MWh battery energy storage system (BESS) under construction in Belgium. The Megapack battery system. Source: Tesla Inc The financing was arranged by KBC Bank and Wallonie Entreprendre.
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.
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. In conclusion, 2025 marks a pivotal year for sodium-ion batteries.
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.
As regards batteries for stationary energy storage in the EU (for energy grid or home storage), despite steady growth, their roll-out should accelerate to meet the forecast demand of 200 gigawatts (GW) by 2030. a total of 30 gigafactory projects had been announced, with the potential to achieve a combined capacity of 1.3 TWh by 2030.
This material delivers impressive energy density and stability, promoting scalability for both grid storage and EVs. The second-generation sodium-ion batteries introduced by Contemporary Amperex Technology Co., Limited (CATL) achieve energy densities of up to 200 Wh/kg, a significant improvement from earlier versions.
