UK sodium-ion manufacturer Faradion is set to ship its batteries to Australia after securing an order from ICM Australia.
The company expects to ship the order for a “large number” of 40Ah cells in the next quarter to Australia for the first time.
Faradion’s CEO James Quinn told BEST: “This is our first order in Australasia. However, as we indicated together with ICM Australia, we anticipate a range of our sodium-ion batteries to go into the Australasian market later this year. This is just the beginning.”
The company is targeting the residential as well as commercial and industrial energy storage markets in addition to reserve power, telecom, UPS and mobility applications.
Quinn said in a statement: “In Australia, the market for energy storage is primarily for household battery technologies to complement solar photovoltaic installations, although the market for larger-scale energy storage is growing.”
Faradion forecasts its technology will reach 190Wh/kg (1,500W/kg) by the close of the year from 160Wh/kg (1,000W/kg) in Q2. THe company also expects to increase cycle life by 1,000 to reach 3,000 cycles by 2021.