Adena Power Joins Halliburton Labs
23 Julio 2024 - 7:00AM
Business Wire
Halliburton Labs to support Adena’s scale-up;
to hold finalists Pitch Day as part of Houston Energy and Climate
Startup Week
Halliburton Labs welcomes Adena Power, the newest company to
join its collaborative environment for energy and climate ventures.
Adena Power develops energy storage solutions for behind-the-meter
commercial, industrial, and utility markets that use U.S. raw
materials and manufacturing. Their innovative sodium battery
technology targets unmet needs in these markets for lower installed
cost, flexible duration, and safety relative to lithium-ion
options.
"There is a 100 terawatt-hours (TWh) opportunity for energy
storage in the U.S. grid," said Nathan Cooley, co-founder and CEO
of Adena Power. "With Halliburton Labs’ support and operational
expertise, Adena Power looks to accelerate scaling and take
advantage of the high-growth market opportunity."
The announcement builds on an exciting year for Adena as the
People’s Choice Award winner at the National Renewable Energy Labs
Industry Growth Forum. They were also awarded the MAKE IT Prize
(Manufacture of Advanced Key Energy Infrastructure Technologies) by
the U.S. Department of Energy - an award aimed at the promotion of
domestic manufacturing of critical energy technology
components.
“We are pleased to welcome Adena Power to Halliburton Labs,”
said Dale Winger, managing director of Halliburton Labs. “Our team
is ready to collaborate with Adena to help them accelerate their
growth to meet the demand for behind-the-meter storage
solutions.”
Halliburton Labs harnesses Halliburton’s industrial experience,
skilled workforce, and global business network to assist
early-stage energy tech ventures to optimize their time and
resources as they scale their business.
Join us: Finalists Pitch Day in September
Halliburton Labs invites energy and decarbonization industry
innovators, startups, and investors to participate in the next
Finalists Pitch Day in Houston on Friday, September 13,
2024. This event is part of Houston Energy and Climate Startup
Week. It offers a unique opportunity to learn from startup
finalists and exchange perspectives with leaders at the forefront
of energy innovation.
Register here to be part of the experience and contribute to the
future of sustainable energy.
About Halliburton Labs
Halliburton Labs is a collaborative environment where
entrepreneurs, academics, investors, and industrial labs join to
advance cleaner, affordable energy. Located at the Halliburton
headquarters in Houston, Texas, Halliburton Labs provides access to
world-class facilities, operational expertise, practical
mentorship, and financing opportunities in a single location to
help participants scale their business. Visit the company’s website
at Halliburton Labs. Connect with Halliburton Labs on LinkedIn and
Instagram. Halliburton Labs is a wholly owned subsidiary of
Halliburton Company (NYSE: HAL).
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version on businesswire.com: https://www.businesswire.com/news/home/20240723823464/en/
Investor Relations Contact David Coleman
investors@halliburton.com 281-871-2688
Press Contact Victoria Ingalls pr@halliburton.com
281-608-8839
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