Natron Energy bites the dust

[Thinker101]

In August 2024, Natron Energy announced plans for a 24 GW sodium-ion battery factory in North Carolina, scaling up its production capacity by 40 times. The $1.4 billion facility would be supported by a North Carolina Job Development Grant, the company said.

The announcement comes amid a surge in U.S. solar and energy storage installations, boosted by tax incentives in the Biden administration’s 2022 Inflation Reduction Act.

The company was also awarded a $21.7 million Job Development Investment Grant (JDIG) for a 12-year term and $30 million from the North Carolina Megasite Readiness Program for on-site preparation

Now Natron Energy is about to close up shop and disappear. How much of the “awarded” money will get returned?

US sodium ion specialist Natron Energy ceases operations - Energy Storage

 

[Manonthestreet]

In August 2024, Natron Energy announced plans for a 24 GW sodium-ion battery factory in North Carolina, scaling up its production capacity by 40 times. The $1.4 billion facility would be supported by a North Carolina Job Development Grant, the company said.

The announcement comes amid a surge in U.S. solar and energy storage installations, boosted by tax incentives in the Biden administration’s 2022 Inflation Reduction Act.

The company was also awarded a $21.7 million Job Development Investment Grant (JDIG) for a 12-year term and $30 million from the North Carolina Megasite Readiness Program for on-site preparation

Now Natron Energy is about to close up shop and disappear. How much of the “awarded” money will get returned?

US sodium ion specialist Natron Energy ceases operations - Energy Storage

I gotta get in on this.....easy millionaire status , feed em rube food and say the market changed

 

[Concerned American]

In August 2024, Natron Energy announced plans for a 24 GW sodium-ion battery factory in North Carolina, scaling up its production capacity by 40 times. The $1.4 billion facility would be supported by a North Carolina Job Development Grant, the company said.

The announcement comes amid a surge in U.S. solar and energy storage installations, boosted by tax incentives in the Biden administration’s 2022 Inflation Reduction Act.

The company was also awarded a $21.7 million Job Development Investment Grant (JDIG) for a 12-year term and $30 million from the North Carolina Megasite Readiness Program for on-site preparation

Now Natron Energy is about to close up shop and disappear. How much of the “awarded” money will get returned?

US sodium ion specialist Natron Energy ceases operations - Energy Storage

Same amount as Obama's Solyndra project returned.

 

[Hafar1014]

Renewable energy is loser it cant work cost too much will cause catastrophic failures its time to end support for it

 

[Independent thinker]

In August 2024, Natron Energy announced plans for a 24 GW sodium-ion battery factory in North Carolina, scaling up its production capacity by 40 times. The $1.4 billion facility would be supported by a North Carolina Job Development Grant, the company said.

The announcement comes amid a surge in U.S. solar and energy storage installations, boosted by tax incentives in the Biden administration’s 2022 Inflation Reduction Act.

The company was also awarded a $21.7 million Job Development Investment Grant (JDIG) for a 12-year term and $30 million from the North Carolina Megasite Readiness Program for on-site preparation

Now Natron Energy is about to close up shop and disappear. How much of the “awarded” money will get returned?

US sodium ion specialist Natron Energy ceases operations - Energy Storage

Supposedly they have new and better technology coming out all the time, which makes green energy under construction outdated before the facilities are even finished being built.