Deals Counterparts

Peak Energy and RWE Americas to deploy first sodium-ion battery in MISO

Partnership Storage announced United States Mar 12, 2026
development
Stage

Peak Energy and RWE Americas will deploy an $85 million, 40 MW / 160 MWh sodium-ion battery in Illinois, the first in MISO. Peak Energy provides.

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Deal Analysis

The deployment of the first 40 MW / 160 MWh sodium-ion battery in MISO, located in Illinois, represents an early-mover play into next-generation grid storage. This $85 million development, announced on 2026-03-12, positions Peak Energy and RWE Americas at the forefront of non-lithium grid solutions. The partnership leverages Peak Energy's vertical integration in sodium-ion battery manufacturing with RWE Americas' extensive operational footprint across the US, Canada, and Mexico. RWE Americas de-risks adoption of emerging storage technology through this development stage project. Peak Energy, in turn, gains a critical grid-scale deployment for its sodium-ion systems, validating their scalability and safety for grid applications. RWE Americas, already operating over 8 GW of onshore wind, solar, and battery storage capacity, diversifies its technology portfolio with this sodium-ion deployment in Illinois. As a leading developer, owner, and operator of renewable energy assets, RWE Americas gains early operational experience with a potentially cost-effective alternative to traditional lithium-ion storage. Peak Energy, a vertically integrated energy storage company focused on developing and manufacturing sodium-ion battery storage systems, secures a foundational grid-scale project. This Illinois project provides Peak Energy a crucial reference site to accelerate market penetration for its sodium-ion solutions, aiming to provide scalable storage for grid-scale applications. The 2026-03-12 announcement allows Peak Energy to showcase its sodium-ion technology within the MISO market.
  • First sodium-ion battery deployment in MISO.
  • $85 million project value for the 40 MW / 160 MWh battery.
  • RWE Americas operates over 8 GW of renewable capacity across North America.
  • Peak Energy is a vertically integrated sodium-ion battery manufacturer.
  • Project announced on 2026-03-12.
  • Deployment in Illinois.

Source Intelligence

KEY DETAILS

The project is a dual pilot project. The system is passively cooled and grid-scale. It is designed to operate safely at wide temperature ranges and reduce lifetime energy storage costs. Peak systems are designed to reduce overbuild, require less routine maintenance, and waste less energy, cutting 90% of auxiliary power use. The proprietary ESS can reduce the lifetime cost of energy stored by an average of $70/kWh. Using Peak’s systems could cut total storage system costs down another 25% compared to lithium-ion options. Quote: "The Midcontinent Independent System Operator (MISO) will receive its first sodium-ion battery thanks to a dual pilot project from battery company Peak Energy and global energy company RWE Americas." Quote: "Set to be deployed in Eastern Wisconsin, Peak’s passively cooled, grid-scale energy storage system could be the first ripple indicating MISO’s pivot toward next-gen, non-lithium storage..." Quote: "Sodium-ion cells are particularly well-suited for the Midwest, given that they can operate safely at wide temperature ranges without negative impacts on performance." Quote: "By integrating passive cooling and prioritizing low degradation designs, Peak systems should reduce overbuild, require less routine maintenance and waste less energy, to the tune of cutting 90% of auxiliary power use." Quote: "According to the company, their proprietary ESS can reduce the lifetime cost of energy stored by an average of $70/kWh, which is around half the total price of an average battery system today." Quote: "Doing it with Peak’s systems could cut the total storage system costs down another 25% compared to lithium-ion options."

Location
The Midcontinent Independent System Operator (MISO) will receive its first sodium-ion battery... Set to be deployed in Eastern Wisconsin
Announcement
By Phoebe Skok Mar 12, 2026
PARTIES MENTIONED IN SOURCE
P
Peak Energy developer

"A pilot project from Peak Energy and RWE comes quick on the heels of Peak’s deployment of the largest grid-scale sodium-ion storage system in the US last July. By Phoebe Skok Mar 12, 2026 Sodium-ion batteries Technologies Peak Energy's sodium-ion storage system at SolarTAC in Colorado. | Image: Peak Energy The Midcontinent Independent System Operator (MISO) will receive its first sodium-ion battery thanks to a dual pilot project from battery company Peak Energy and global energy company RWE Americas."

R
RWE Americas developer

"A pilot project from Peak Energy and RWE comes quick on the heels of Peak’s deployment of the largest grid-scale sodium-ion storage system in the US last July. By Phoebe Skok Mar 12, 2026 Sodium-ion batteries Technologies Peak Energy's sodium-ion storage system at SolarTAC in Colorado. | Image: Peak Energy The Midcontinent Independent System Operator (MISO) will receive its first sodium-ion battery thanks to a dual pilot project from battery company Peak Energy and global energy company RWE Americas."

high quality Enriched Mar 12, 2026

Timeline

Announced
Mar 12, 2026
Signed
Closed

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