Introduction to Sodium-ion Batteries
Sodium-ion batteries, also known as Na-ion batteries, are a type of rechargeable battery similar in chemistry to lithium-ion batteries but using sodium instead of lithium. Like lithium batteries, sodium-ion batteries work by shuttling sodium ions between two electrodes - a cathode and an anode - through an electrolyte during discharge and charge cycles....
Market Dynamics:
The stationary energy storage market is projected to witness high growth owing to rising energy demand. As per estimates, global energy demand is expected to rise by 50% by 2050. The continuous expansion of industrial sector and increasing urbanization is also increasing electricity demand manifolds across major economies. However, intermittent and unstable nature of renewable...
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