Sodium-ion BESS startup Moonwatt expects the battery chemistry to reach price cost parity with lithium iron phosphate (LFP) in the next two or three years, according to its CCO, Valentin Rota.
The US installed 9.7GWh of new battery energy storage system (BESS) capacity, according to the US trade association group, the Solar Energy Industries Association (SEIA).
After reporting a record 112GW of global non-pumped hydro energy storage installations in 2025, BloombergNEF (BNEF) expects to see a 41% increase this year.