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SINGAPORE – As Singapore seeks to harness as much sunshine as it can to maximise its limited renewable energy sources, it needs to improve technologies that can store excess solar energy from the day. One such technology is energy storage systems (ESS), which are essentially giant batteries packed in containers that store electricity for later use.
Posh Electric specialises in developing ESS that run on sodium-ion batteries. With the grant, the company will study the viability of this newer type of battery for energy storage in Singapore. Sodium is 1,000 times more abundant on earth compared with lithium, which has to be mined in specific areas, such as briny water and rock ores.
The strategic positioning of Singapore in the heart of Southeast Asia, combined with its robust logistics capabilities and forward-looking economic policies, has attracted a wealth of battery manufacturers specializing in everything from car batteries to advanced lithium battery systems for electric vehicles (EVs) and renewable energy storage.
Woodlands, another significant industrial sector in Singapore, plays a crucial role in the supply chain for battery manufacturers.
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