Australia’s sodium-ion energy storage technology launches in Europe

After witnessing strong demand for its sodium-ion technology at home, Australian company PowerCap is bringing its stationary storage products to the European market. The initial launch will cover Italy, Germany, and Spain, with further expansion on the cards. The starting price is expected to be around €500 per kilowatt-hour of storage capacity.
Image: PowerCap

From ESS News

Australian company PowerCap has officially launched into the European market with its sodium-ion battery technology. Already in use by major enterprises in Australia, the technology is now being made available to European homes, businesses, and industries.

Dane El Safty, Founder and CEO of PowerCap, says the expansion comes at a time when European markets are actively seeking proven and scalable alternatives to lithium-based storage. “Europe has some of the most ambitious renewable energy targets in the world and we are proud to make our technology available to support this transition, ” he says.

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