- Sunrise New Energy (EPOW, Financial) awarded $960,000 grant for sodium-ion battery anode project.
- Project achieves 90% initial Coulombic efficiency, 85% capacity retention after 1,000 cycles.
- Sole recipient in Guizhou Province for anode materials initiative.
Sunrise New Energy (NASDAQ: EPOW) has successfully secured a $960,000 science and technology grant from the Guizhou Provincial Department of Science and Technology. This funding supports Sunrise's cutting-edge project aimed at developing long-life, low-cost sodium-ion battery hard carbon anode materials. The project was selected following multiple expert panel reviews, emphasizing the robustness of Sunrise's technology.
The proprietary hard carbon anode technology developed by Sunrise exhibits remarkable performance metrics. It boasts an initial Coulombic efficiency of 90% and maintains 85% capacity retention after 1,000 cycles. These capabilities address significant hurdles in commercializing suitable anode materials for sodium-ion batteries, particularly beneficial for large-scale energy storage systems and electric vehicles operating in colder climates.
Notably, Sunrise's initiative is the only anode materials project within Guizhou Province to have received this grant. This underscores the competitive advantage and technological leadership Sunrise holds in the sodium-ion battery sector, positioning the company as a key player in the evolving energy storage landscape.
Sunrise New Energy, based in Zibo, China, continues to pioneer in battery technology innovation, diversifying its portfolio beyond traditional lithium-ion battery materials into emerging segments like sodium-ion technology. This strategic move aligns with the company’s growth trajectory, enhancing its market position and revenue opportunities in the global energy storage industry.
