Alfen and CATL Partner for Sodium Batteries in Europe
Alfen has signed a deal with CATL to import five gigawatt-hours of sodium batteries to Europe, marking a significant shift from traditional lithium-based batteries. This move could enhance the energy transition by making battery storage more affordable and sustainable.
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Alfen announced on July 16 a partnership with CATL to import five gigawatt-hours of sodium batteries to Europe. This quantity is equivalent to the energy storage capacity of approximately 100,000 electric vehicles.
Sodium is significantly more abundant and cheaper than lithium; its extraction involves simply splitting seawater. The commercial availability of sodium batteries presents opportunities to lower energy storage costs, aiding the transition to renewable energy sources. Nevertheless, Europe faces challenges in establishing a competitive battery industry, as most production remains in China, highlighting the need for strategic investment in local manufacturing capabilities.
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