CurrentCells https://currentcells.com/ 2026-05-29T18:03:25.859Z Infrastructure journalism covering the battery industry and the infrastructure of electrification CurrentCells Battery Materials Price Index currentcells-article-battery-materials-price-index 2026-05-25T14:02:03.000Z 2026-05-25T00:00:00.000Z Weekly battery materials spot prices, updated every Monday. Covers lithium carbonate (CNY + USD), cobalt, nickel, manganese sulfate, and natural graphite with week-over-week changes, full price history, and a chemistry cost sensitivity calculator for $/kWh scenario modeling. CurrentCells Sodium-Ion Batteries Just Got a 40 GWh Factory Ramp currentcells-article-sodium-ion-batteries-how-they-work 2026-05-17T18:00:00.000Z 2026-05-17T18:00:00.000Z Sodium-ion batteries hit commercial scale in early 2026. CATL's Naxtra entered mass production in January, the world's first sodium-ion passenger EV (Changan Nevo A06) launches mid-year, BYD announced 10,000-cycle third-gen cells, HiNa Battery commissioned a 100 MWh grid project with Datang Group, and Dutch startup Moonwatt launched Europe's first commercial sodium-ion storage system. Natron Energy, once a leading US player, closed in September 2025. The chemistry is no longer hypothetical. CurrentCells Google's 30 GWh Iron-Air Bet Now Faces the Tariff and Factory Test currentcells-article-google-form-energy-30gwh-iron-air-battery-minnesota 2026-05-12T00:00:00.000Z 2026-05-12T00:00:00.000Z Google, Xcel Energy, and Form Energy announced a 300 MW / 30 GWh iron-air battery installation at a data center in Pine Island, Minnesota. The project uses Form Energy's 100-hour discharge technology to provide multi-day storage backup for renewable-heavy grids. Despite round-trip efficiency concerns (40-50% vs. 85-90% for lithium-ion), the project's backers argue iron-air's low material costs and multi-day capability fill a gap lithium-ion cannot. Google has pledged to cover all infrastructure costs, shielding ratepayers. CurrentCells The Gigafactory Shakeout, Continued: Stellantis Exits NextStar, Samsung SDI Props Up StarPlus, and the UK Bets Big on Tata currentcells-article-gigafactory-shakeout-2026-who-builds-who-stalls 2026-04-21T08:10:37.195Z 2026-04-21T08:10:37.195Z A wave of contradictory signals is reshaping the global battery manufacturing map. Canada celebrates its first commercial-scale EV battery plant hitting one million cells, while European gigafactory plans collapse and automakers reconsider billion-dollar joint ventures. CurrentCells RWE's Limondale Battery Gives Australia Its First Operating 8-Hour BESS currentcells-article-rwe-limondale-australia-first-8-hour-bess-2026 2026-05-29T00:07:51.000Z 2026-05-29T00:07:48.000Z RWE has received full operational approval for the Limondale BESS, a 50 MW, 400 MWh lithium-ion storage project beside its New South Wales solar farm. The project uses 144 Tesla Megapacks and was built under the state long-duration storage procurement framework. CurrentCells Sumitomo and Gresham House Put 694 MW of UK Battery Storage Into Play currentcells-article-sumitomo-gresham-house-694mw-uk-bess-portfolio-2026 2026-05-28T00:05:56.000Z 2026-05-28T00:05:53.000Z Sumitomo Corporation, through Summit Transition Partners, is investing in multiple Gresham House UK battery storage projects totaling about 694 MW. The deal highlights the shift from single BESS projects toward portfolio-scale storage infrastructure backed by trading and optimization expertise. CurrentCells SK On: The Korean Battery Supplier Rewiring Its U.S. Strategy currentcells-article-sk-on-company-profile 2026-05-27T01:22:59.000Z 2026-05-27T01:22:59.000Z SK On was spun out of SK Innovation in 2021 but builds on decades of battery work. Its U.S. factories, Hyundai and Ford relationships, high-nickel EV cells, and 7.2 GWh Flatiron storage agreement make it a key test of non-Chinese battery supply. CurrentCells Adani Puts 3.37 GWh of Batteries Online at Khavda as India Moves Into the Storage Big Leagues currentcells-article-adani-khavda-337gwh-bess-2026 2026-05-27T00:06:37.000Z 2026-05-27T00:06:33.000Z Adani Green Energy has commissioned 3.37 GWh of battery storage at Khavda, Gujarat, giving India a grid-scale storage landmark and a test case for renewable power that can serve evening peaks. CurrentCells Battery Separators Explained: The Micron-Thin Safety Layer Inside Every Cell currentcells-article-battery-separators-explained 2026-05-26T01:35:47.000Z 2026-05-26T01:35:47.000Z Battery separators are porous membranes between anode and cathode. This explainer covers PE, PP, shutdown behavior, ceramic coatings, dendrites, fast charging, manufacturing quality, and why separators matter for safer cells. CurrentCells Ontario's 1 GWh Napanee Battery Turns Canada's Storage Procurement Into Steel currentcells-article-napanee-ontario-1gwh-bess-commercial-operations-2026 2026-05-26T00:06:18.000Z 2026-05-26T00:06:15.000Z Napanee BESS has started commercial operations in Ontario, giving Canada a 1 GWh grid battery built through the province's LT1 procurement and a live test case for local supply chains, nuclear charging, and longer-duration expansion. CurrentCells Basquevolt Puts a 402 Wh/kg Lithium-Metal Cell Into the Market currentcells-article-basquevolt-bqv400l-lithium-metal-cell-2026 2026-05-25T00:10:06.000Z 2026-05-25T00:10:02.000Z Spanish battery developer Basquevolt introduced its BQV400L lithium-metal cell, a fourth-generation design using an NMC cathode, lithium-metal anode, and hybrid polymer electrolyte. The company says the cell is commercially available and designed for existing gigafactory infrastructure. CurrentCells Sungrow Wins 7.5 GWh Masdar Storage Order for Abu Dhabi's 24/7 Solar Bet currentcells-article-sungrow-masdar-75gwh-abu-dhabi-rtc-storage-2026 2026-05-24T00:06:03.000Z 2026-05-24T00:05:56.000Z Sungrow has signed a 7.5 GWh storage agreement with Masdar for Abu Dhabi's round-the-clock renewable power project. The broader Masdar and EWEC project combines 5.2 GW of solar PV with 19 GWh of batteries to deliver roughly 1 GW of continuous clean power, creating a major test case for solar-plus-storage as scheduled clean capacity. CurrentCells Antora and POET Put a 5 GWh Thermal Battery to Work in South Dakota currentcells-article-antora-poet-5gwh-thermal-battery-south-dakota-2026 2026-05-23T00:03:11.000Z 2026-05-23T00:03:11.000Z Antora and POET are commissioning Project Big Stone, a 5 GWh thermal energy storage system at POET Big Stone City. The system uses more than 200 thermal batteries, stores electricity as heat in carbon blocks, and delivers 50 MW of round-the-clock industrial energy. CurrentCells Texas Passes California as the US Battery Storage Capital, Then Hits the 15 GW Test currentcells-article-texas-overtakes-california-battery-storage-us-record-2025 2026-05-22T18:00:00.000Z 2026-05-22T18:00:00.000Z The SEIA/Benchmark Q1 2026 report reveals US battery storage hit 57.6 GWh in 2025, a 30% increase. Texas is projected to overtake California in 2026 as the largest storage market. Meanwhile, Spain's FRV announced a 1.2 GW/5 GWh BESS portfolio following the Iberian blackout and Royal Decree 997/2025. CurrentCells Invinity and FlexBase Put a 2.1 GWh Flow Battery on Europe’s Data Center Map currentcells-article-invinity-flexbase-21gwh-flow-battery-switzerland-2026 2026-05-22T00:09:49.000Z 2026-05-22T00:09:47.000Z FlexBase selected Invinity to design a GWh-scale vanadium flow battery for Technology Centre Laufenburg in Switzerland, giving Europe a serious test of flow batteries for AI data center power and grid stability. CurrentCells Akaysha and Copenhagen Energy Put Germany’s Four-Hour Battery Boom on the Map currentcells-article-copenhagen-akaysha-2gwh-germany-battery-2026 2026-05-21T00:10:09.000Z 2026-05-21T00:10:09.000Z A planned 500 MW, 2 GWh battery near Baden-Baden gives Germany another large four-hour storage proposal and highlights the shift toward grid-adjacent projects, tolling contracts, and bankable standalone BESS development. CurrentCells Dry Electrode Manufacturing Explained: The Battery Factory Shortcut Everyone Wants currentcells-article-dry-electrode-manufacturing-explained 2026-05-19T01:37:11.000Z 2026-05-19T01:37:11.000Z A practical explainer on dry electrode manufacturing, how it differs from wet slurry coating, why Tesla and suppliers care, and what has to work at scale. CurrentCells Australia's Home Battery Boom Just Matched a Year of Grid-Scale Storage currentcells-article-australia-home-battery-400000-11gwh-2026 2026-05-19T00:08:16.000Z 2026-05-19T00:08:16.000Z Australia's Cheaper Home Batteries Program has pushed residential storage past 400,000 installations and 11.2 GWh, raising a new question for grid planners: how much distributed capacity can be coordinated like infrastructure? CurrentCells Akuo Moves Portugal Solar-Plus-Storage Project Toward Construction currentcells-article-akuo-portugal-santasbat-solar-storage-2026 2026-05-18T00:04:56.000Z 2026-05-18T00:04:56.000Z Akuo is developing the SantasBAT battery in Borba, Portugal, pairing 220 MWh of storage with an existing 181 MW solar plant as the country pushes toward 85 percent renewable electricity by 2030. CurrentCells Pakistan Battery Makers Push to Cut 50 Percent Tax on Lithium Cells currentcells-article-pakistan-lithium-cell-tax-local-assembly-2026 2026-05-17T00:03:54.000Z 2026-05-17T00:03:54.000Z Pakistan imported 26,000 MW of solar panels from 2022 through 2024, and lithium-ion battery imports could reach 2.5 GWh to 3 GWh in 2025. Industry groups argue that lowering cell taxes could make storage cheaper and give local battery pack assembly a chance to scale. CurrentCells Form Energy's Iron-Air Pipeline Faces the 30 GWh Google-Xcel Test currentcells-article-form-energy-crusoe-iron-air-ai-datacenter-12gwh-2026 2026-05-16T18:00:00.000Z 2026-05-16T18:00:00.000Z Form Energy's 12 GWh Crusoe deal now sits beside a 300 MW, 30 GWh Google-Xcel project in Minnesota. The next question is factory execution: first modules for the Minnesota battery are expected by the end of 2028 as Weirton ramps beyond pilot-scale output. CurrentCells Iberdrola’s 1 GW Queensland Battery Enters the Approval Queue currentcells-article-iberdrola-burrenbring-queensland-1gw-bess-epbc-2026 2026-05-16T00:04:35.000Z 2026-05-16T00:04:33.000Z Iberdrola Australia filed the proposed Burrenbring BESS under the EPBC Act. The 1,000 MW project near Nebo, Queensland would use LFP battery units, connect underground to Powerlink Queensland’s Nebo Substation, and offer 2 to 4 hours of storage duration. CurrentCells BYD Blade Battery 2.0: Flash Charging Moves From Flagships to Volume EVs currentcells-article-byd-blade-battery-2-lmfp-flash-charging-2026 2026-05-15T18:00:00.000Z 2026-05-15T18:00:00.000Z Updated May 15 with BYD's volume rollout: the third-generation Yuan Plus gets Blade Battery 2.0 and Flash Charging with 57.545 kWh and 68.547 kWh packs, while Song Ultra pre-orders test demand below the luxury tier. CurrentCells Gotion and Richardson Test the Politics of U.S.-Made Battery Storage currentcells-article-gotion-richardson-illinois-bess-feoc-2026 2026-05-15T00:04:40.000Z 2026-05-15T00:04:37.000Z Gotion Inc. and Richardson Electronics announced an Illinois technology partnership for U.S.-made BESS products, including a 760 kWh commercial and industrial system and a 5 MWh utility-scale platform. The deal highlights both domestic storage demand and the policy tension around Chinese-linked battery technology under FEOC rules. CurrentCells CATL Company Profile: Q1 2026 Profit Jump and Sodium-Ion Scale-Up currentcells-article-catl-company-profile-2025 2026-05-14T18:00:00.000Z 2026-05-14T18:00:00.000Z CATL entered May with a stronger 2026 story: Q1 revenue rose 52.45%, net profit rose 48.52%, and its sodium-ion strategy moved from product launch to major storage orders and planned capacity expansion. CurrentCells Spearmint and Clearway Bring 1.68 GWh of U.S. Battery Storage Into Operation currentcells-article-spearmint-clearway-bess-texas-utah-2026 2026-05-14T00:04:31.000Z 2026-05-14T00:04:29.000Z Spearmint Energy added two 100 MW / 200 MWh standalone batteries in ERCOT, and Clearway commissioned the 320 MW / 1,280 MWh Honeycomb Energy Center in Utah. The projects show how U.S. grid storage is scaling through both merchant and contracted models. CurrentCells Group14 Technologies: The Silicon Anode Company Trying to Make Fast Charging Ordinary currentcells-article-group14-technologies-company-profile 2026-05-13T01:18:28.000Z 2026-05-13T01:17:00.000Z A company profile of Group14 Technologies, covering its 2015 founding, SCC55 silicon-carbon anode material, Porsche and SK backing, $1.1 billion-plus funding, South Korea and Washington production, customers, risks, and battery-market role. CurrentCells Ford Energy Turns EV Battery Capacity Into a 20 GWh Grid Storage Bet currentcells-article-ford-energy-bess-kentucky-grid-storage-2026 2026-05-13T00:05:28.000Z 2026-05-13T00:05:26.000Z Ford Energy will manufacture U.S.-assembled LFP battery energy storage systems for utilities, data centers, and industrial customers. Its DC Block product uses 512 Ah LFP prismatic cells in two-hour and four-hour configurations, with first deliveries planned for late 2027. CurrentCells Qcells and Jabil Bring Home Battery Assembly to Michigan as Domestic Content Starts to Matter currentcells-article-qcells-jabil-michigan-home-battery-manufacturing-2026 2026-05-12T00:05:15.000Z 2026-05-12T00:05:15.000Z Qcells and Jabil are assembling Q.HOME CORE G3 home batteries in Michigan, adding a domestic-content-eligible residential storage product to Qcells' U.S. solar, inverter, financing, and installer ecosystem. CurrentCells CATL's Sodium-Ion Push Now Has Orders and Factory Plans Behind It currentcells-article-china-sodium-ion-batteries-mass-production-2026 2026-05-11T18:00:00.000Z 2026-05-11T18:00:00.000Z China is ramping sodium-ion battery production at an unprecedented pace. CATL has begun mass-producing Naxtra cells for commercial vehicles, BYD is building a 30 GWh factory, and over 370 GWh of manufacturing capacity is under construction across the country. The first sodium-ion passenger cars arrive mid-2026. CurrentCells The $45 Billion Pivot: US Battery Factories Are Retooling From EVs to Grid Storage currentcells-article-us-battery-manufacturing-pivot-ev-to-grid-storage-2026 2026-05-15T13:09:32.000Z 2026-05-11T00:06:34.000Z US battery manufacturing has crossed $45 billion in active construction, but the direction has shifted. Ford, GM, and LG Energy Solution are converting EV-focused plants to lithium iron phosphate grid storage production as EV demand lags and data center and grid needs surge. CurrentCells Redwood Materials Is Chasing the Grid, Not Just the Battery Scrap Pile currentcells-article-redwood-materials-company-profile 2026-05-10T18:00:00.000Z 2026-05-10T18:00:00.000Z JB Straubel's Redwood Materials remains a major recycling and battery-materials player, but 2026 has clarified a second identity. The company is scaling Redwood Energy with data center and manufacturing projects, expanding R&D in San Francisco, and restructuring after layoffs to focus on storage systems that can be deployed faster than new grid infrastructure. CurrentCells Battery Storage Hit 100 Gigawatts Last Year. BloombergNEF Says 2026 Will Be Even Bigger. currentcells-article-bloombergnef-158gw-energy-storage-2026-100-gigawatt-era 2026-05-15T13:09:33.000Z 2026-05-10T17:39:27.000Z BloombergNEF's new Energy Storage Market Outlook puts 2025 global BESS additions at 112 GW, the first year the industry crossed 100 GW annually. The 2026 forecast calls for 158 GW more, driven by China, AI data centers, and the first real traction for non-lithium chemistries at scale. CurrentCells CATL Is Pulling Away Again, and the Rest of the Battery Industry Knows It currentcells-article-catl-company-profile 2026-05-09T18:00:00.000Z 2026-05-09T18:00:00.000Z Contemporary Amperex Technology Co., Limited is the world's largest EV battery manufacturer, holding 38% global market share as of 2025. Founded in 2011 by Robin Zeng as a spin-off of ATL's automotive battery division, CATL grew from a Fujian startup to a $113 billion-asset company in under 15 years. Its technology portfolio spans LFP, NCM, Cell-to-Pack, the Kirin fast-charging battery, and a 500 Wh/kg condensed cell targeting aviation, while its 13 factories and deep upstream mining investments cement its supply chain dominance across three continents. CurrentCells Morrow's Bankruptcy Is Another Warning That Europe's Battery Factory Window Is Narrowing currentcells-article-morrow-batteries-bankruptcy-europe-cell-factory-2026 2026-05-09T00:07:17.000Z 2026-05-09T00:07:17.000Z Morrow Batteries' collapse shows that even a focused European battery strategy built around LFP, future LNMO chemistry, public support, and early customer traction can still fail in a market defined by oversupply, lower prices, and tight capital. CurrentCells Sungrow's 19-Second Black Start Shows How Batteries Are Moving Into the Grid's Hardest Jobs currentcells-article-sungrow-grid-forming-black-start-test-2026 2026-05-08T00:05:36.000Z 2026-05-08T00:05:36.000Z Sungrow's latest grid-forming test points to a broader change in the battery market, where developers and grid operators increasingly value black-start capability, fault response, and system strength alongside cost and duration. CurrentCells BYD Flash Charging Is Scaling So Fast the Battery Became the Bottleneck currentcells-article-byd-second-gen-blade-battery-flash-charging-2026 2026-05-21T18:00:00.000Z 2026-05-07T18:00:00.000Z BYD's second-generation Blade Battery and 1,500 kW Flash Charging system are now scaling across vehicles and infrastructure. The May update adds tight battery supply, normalized Tai 3 flash-charge deliveries, Tai 7 shipments, and Bao 8 and Bao 5 delivery timing, reframing the story around manufacturing execution as much as charging speed. CurrentCells Fortescue Says AI and Batteries Stabilized a Pilbara Mining Grid in Nanoseconds currentcells-article-fortescue-ai-battery-grid-pilbara-2026 2026-05-07T00:08:03.000Z 2026-05-07T00:08:03.000Z Fortescue's Pilbara green grid combines solar, wind, multi-gigawatt-hour battery storage, and AI controls to replace imported diesel across heavy mining operations, turning battery storage into core industrial infrastructure rather than a side asset. CurrentCells Grid Storage Goes Global, and Procurement Is Now the Main Story currentcells-article-global-energy-storage-boom-europe-india-2026 2026-05-26T18:00:00.000Z 2026-05-06T18:00:00.000Z Northern European energy companies are pushing forward with multi-hundred-megawatt BESS projects backed by long-term tolling agreements, while India is diversifying beyond lithium-ion with 100MWh flow batteries and a 100GW pumped hydro roadmap. CurrentCells Li-Cycle: The Battery Recycler That Proved the Market, Then Lost the Company currentcells-article-li-cycle-company-profile 2026-05-06T01:32:25.000Z 2026-05-06T01:16:00.000Z Li-Cycle rose fast by offering one of the clearest business models in battery recycling: regional spokes that create black mass and a central hub that refines it into battery-grade materials. The strategy attracted support from LG, Glencore, and the U.S. Department of Energy, but Rochester Hub overruns and capital pressure pushed the company into restructuring in 2025. Glencore's acquisition did not erase the market need Li-Cycle identified, but it did show how difficult it is for first-of-kind battery infrastructure to stay independent long enough to finish the buildout. CurrentCells CAISO's New Day-Ahead Market Gives Batteries a Bigger Job Across the West currentcells-article-caiso-edam-batteries-western-grid-2026 2026-05-06T00:08:24.000Z 2026-05-06T00:08:24.000Z The launch of CAISO's EDAM moves more western grid coordination into the day-ahead window, where batteries can capture value from energy arbitrage, imbalance reserves, and regional renewable balancing with more visibility and less real-time uncertainty. CurrentCells Grid-Scale Battery Storage Explained: How the World Stores Electricity at Gigawatt Scale currentcells-article-grid-scale-battery-storage-explained 2026-05-05T18:08:33.000Z 2026-05-05T18:08:33.000Z Grid-scale battery storage is no longer just a chemistry and cost story. The 2026 market now mixes record deployment with procurement rules that shape which projects get financed. Saudi Arabia has opened a 12 GWh qualification round, the EU has extended high-risk supplier funding restrictions to BESS, Brazil still has nearly 3 GW of battery demand waiting on a dedicated auction, and developers increasingly have to optimize for interconnection, cybersecurity, and local-content politics as much as for cell performance. CurrentCells EU Extends High-Risk Supplier Funding Ban to Battery Storage, Squeezing PCS Vendors currentcells-article-eu-high-risk-supplier-funding-ban-bess-pcs-2026 2026-05-05T00:08:25.000Z 2026-05-05T00:08:25.000Z Battery storage projects that depend on EU-backed capital now face a tighter vendor screen. By extending high-risk supplier guidance to BESS power conversion systems, Brussels is turning cybersecurity rules into a finance problem for developers, integrators, and vendors across Europe. CurrentCells Solid-State Batteries: Promise, Tradeoffs, and the 2026 Surge currentcells-article-solid-state-batteries-promise-tradeoffs-2026 2026-05-04T18:00:00.000Z 2026-05-04T18:00:00.000Z Solid-state batteries promise higher energy density and improved safety. But decades of research have yet to deliver a mass-market product. Here's an honest assessment of where things stand. CurrentCells Northvolt Collapsed. Now Lyten Has to Prove the Pieces Can Actually Run currentcells-article-northvolt-rise-and-fall-2025 2026-05-03T18:00:00.000Z 2026-05-03T18:00:00.000Z Northvolt was founded in 2015 by two former Tesla executives with a mission to supply Europe's automotive industry with locally-made EV batteries. Over nine years, the company raised approximately $15 billion, built a factory in northern Sweden, and became Europe's answer to Chinese battery dominance. Quality failures, cancelled contracts, and massive losses led to Chapter 11 bankruptcy in November 2024 and Swedish bankruptcy in March 2025 — the largest in modern Swedish industrial history. CurrentCells CMBlu Hits Unicorn Status as AI Data Centers Search for Longer, Safer Battery Backup currentcells-article-cmblu-unicorn-lithium-free-battery-ai-data-centers-2026 2026-05-03T00:07:02.000Z 2026-05-03T00:06:59.000Z CMBlu Energy has reached unicorn status after a new funding round, highlighting rising investor interest in non-flammable, lithium-free long-duration battery systems that could support hyperscale data centers and renewable-heavy grids. CurrentCells LG Energy Solution: The Battery Giant Inside the Global EV Supply Chain currentcells-article-lg-energy-solution-company-profile 2026-05-02T18:00:00.000Z 2026-05-02T18:00:00.000Z LG Energy Solution is a top-tier global battery manufacturer with roots dating back to LG Chem's battery research in 1992. In its April 2026 first-quarter results, the company reported KRW 6.6 trillion in revenue and a KRW 207.8 billion operating loss, while securing more than 100 GWh of new 46-series cylindrical battery orders. The company's ESS business now contributes a mid-20 percent share of revenue, and LG says its North American storage production network is in place with a target of more than 50 GWh of ESS capacity by year-end. CurrentCells China's All-Iron Flow Battery Hits 6,000 Cycles With 80x Cheaper Materials Than Lithium currentcells-article-china-all-iron-flow-battery-6000-cycles-2026 2026-05-02T10:49:14.000Z 2026-05-02T10:49:14.000Z Researchers at the Chinese Academy of Sciences have published results for an all-iron flow battery electrolyte that sustains more than 6,000 full charge-discharge cycles without measurable capacity degradation, using materials that cost roughly 80 times less than lithium-based alternatives. The study appeared in Advanced Energy Materials in April 2026. CurrentCells Batteries Meet Data Centres: AI Power Demand Is Creating a Multi-Chemistry Storage Market currentcells-article-batteries-meet-data-centres-2026 2026-05-02T10:28:00.000Z 2026-05-02T10:28:00.000Z Data centres are emerging as the battery industry's most significant new market. Lyten acquired Northvolt's Swedish operations and plans a 1 GW data centre hub. Form Energy will deploy 30 GWh of iron-air batteries for Google. Inlyte Energy is piloting iron-sodium storage for Swiss colocation operator NTS. CurrentCells Solid Power's Q1 Puts Its Electrolyte Strategy Under a Cash Runway Test currentcells-article-solid-power-company-profile 2026-05-20T18:00:00.000Z 2026-04-29T01:19:49.000Z Founded as a University of Colorado spinout in 2012, Solid Power has built a materials supplier and licensing model around sulfide solid electrolytes. With a trilateral validation partnership with BMW and Samsung SDI announced in late 2025, ongoing BMW i7 road testing, $336.5 million in cash, and 2025 revenue of $21.7 million, the company is a distinctive bet on the solid-state battery transition without gigafactory-scale capital risk. CurrentCells