Gigafactory in Sacramento will produce sodium-ion batteries for grid storage
Summary
Canary Media reports that Peak Energy plans a new gigafactory in Sacramento to produce sodium-ion batteries for grid storage, aiming for 4 gigawatt-hours per year with highly automated manufacturing. The project emphasizes onshore production, tax credits, and a GM partnership, arguing sodium-ion cells can offer lower cost and safer, durable storage compared to lithium-ion. The article notes onshore sourcing ambitions and the challenge of proving market demand for this chemistries in the U.S. grid storage sector.