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The particular Guangxi project was quickly followed simply by another sodium-ion energy storage internet site in central China’s Hubei province. Within fact, roughly one-fifth regarding the capacity of all energy storage projects planned by China’s state-run companies last 12 months used sodium technology, according in order to Oriental outlet Beijixing, which tracks the power industry. Although lead-acid batteries will continue to be able to dominate this industry, the market share of sodium-ion batteries has been projected in order to grow rapidly over the next 5 years.
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Inside 2024, Chinese language manufacturers announced plans to build 27 sodium-ion battery plants with a combined capacity regarding A Hundred And Eighty GWh, according to Chinese language thinktank Gaogong Industrial Research, including BYD’s upcoming 30GWh plant in Xuzhou. “Their impact on the climate may be lower than that regarding lithium-ion batteries in the future.” About the time of the mineral’s price hike, the country imported roughly 80% regarding the lithium ore it refined, mainly from Australia and South america. Sodium is widely dispersed in the sea and the Earth’s crust, making it about 400 times more abundant than lithium. Sodium-ion cells are therefore more accessible and potentially cheaper to produce at scale.
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