Moonwatt secures $8.3M to dial up solar's staying power with sodium-ion storage | TechCrunch
Briefly

The article discusses the significant momentum in battery technologies as they play a vital role in the transition to green energy and electrification. It highlights how fluctuations in solar power output necessitate energy storage solutions, particularly during the night or cloudy weather. Moonwatt, a startup from the Netherlands, is developing a sodium-ion battery storage system designed to optimize operational efficiency and revenue generation for solar plants. The approach seeks to tackle variability, reduce costs through shared infrastructure, and promote the sustainable use of materials in battery production.
Moonwatt is developing a battery-based energy storage system co-located with solar power plants, enhancing revenue potential and managing variability in solar energy generation.
Besides offering a solution for energy storage, Moonwatt’s sodium-ion batteries stand out for their cost-effectiveness and the sustainable sourcing of raw materials compared to lithium-ion technology.
The rise of renewables shows the importance of energy storage technology, as it provides a buffer against inconsistencies, allowing for increased reliability of solar power supply.
By mutualizing electrical infrastructure among participating solar plants, the Moonwatt system optimizes operating costs and maximizes energy revenues during high-demand periods.
Read at TechCrunch
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