Market trends suggest battery energy storage systems (BESS) will likely operate 1.5 cycles per day, bringing the effective storage cost down to just INR 2.8/kWh (0.031/kWh), the Ministry said on Monday.
Battery pack prices for stationary storage fell to $70/kWh in 2025, a 45% drop from 2024, making it the cheapest lithium-ion category for the first time, according to BloombergNEF (BNEF).
For the first time, a complete aluminum-graphite-dual-ion battery system has been built and tested, showing that lithium-free, high-power batteries can deliver stability, fast response, and recyclability for next-generation grid applications.
After last year’s slowdown, investment in China’s sodium-ion battery sector is rebounding in 2025, and one of the biggest projects yet has now entered the development pipeline.
The company has produced its first sodium-ion battery prototype and, in collaboration with Spanish research institute CIC energiGUNE, developed sodium-ion cell prototypes that have shown “very promising results.”
Australia’s PowerCap has entered the US market with its sodium-ion stationary storage systems and plans to build a manufacturing facility to serve customers across the Americas.
The Chinese government has introduced new export controls on key dual-use items, citing national security concerns. The move opened a new chapter in the ongoing trade confrontations with the US.
Sumitomo Electric’s new system comes in three versions, providing up to 10 hours of storage. It achieves improvements in output and energy density, through component enhancements, thereby reducing cost and physical footprint.
The Chinese manufacturer has joined the energy density race with the release of its latest utility-scale battery energy storage system and high-capacity cells.
The system features an innovative split design breaking away from the industry standard 20-foot container. It is configurable for storage durations of two to eight hours.
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