What markets can Nanotech Energy’s graphene and SUPERbattery be used in? While portable electronic devices have experienced a lot of progress over the past few years in terms of size and functionality, batteries are still lagging behind.
The problem lies in the fact that it takes an electronic device a huge battery to function. This has increased the demand for compact, lightweight and energy dense lithium ion batteries.
Capacity determinates how long the battery will last on a single charge, which is one of the main features of today’s electronic devices. Nanotech Energy has gone a long way towards creating the next generation of lithiumion battery.
With ultrahigh energy density, our proprietary GPower-345 batteries promise to increase the operation time of portable electronic devices by 25% while extending the battery lifetime as well.
Governments around the world are taking responsible steps towards the adoption of clean energy technologies while reducing dependence on oil. In 2008, Obama administration called for a million car running on the roads by 2015, yet, as of today we are only 40% towards this target. This calls for electric vehicle manufacturers, electric utilities and states to work together towards putting more electric vehicles on the road. Low electricity rate and strong charging infrastructure are necessary for the widespread adoption of electric vehicles. What is even more important is the development of high capacity battery packs allowing for electric vehicles with longer range at lower cost. The GPower-222 and GPower-345 promise electric cars with more than 400 miles, which when demonstrated will be the longest range in the world.
In 2015, solar industry proved once again to be the fastest growing energy source in the United States. Reports indicate that 7.2 GW of solar panels was installed in 2015, the largest annual total ever and 16% above 2014. And 2016 is set to break all the previous records and is projected to exceed 10 GW added on annual basis for the first time ever and the number of homeowners with solar installed to exceed the 1 million mark. While standalone solar systems produce electricity with high efficiency, only a fraction of this energy can be used. Without a plausible way to capture the unused energy, you are either throwing it away or selling it back to the grid. A Nanotech Energy solar battery allows you to capture and store the excess energy, opening up the possibility of going off-the-grid. This energy can be released for use at night or during times of heavy consumption. The development of high-power battery packs can accelerate the growth of green technology.
Installing banks of energy storage batteries into electricity grids is an established method for improving the reliability and overall use of the entire power system. Batteries can absorb electric energy whenever there is too much generation and inject it back to the grid when more electricity is required. This means less chance of the grid becoming overloaded and disrupting the power supply. It also makes the power supply smoother and more predictable. Nanotech Energy is developing new battery packs for grid energy storage. The battery packs are projected to provide the lowest price/kWh/cycle, which may have a significant impact on the economics of grid scale energy storage.