(WO) — Halliburton Labs welcomes Adena Energy, the most recent firm to hitch its collaborative setting for vitality and local weather ventures.
Adena Energy develops vitality storage options for behind-the-meter industrial, industrial, and utility markets that use U.S. uncooked supplies and manufacturing. Their revolutionary sodium battery expertise targets unmet wants in these markets for decrease put in value, versatile period, and security relative to lithium-ion choices.
“There’s a 100 terawatt-hours (TWh) alternative for vitality storage within the U.S. grid,” stated Nathan Cooley, co-founder and CEO of Adena Energy. “With Halliburton Labs’ help and operational experience, Adena Energy appears to be like to speed up scaling and benefit from the high-growth market alternative.”
The announcement builds on an thrilling yr for Adena because the Folks’s Selection Award winner on the Nationwide Renewable Power Labs Trade Development Discussion board. They have been additionally awarded the MAKE IT Prize (Manufacture of Superior Key Power Infrastructure Applied sciences) by the U.S. Division of Power – an award aimed on the promotion of home manufacturing of vital vitality expertise parts.
“We’re happy to welcome Adena Energy to Halliburton Labs,” stated Dale Winger, managing director of Halliburton Labs. “Our workforce is able to collaborate with Adena to assist them speed up their progress to satisfy the demand for behind-the-meter storage options.”
Halliburton Labs harnesses Halliburton’s industrial expertise, expert workforce, and international enterprise community to help early-stage vitality tech ventures to optimize their time and sources as they scale their enterprise.