The stationary energy storage market consists of energy storage solutions that are used for stationary applications such as residential, industrial and utility-scale purposes. Stationary energy storage solutions are used to store electric energy generated by renewable sources such as solar and wind energy for later use. These solutions help in mitigating the intermittent nature of renewable energy sources and reducing wastage by storing excess energy generated during off-peak hours. The ... Read more
With increased global focus on transitioning to cleaner sources of energy like solar and wind, stationary energy storage is poised to play a pivotal role in maximizing the utilization of renewable energy. Stationary energy storage refers to large-scale battery systems or other technologies that store generated electricity and can discharge it when renewable energy sources are unavailable. By bridging the gaps between energy generation and consumption, stationary storage ensures a reliable ... Read more
Sodium-ion batteries, also known as Na-ion batteries, are a promising technology for low-cost electrical energy storage. Similar in design and chemistry to lithium-ion batteries, sodium-ion batteries substitute sodium ions for lithium ions during the charge-discharge process. Sodium is much more abundant in the Earth's crust than lithium, present in vast salt deposits and at lower cost. This makes sodium-ion batteries an attractive alternative ... Read more
