Natron plans to use the funds to accelerate the production of its sodium-ion batteries, which furthers Mercuria’s continued investment in the energy transition. The investment will further Natron’s development of sodium-ion battery technology as an energy storage solution for global energy markets. technological leadership in emissions detection and quantification.SANTA CLARA, Calif., November 14, 2022-( BUSINESS WIRE)-Mercuria, one of the world’s largest independent energy and commodities groups, today announced an investment in Natron Energy, the global leader in the manufacturing of sodium-ion batteries. The project will dramatically improve oil and gas operational efficiency for leak detection and emissions tracking, reduce greenhouse gas emissions, and secure U.S. To scale and expand GML operations, Bridger proposes to (1) fully automate job planning, data processing and management tools, (2) finalize second-generation hardware designs with improved sensitivity and accuracy and scale manufacturing, (3) advance predictive algorithm capabilities, and (4) integrate into customer operations. This innovative technology scans oil and gas infrastructure to detect and quantify leak magnitude using an aerial platform eliminating the need for costly conventional ground-crew site visits. (Bridger) developed the next generation of methane leak detection and quantification, Gas Mapping LiDAR™ (GML). Scaling Disruptive Methane Leak Detection and Quantification- $4,572,000īridger Photonics, Inc. The project will also position Natron’s Prussian blue electrode sodium-ion batteries for emerging applications, such as electric vehicle fast charging and dispatchable storage for grid power. To build the supply chain, Natron and its partners will adapt industry-standard chemicals synthesis and battery manufacturing equipment and processes to produce Natron’s cells and battery systems for data center applications. Natron’s tray provides data center operators up to 2x higher power density and 10x longer cycle life than existing products, along with superior safety performance. The primary product is an 8 kilowatt, 50 volt battery tray for use in data centers to manage peak compute load and provide critical backup power. The project aims to scale up production of Natron Energy’s (Natron) Prussian blue electrode sodium-ion batteries by 30x to 18,000 trays per year, and fully de-risk the resulting supply chain and products through continuous production and sales for six months. Teams not selected for the “Fast-Track” option are still eligible and under consideration for funding under the full SCALEUP program, for which selections are anticipated in January 2021.īrief descriptions of these SCALEUP “Fast-Track” selections are below, and for more information on the program click HERE.ĭomestic Manufacturing of Sodium-Ion Batteries - $19,883,951 SCALEUP “Fast-Track” teams applied under the initial solicitation at their choice but were given the opportunity to justify the urgency of their funding need in order to receive funding at an accelerated pace relative to the full program timeline.ĪRPA-E developed the “Fast-Track” in response to disruptions in the investor and R&D financing communities caused by COVID-19, as well as related capital concerns on the part of a number of SCALEUP applicants. The program works to take promising energy technologies to the pre-pilot stage of the path to market and ultimately lead to realized commercial impact. SCALEUP is a first-of-its-kind initiative that builds on ARPA-E’s primary research and development (R&D) focus, supporting the scaling of high-risk and potentially disruptive new technologies across the full spectrum of energy applications. “These two selections directly address this need and provide a mix of government and private resources to bring previously-funded ARPA-E technologies out of the lab and into the market.” “Many ARPA-E funded projects show immense technical promise, but at the end of their funding cycle are met with the difficult challenge of overcoming the dreaded ‘valley of death’ in securing further funding,” said ARPA-E Director Lane Genatowski. These SCALEUP “Fast-Track” teams, Natron Energy and Bridger Photonics, will receive $19 million and $5 million, respectively, to further their commercialization efforts in sodium-ion battery development and methane detection technologies. Department of Energy (DOE) today announced $24 million in funding for 2 projects as part of the first stage of the Advanced Research Projects Agency-Energy’s (ARPA-E) Seeding Critical Advances for Leading Energy technologies with Untapped Potential (SCALEUP) program.
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