Image: Southern electricity grid
By ESS news
While many lithium-ion battery manufacturers in China are selling out and struggling to keep up with demand from the energy storage sector, investment is increasingly flowing not only into ubiquitous lithium-ion technology, but also, and substantially, into its main competitor: sodium-ion batteries.
With the pipeline of sodium ion production plants growing relentlessly, Guangde Qingna Technology Co., Ltd. on November 20, officially signed an agreement for its 20 GWh sodium ion battery production project in the Suining Economic and Technological Development Zone, Sichuan Province.
The project represents a total investment of CNY6 billion ($835.98 million). Once completed, it is expected to create synergies with existing sodium ion industrial chain projects in the zone.
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