Nabors Backs Sodium-ion Battery Manufacturer Natron Energy

Nabors Industries' investment will provide the funds needed to scale up production capacity for battery developer Natron Energy to tap the emerging oilfield carbon reduction market.

Hart Energy Staff
Natron Energy, Nabors Industries, sodium-ion battery technology

Based in Santa Clara, Calif., Natron Energy develops high power and long lasting Prussian blue sodium-ion battery technology. (Source: Tada Images / Shutterstock.com)

Nabors Industries Ltd. invested $7 million in Natron Energy Inc. to be used for the advanced production of Natron's sodium-based battery technology, according to a Nabors press release on July 21.

Natron's batteries store sodium ions in Prussian blue-based electrode materials and can be used for a range of industrial power applications, such as backup power systems and electric vehicle fast charging. The company uses preexisting lithium-ion manufacturing facilities to produce the technology.

Additionally, the technology offers higher power density and longer service life, as well as provides certain safety characteristics other battery technologies exclude. The company's supply chain doesn't require hard-to-obtain metals such as lithium, cobalt, copper or nickel.

At its Michigan facilities, Natron is concentrating on implementing its technology into the industrial power and energy transition markets while it collaborates with Nabors to evaluate the batteries as an energy storage solution for drilling markets.

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