(WO) — Halliburton Labs welcomes Adena Energy, the most recent firm to hitch its collaborative atmosphere 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 modern sodium battery know-how targets unmet wants in these markets for decrease put in price, versatile length, 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 seems to speed up scaling and make the most of the high-growth market alternative.”
The announcement builds on an thrilling 12 months for Adena because the Individuals’s Alternative Award winner on the Nationwide Renewable Power Labs Business Progress Discussion board. They had 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 essential vitality know-how parts.
“We’re happy to welcome Adena Energy to Halliburton Labs,” stated Dale Winger, managing director of Halliburton Labs. “Our staff is able to collaborate with Adena to assist them speed up their development to fulfill 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 assets as they scale their enterprise.