# Wood Mackenzie finds sodium-ion battery supply deals exceed 70 GWh

_Published Friday, November 6, 2026 at 8:19 PM EST · Infrastructure · Latest · Tier 2 — Notable_

![Wood Mackenzie finds sodium-ion battery supply deals exceed 70 GWh — Primary](https://www.pv-magazine.com/wp-content/uploads/2025/03/Singeng-Sodium-ion-project-in-Hubei.jpg)

Sodium-ion battery supply agreements now total more than 70 GWh as the technology enters commercial production, according to a Wood Mackenzie analysis reported by pv magazine. Agreements span China, the United States and Europe, while India remains in early commercial validation.

Wood Mackenzie expects leading manufacturers to reach cell-level cost parity with lithium iron phosphate batteries by late 2026. Module and system cost parity is not expected until after 2030.

Sodium-ion systems currently average $229/kWh globally, compared with approximately $200/kWh for lithium iron phosphate. Planned manufacturing capacity exceeds demand, and lithium iron phosphate remains the more commercially mature option for projects using two to four hours of storage.

## Sources

- [pv-magazine.com](https://www.pv-magazine.com/2026/11/06/sodium-ion-batteries-approach-cost-parity-with-lfp-with-70-gwh-covered-by-supply-agreements/)

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Canonical: https://techandbusiness.org/newswire/prtDqL5G_ACScfmI7jF000
Published: 2026-11-07T01:19:47.640Z
Story chronology: 2026-11-06T12:34:37.000Z
Retrieved: 2026-11-08T06:08:45.065Z
Publisher: Tech & Business (techandbusiness.org)