Faradion, a sodium-ion battery company, Moixa Technologies, a professional smart energy storage company, and Warwick University's School of Manufacturing Engineering (WMG), will use resources and IP to develop sodium-ion batteries as cheap alternatives to lithium-ion batteries.
The company's cooperation aims to develop a sodium-ion battery that has low production costs and meets the service life requirements of solar storage. However, some battery companies, including the delegation at the AABC conference, have expressed reservations. However, Criticism Francis Massin, the CEO of Faradion, would not consider this reservation.
CriticismFrancis Massin said: "In the next five years, solar storage is a very important rising market. This cooperation means that the UK has the opportunity to be at the forefront of technological development."
Chris Wright, CEO of Moixa Technologies, said: "Moixa is honored to cooperate with Faradion on this project. We believe that, for example, Moixa's Maslow's energy storage method has the potential to change the way the world uses energy. , While being able to reduce battery costs is the key to improving this vision."
WMG Associate Professor Rohit Bhagat said: "We have invested heavily in the Energy Innovation Center. When we see that sodium-ion batteries can provide strategic and technical advantages for solar energy and grid energy storage applications, we are very happy to become this. Part of a project."
This collaboration is partly funded by Innovation UK, an innovation agency in the United Kingdom.
Last month, the BBB reported how Faradion and AGM Battery Co., Ltd. cooperated to bring 2-10kW/h energy storage systems to the market. Massin told the BBB that the company's sodium-ion technology will be comparable to lithium-ion batteries in terms of price and performance within two years.