A new type of energy storage battery is making waves in the renewable energy world. California-based Inlyte Energy recently completed a successful test of its full-scale iron-sodium battery, often called a “salt battery,” in the United Kingdom. This success marks an important step toward producing these batteries in the United States and supporting the country’s shift toward clean energy.
Other firms, such as QuantumScape Corp. (NYSE: QS), are also making progress in developing new battery chemistries for various end-uses, such as in electric vehicles. The coming years are therefore poised to bring revolutionary changes to the battery industry at a more rapid pace than has been…
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