Energy Storage News•8 days ago
Germany grants €46 million for sodium-chloride solid-state battery factory
Key Takeaway
The significant German government funding for a sodium-chloride solid-state battery factory signals a strategic push towards diversifying energy storage technologies and supply chains, potentially offering developers and large loads a future cost-effective and sustainable alternative to lithium-ion.
AI Summary
- •Altech Batteries secured €46 million in German government funding for a sodium-chloride solid-state battery manufacturing facility.
- •The project introduces a new, potentially lower-cost and safer sodium-chloride solid-state battery technology to the market.
- •This development signals growing government support for diversifying battery supply chains and non-lithium storage solutions in Europe.
- •For developers and large power consumers, this could mean future access to a new, potentially more sustainable and cost-effective battery storage option.
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