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18 Jul
16:33

Sodium-ion battery developer Peak Energy raises $55m

US energy storage start-up Peak Energy has raised $55 million from investors to launch full-scale production of its sodium-ion battery technology. The company plans to deliver “utility-scale” sodium-ion storage in the US as the country expands its renewable electricity capacity. The batteries will complement the grid in storing energy in times of intermittent supply. Peak Energy will first deploy its batteries to six customers as part of a pilot progr…
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