Energy Storage News•about 1 month ago
US sodium-ion startup Peak Energy deploying 720MWh BESS for Jupiter Power, with 4GWh under reservation
Key Takeaway
This substantial commercial agreement for sodium-ion BESS signals the emergence of a viable, large-scale alternative to lithium-ion, offering developers and large consumers new options for grid stability and cost-effective energy storage.
AI Summary
- •Peak Energy will supply developer Jupiter Power with up to 4.75GWh of sodium-ion BESS, including an initial 720MWh deployment and 4GWh under reservation.
- •This significant commercial agreement signals the maturation and large-scale market entry of sodium-ion technology as a viable, potentially lower-cost alternative to lithium-ion for grid-scale storage.
- •The diversification of battery chemistry options can enhance supply chain resilience, reduce material cost volatility, and offer new project development pathways for energy storage developers and large power consumers.
Topics
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