Deals Counterparts

Peak Energy to supply Jupiter Power with 4.75 GWh of sodium-ion batteries

Supply Agreement Battery Storage announced USA Feb 23, 2026
4.75 GWh
Capacity

Peak Energy and Jupiter Power entered into a supply agreement for 4.75 GWh of sodium-ion batteries.

Deal Analysis

Peak Energy's agreement to supply Jupiter Power with 4.75 GWh of sodium-ion batteries represents a significant step in the deployment of alternative battery technologies for grid-scale energy storage in the USA. This supply agreement signals a growing interest in sodium-ion technology as a viable alternative to lithium-ion, potentially offering advantages in cost, material availability, and safety. The partnership between a vertically integrated sodium-ion battery manufacturer (Peak Energy) and a power company (Jupiter Power) suggests a strategic alignment to accelerate the adoption of this emerging technology within the energy storage market. The deal's size, at 4.75 GWh, indicates a substantial commitment to sodium-ion technology and positions Jupiter Power as an early adopter of this technology at scale. Peak Energy's role as a vertically integrated supplier is also noteworthy, as it allows for greater control over the supply chain and potentially lower costs. While the financial terms of the agreement were not disclosed, the sheer volume of batteries involved suggests a considerable investment in sodium-ion technology. This deal could serve as a benchmark for future sodium-ion battery deployments and influence the broader energy storage landscape.
  • 4.75 GWh supply agreement represents a large-scale deployment of sodium-ion battery technology.
  • Involves a vertically integrated sodium-ion battery manufacturer (Peak Energy).
  • Jupiter Power is positioned as an early adopter of sodium-ion technology at scale.
  • Signals growing interest in sodium-ion as a viable alternative to lithium-ion.
Market Context: The energy storage market is rapidly growing, driven by the increasing need for grid flexibility to support renewable energy integration. Battery storage is a key technology in this market, and there is a growing interest in alternative battery chemistries like sodium-ion to address concerns about lithium supply chains and costs.

Source Intelligence

KEY DETAILS

The agreement is for sodium-ion batteries. "Significant supply deals, such as the 4.75 GWh sodium-ion agreement between Peak Energy and Jupiter Power, signal that the market is diversifying to mitigate lithium supply risks."

Capacity
Significant supply deals, such as the 4.75 GWh sodium-ion agreement between Peak Energy and Jupiter Power, signal that the market is diversifying to mitigate lithium supply risks.
Location
The report confirms that 2025 was the largest single year for battery additions on record, with the U.S. installing 57.6 GWh of new capacity, a 30% increase over 2024.
PARTIES MENTIONED IN SOURCE
P
Peak Energy seller

"Significant supply deals, such as the 4.75 GWh sodium-ion agreement between Peak Energy and Jupiter Power, signal that the market is diversifying to mitigate lithium supply risks."

J
Jupiter Power buyer

"Significant supply deals, such as the 4.75 GWh sodium-ion agreement between Peak Energy and Jupiter Power, signal that the market is diversifying to mitigate lithium supply risks."

medium quality Enriched Feb 23, 2026

Timeline

Announced
Feb 23, 2026
Signed
Closed

Market Context

This deal is part of the Battery Storage sector in USA.
84
Battery Storage deals
206
deals in USA
1 of 84 Battery Storage deals tracked this month · Updated daily

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