![]() Jorg began his career developing custom capital markets trading systems based in Zurich, Switzerland. Jorg’s teams built over 2000+ MW of solar power plants, SunPower’s primary profit driver at that time and achieved over 60% reduction in cost reductions while driving major improvements in business development, sales, engineering, procurement, construction, operations, customer service and support.īefore joining SunPower, Jorg served as an Executive Partner and practice leader at Accenture where he was instrumental in driving large scale system integration and business process change programs for prominent high-tech companies including Apple, Autodesk, Cadence, Hewlett-Packard, Hitachi, Intuit, and Sun Microsystems. He led SunPower’s global power plant business unit ($1.5B+ P&L) and several other transformational leadership roles. Previously, Jorg led strategy, sales and operations for Primus Power, a disruptive long-duration energy storage provider. ![]() By leveraging its core competencies, particularly in drilling, engineering, automation, data science, and manufacturing, Nabors aims to innovate the future of energy and enable the transition to a lower carbon world.EnerVenue builds simple, safe, maintenance-free energy storage for the clean energy revolution – based on technology proven over decades in extreme conditions, now scaled for large renewable energy integration applications. With operations in more than 15 countries, Nabors has established a global network of people, technology and equipment to deploy solutions that deliver safe, efficient and responsible energy production. Nabors Industries is a leading provider of advanced technology for the energy industry. With this support from Nabors, Natron is accelerating the rate at which it brings its Michigan factory online for the world's first mass production of sodium-ion batteries." Having the global power of Nabors backing us is a game-changer that expands access to the carbon reduction initiatives in the oilfield. Their investment dramatically accelerates Natron's entry into oil and gas markets. We are excited to add to our clean energy initiatives while leveraging our existing competencies and global scale to help accelerate the commercialization of this exciting technology within the oil and gas industry."Ĭolin Wessells, Ph.D., Natron Co-Founder and CEO, added: "We are excited to team up with Nabors. Following our investment in geothermal energy, emissions monitoring, and ultracapacitors, we now welcome Natron to our energy transition venture portfolio. Together, Natron and Nabors will target drilling operations where Nabors has already started to combine energy storage solutions with traditional fuel-powered generators to lower emissions and fuel consumption. Natron can provide a safe, cost-effective battery solution for various industrial applications. Petrello, Nabors Chairman, CEO and President, said: "As businesses accelerate the electrification of operations, the need for reliable, affordable, and environmentally responsible energy storage solutions is greater than ever before. ![]() Natron leverages existing lithium-ion manufacturing facilities for production, and its supply chain requires zero lithium, cobalt, copper, nickel, or other difficult-to-obtain minerals.Īnthony G. Natron's batteries, which store sodium ions in electrode materials based on Prussian blue materials, offer higher power density, longer service life, and unique safety characteristics over other battery technologies. Natron and Nabors are evaluating the introduction of sodium-ion batteries as an energy storage solution for drilling markets. ![]() Natron plans to use the funds to accelerate the production of its sodium-based battery technology at its Michigan facilities, concentrating on industrial power and energy transition markets. ("Natron"), a global leader in the manufacturing of sodium-ion batteries. ("Nabors") (NYSE: NBR), a leading provider of advanced technology for the global energy industry, today announced that it has invested $7 million in Natron Energy, Inc. HAMILTON, Bermuda and SANTA CLARA, Calif., J/PRNewswire/ - Nabors Industries Ltd. Provides $7 million to scale up production capacity for pioneering sodium-ion batteryĭeveloper to tap emerging oilfield carbon reduction market
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