NATRON ENERGY INVESTORS SERIES

Form Energy claims its aqueous air battery provides 150-hour duration storage.Eos has spent more than $160 million from investors such as AltEnergy, Holtec International, Reservoir Capital Group, and Generation Capital. Eos Energy Storage with its four- to six-hour duration zinc battery chemistry announced its intention to go public via a SPAC.Within the last few months, we’ve seen these energy storage investments. Investors seem fascinated by energy storage this year – the long-duration variety in particular. Lithium-ion batteries have their disadvantages - high reactivity, conflict minerals and environmental risk - but they are the clear-cut dominant winner in today’s battery race. energy storage deployments reached roughly 500 MW in 2019 - of which only a few megawatts were non-lithium-ion chemistries. Otherwise, Natron will be competing with the incumbent stationary energy storage technology – lithium ion. Natron’s batteries survive tens of thousands of deep discharge cycles, can be fully charged or discharged in just minutes, and cost significantly less than incumbent lead acid batteries.”įrom that description, it appears that Natron is going after lead-acid battery edge cases. Although Prussian blue provides modest energy density, the startup claims it is so earth-available and inexpensive that it could provide a cost-effective and sustainable answer for stationary energy storage.Īccording to its website, Natron is developing batteries for “data-center UPS, electric forklifts, smart grids/microgrids, and renewables support. Natron Energy is the former Alveo, which was founded in 2012, based on work within the Huggins Group by co-founder Dr. Fluxus Ventures has also invested in the company, which has received more than $50 million in venture funding and more than $5 million in Advanced Research Projects Agency–Energy (ARPA-E) and US Department of Energy funding. Return backers Chevron Technology Ventures, Khosla Ventures, and Prelude Ventures also participated.

NATRON ENERGY INVESTORS SERIES

Natron Energy, a California-based startup developing a battery using Prussian blue analogue electrodes and a sodium-ion electrolyte, has raised $35 million in series D funding round led by ABB Technology Ventures, NanoDimension Capital and Volta Energy Technologies. Clean Power Research: Solar data solutions to maximize PV project performance.Energy Storage North America Special 2018.The smarter E Europe 2019 special edition.Market overview: Microgrid control systems.Market overview: Large-scale storage systems.The company has also been evaluating its technology under a 2018 agreement with French multinational utility EDF. The DOE said Natron’s tray provides datacentre operators 'up to 2x higher power density and 10x longer cycle life than existing products, along with superior safety performance”. The company’s primary product is an 8kW, 50V battery tray for use in datacentres to manage peak computer load and provide critical back-up power. The company’s patented technology is based on Prussian blue analogue electrodes and a sodium-ion electrolyte. Natron, formerly Alveo Energy, was founded in 2012 as a spin-off from Stanford University. Natron said the series D investment pushed its total funding since inception past $70m and would increase the commercialisation of its sodium-ion battery up to 10 times by 2021. The announcement comes just weeks after Natron raised $35m in series D funding, which was co-led by ABB Technology Ventures, NanoDimension Capital and Volta Energy Technologies, with existing investors Chevron, Khosla Ventures and Prelude continuing their participation in funding.

The DOE said the award was made under the Advanced Research Projects Agency-Energy’s programme for ‘Seeding Critical Advances for Leading Energy technologies with Untapped Potential’. California battery tech firm Natron Energy has won a funding boost of nearly $20m (£15.5m) from the US Department of Energy (DOE) towards commercial development of its ‘Prussian blue electrode sodium-ion’ chemistry.

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