Fully printed energy-storage device gets USD1 million of additional funding
Ultracapacitors are energy-storage devices that give off short bursts of energy. In one application, these devices are used by computer manufacturers to provide emergency power to allow equipment to finish processing and save critical data changes in the event of a power outage or other problem, potentially eliminating the need for energy-inefficient lead acid battery UPS systems. The technology also has a variety of clean energy applications, including hybrid electric cars (for rapid acceleration and regenerative braking), flexible solar panels, and other products that require high power and long charge/discharge cycle lives.
"Ultracapacitors serve a vital role in the clean-energy economy, and Paper Battery’s product design make it unique in this growing market," said Francis J. Murray Jr., President and CEO of NYSERDA.
Paper Battery, a three-year-old company located at the Russell Sage College INVEST Incubator, has designed an ultracapacitor thinner than any product currently in production today. The company’s innovation is a novel architecture and production process for supercapacitor technology, extensible to battery technology as well. The firm’s first product line is called the PowerPatch, which is a patternable device, scalable in voltage, energy and power in a single package. The device uses a cellulose-based material to contain and separate the various components, and its thinness and flexibility allows it to fit around the confines of tightly-packed electronic equipment. Paper Battery’s design captures 30 percent more energy than other ultracapacitors, according to Shreefal.
Mehta, the company’s President and CEO believes the batteries are safer for the environment because it uses less metals than energy storage devices currently being manufactured. The company will be able to retool print stations and build a pilot line in order to meet customer requests for samples. This funding will allow the company to position itself for scaling to commercial production planned for 2013.
Visit the Paper Battery Company at www.paperbatteryco.com
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