New York Battery and Energy Storage Technology Consortium
The Supply Chain Database includes a wide array of companies, and individuals from New York and beyond who are working in the battery and advanced energy storage industry.
China, in particular, will remain a global leader, with strong government targets aiming for at least 40 GW of battery storage installed by the end of 2025. The country has also diversified its energy storage portfolio, launching the world's largest sodium-ion BESS in 2024 and developing non-battery storage projects like flywheel systems.
The New York Battery and Energy Storage Technology (NY-BEST™) Consortium, established in 2010, serves as an expert resource for energy storage-related companies and organizations looking to grow their business in New York State.
Companies like QuantumScape, Solid Power, and Toyota are at the forefront of solid-state battery development, promising significant advancements in energy density, charging speed, and safety.
Investing in the battery storage sector requires a nuanced understanding of its technological landscape, market dynamics, and inherent risks. The choice of battery chemistry is paramount, depending on factors such as cost, lifespan, energy density, and specific application requirements.
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