'Vehicle electrification will be one of the defining economic trends of the next decade. In addition, Natron's batteries provide improved safety compared to incumbent technology as they are nonflammable during overcharge, hard short circuit, nail penetration, and under external heating to over 200В° C.

This has allowed Natron to build the first battery in which chemistry does not limit the lifetime of the system, opening up new opportunities for energy storage to support EV charging, renewables such as solar and wind, and industrial applications. For this reason, batteries based on Prussian Blue can be fully charged and discharged tens of thousands of times at very high power. Prussian Blue has a unique structure and composition that allow it to store energy much more rapidly and reversibly than other types of battery electrodes. Natron's patented technology uses Prussian Blue pigments in both the positive and negative electrode of the battery. 'This investment furthers CTV's objective to foster and support the innovation that will enable the next generation of energy products and services,' continued Barbara J. Unlike the electrode materials found in most lithium-ion batteries, Prussian Blue enjoys a widespread availability and low cost that make batteries based on Prussian Blue electrodes an economically attractive, environmentally friendly technology. Prussian Blue dye, commonly used in blueprints, stores and releases energy in the form of sodium ions. 'The high-power density and fast charging time of Natron's unique battery technology make it an attractive storage solution for the EV station of the future.' 'Chevron Technology Ventures is excited about the opportunity to support Natron Energy's development of high-performance energy storage systems,' said Jesse Teichman, who led the investment by CTV. Natron Energy will adapt its battery technology, originally developed for data center and utility scale applications, to meet the power requirements of the emerging EV fast charging market.

14, 2019 /PRNewswire/ - Natron Energy, a developer and provider of disruptive new battery products using Prussian Blue electrode chemistry, has closed a strategic investment by Chevron Technology Ventures (CTV) to support the development of stationary energy storage systems for demand charge management at electric vehicle (EV) charging stations.

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