Renewable energy developer Qair has secured financing from SBM Bank (Mauritius) Ltd for its Stor''Sun I and II hybrid solar-plus-storage projects. These two projects
The lithium-ion battery industry continues to face unprecedented supply chain challenges in 2025. Recent data from Benchmark Mineral Intelligence shows lithium carbonate prices have increased by 28% year-to
The first generation sodium ion are a bit cheaper than LFP but the volumes will not be worldchanging. However, the second generation sodium ion could reach $40 per kWh. Iron LFP batteries could get to $50/kWh with
While lithium ion battery prices are falling again, interest in sodium ion (Na-ion) energy storage has not waned. With a global ramp-up of cell manufacturing capacity under
1 天前· The energy storage sodium ion battery market is projected to grow from USD 307.4 million in 2025 to USD 2,932.0 million by 2035, at a CAGR of 25.3%. Sodium sulfur battery will dominate with a 48.0% market share, while aqueous
Sodium ion batteries are next-generation energy storage products. How do they stack up against lithium ion batteries, the longtime consumer favorite?
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
CATL, the world''s largest battery manufacturer, is making significant strides in Sodium-ion Battery technology. During an investor call on March 20, 2025, the company
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 first generation sodium ion are a bit cheaper than LFP but the volumes will not be worldchanging. However, the second generation sodium ion could reach $40 per kWh.
Sustainable alternatives to lithium-ion batteries are crucial to a carbon-neutral society, and in her Wiley Webinar, ''Beyond Li'', at the upcoming Wiley Analytical Science
Developers expect to bring more than 300 utility-scale battery storage projects on line in the United States by 2025, and around 50% of the planned capacity installations will be
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.
US developers of large-scale battery storage stations have 18.7 GW of new capacity under construction, according to S&P Global Commodity Insights Market Intelligence data, indicating
"This milestone not only reinforces our leadership in lithium-ion battery materials but also establishes Sunrise as a benchmark for technological innovation in the emerging sodium-ion
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
Lithium-ion''s spectacular growth has exposed hard limits—price spikes for lithium and nickel, fire-safety worries, and a supply chain concentrated in just a few countries.
The battery storage technologies do not calculate levelized cost of energy (LCOE) or levelized cost of storage (LCOS) and so do not use financial assumptions. Therefore, all parameters are
Do''s and don''ts for sodium-ion For the batteries to compete on price, specifically against a low-cost variant of the lithium-ion battery known as lithium-iron-phosphate, the study highlights
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
We compare projected sodium-ion and lithium-ion price trends across over 6,000 scenarios while varying Na-ion technology development roadmaps, supply chain scenarios, market penetration and
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 is significant for Mauritius, as it aims to enhance renewable power generation and reduce dependency on fossil fuels in remote island regions. By installing micro
Do''s and don''ts for sodium-ion For the batteries to compete on price, specifically against a low-cost variant of the lithium-ion battery known as lithium-iron-phosphate, the study
Sodium-ion batteries are considered a promising substitute for Li-ion, but the timeline and conditions for achieving cost-competitiveness remain uncertain.
In the power sector, battery storage is the fastest growing clean energy technology on the market. The versatile nature of batteries means they can serve utility-scale projects, behind-the-meter storage for households and
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
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
Sodium-ion batteries are an emerging battery technology with promising cost, safety, sustainability and performance advantages over current commercialised lithium-ion batteries.
This has intensified the search for alternative energy storage chemistries, with sodium-ion batteries (SIBs or Na-ion batteries) emerging as a
Amid rising tariffs, export restrictions and geopolitical tensions, the push for a resilient battery industry is gaining urgency. Sodium-ion is emerging as a promising alternative to lithium-ion, according to a report by
The company operates within the energy storage and battery manufacturing sector. It specifically focuses on the emerging sodium-ion battery industry that offers cost advantages over traditional lithium-ion technologies.
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.
Sodium-ion batteries are considered a promising substitute for Li-ion, but the timeline and conditions for achieving cost-competitiveness remain uncertain. This study evaluates their techno-economic potential, showing that while challenging, they could compete with low-cost Li-ion batteries by the 2030s under specific conditions.
Provided by the Springer Nature SharedIt content-sharing initiative Sodium-ion batteries have garnered notable attention as a potentially low-cost alternative to lithium-ion batteries, which have experienced supply shortages and price volatility for key minerals.
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.
Sodium-ion (Na-ion) batteries present a potentially viable near-term substitute for Li-ion for two primary reasons: (1) increased abundance and availability of sodium suggests lower prices and (2) drop-in compatibility with Li-ion manufacturing infrastructure suggests rapid scaling timelines.
Volvo Cars became the first automaker to invest in sodium-ion, joining Altris’s Series B round to co-develop Prussian-white packs for stationary storage. HiNa shipped production packs for China’s budget Sehol E10X hatchback, proving real-world viability. CATL and Faradion both target that milestone by 2027, erasing the gap with current LFP cells.