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Posts Tagged ‘batteries’

Virginia-based Encell charges up with $5.5M funding

Thursday, May 27th, 2010

EncellCHARLOTTESVILLE, VA – Encell Technology Inc., a company developing advanced energy storage systems, has raised a $5.5 million equity financing, according to a regulatory filing.

Founded in Atlanta in 2006, the company moved its headquarters to Charlottesville, VA, recently. It also has R&D and manufacturing facilities in Alachua, FL.

Encell has developed and manufactures a family of green, safe and economical rechargeable industrial batteries. One of the main applications for Encell’s batteries is to provide energy storage and power back-up for the base transceiver stations of mobile network operators.

It also develops and manufactures green rechargeable batteries for the automotive sector, green building industry, the computer industry and other vertical markets.

Encell’s near term focus is on the mobile communications industry and secondarily on the fixed line telecommunications and data storage industries. To address these markets, it designed and patented a power storage solution, the Sentinel Smart Power System.

The Sentinel is based on Nickel Metal Hydride (NiMH) chemistry. The Sentinel™ improves operating efficiency and reduces the cost of maintaining back-up power installations.

The company recently is working with the University of Virginia to develop novel battery chemistries and designs.

Encell disclosed the funding in a filing with the U.S. Securities and Exchange Commission.

Planar Energy wins $4M DOE grant for battery tech

Friday, April 30th, 2010

PlanarenergyORLANDO, FL - Planar Energy, the developer of large-format, solid-state, ceramic-like batteries at half the cost and triple the performance of lithium-ion batteries, today received a $4 million award from the U.S. Department of Energy.

The grant is part of the DOE’s Advanced Research Project Agency-Energy (ARPA-E) initiative to accelerate transformational energy research projects.

“With our breakthrough technology, which couples a fundamental electrolyte materials innovation with our proprietary low-cost, chemical deposition platform and manufacturing process, Planar Energy is creating scalable, environmentally friendly and cost-effective technology that will enable the U.S. transportation industry to reduce reliance on fossil fuels, help reduce greenhouse gas emissions, and reestablish U.S. leadership in energy storage,” said President and CEO Scott Faris.

He added that the DOE award will enable Planar Energy to accelerate the development and commercialization of all solid-state lithium batteries, which will encourage the adoption of plug-in hybrid and all-electric vehicles.

Planar Energy was established in Orlando, Fla., in 2007. It was spun out of the U.S. Department of Energy’s National Renewable Energy Laboratory in Golden, Colo., by Princeton, N.J.-based Battelle Ventures and its Knoxville, Tenn.-based affiliate fund, Innovation Valley Partners.

Blue Nano materials make better fuel cells, batteries and solar products

Tuesday, February 9th, 2010

By Allan Maurer

soloar cell photo

Solar cells are only one product Blue Nano materials improve

CHARLOTTE, NC –Blue Nano does not tell anyone how it makes its high nanotechnology materials that help manufacture durable fuel cells, longer lasting batteries and better solar panels. “No one can match our quality and volume,” explains David Himebaugh, company president. “We can make more material in a month than anyone else can in a year.”

Although it is focused on the energy sector, its nanotech materials have a wide variety of other uses and potential uses in automotive, adhesives, photonics, electronics, health care, and other sectors. Blue Nano’s unique manufacturing process makes its products more cost effective for many uses, Himebaugh says.

Working in the world of the very small—there are 25.4 million nanometers in one inch—requires quite specialized knowledge. Even the physical properties of materials change at that ultra tiny scale. “Inert things become combustible, transparent ones become opaque. The rules are different,” explains Himebaugh.

The company’s Chief Technology Officer, Chang Chen developed the original process while in school at North Carolina State University, but Blue Nano has added many additional scientists and advanced the process considerably since the company was founded in 2007.

“The process is key,” he says. “We’re able to customize lengths and diameters and do it all in very high quality and high volume, so it’s cost effective.”

The company can take any of the natural elements it works with, copper, gold, silver, and so forth and cost-effectively create more surface area on them at the nanoscale. “That’s what we found the key to doing,” Himebaugh says.

A manufacturer using a gram of nanotech silver powder in a product could gain 3,000 times more surface area with a gram of Blue Nano’s silver wires, he says. That allows more efficient chemical reactions and lets the manufacturer use less material.

Blue Nano’s CAT-110 fuel cell catalyst begins with a thin, sponge-like membrane made out of gold. Platinum is then evenly coated across the top of the sponge at a thickness of only one nanometer. “Below that, you’re at the atomic level,” Himebaugh notes.

“Our stuff is good, durable, and less expensive,” he adds. Among other things, it increases fuel cell power density and far exceeds the Department of Energy’s performance standards for 2015. “Fuel cells are going to be powering quite a few things, from laptops to vehicles,” says Himebaugh, “and we can bring that much closer to happening, much quicker than people thought.”

The 15-employee company is self-funded. It sells its materials to original equipment manufacturers. It is one of 60 innovative companies presenting at the upcoming Southeast Venture Conference in Tysons Corner, VA, Feb. 24-25 (see: www.seventure.org).

Online: www.bluenanoinc.com