Published on 29 May 2024 on Zacks via Yahoo Finance
Southern (SO) Invests in Solid-State Battery Technology
Southern Company’s SO subsidiary has made an early-stage investment in Johnson Energy Storage, Inc., an Atlanta-based battery manufacturing company that develops solid-state battery technology. This move highlights Southern Company's commitment to clean energy solutions and supporting local innovations.
Why Solid-State Batteries Matter
Solid-state batteries hold immense potential for the future of energy storage. Unlike traditional lithium-ion batteries that use liquid electrolytes, solid-state batteries utilize a solid electrolyte. This innovation promises several advantages: