“Techniqon is strategic investor of OCALI Inc., which develops Next- Generation Ni-zn batteries.Next-Generation Ni-Zn Battery provides an optimized solution to the critical parameters of rechargeable batteries which are not achieved with current batteries.”
Energy storage is more important to human life today than it has ever been. We consume vastly more energy now than ever before in our history. To feed this ever-growing energy demand, we have tapped into almost every way of fueling our society. When the source of energy generation is from a carbon-generating, non-renewable source, that comes at a financial and environmental cost. The challenges are clear, but the benefits to our entire future are becoming clearer still.
Today, we’re going through a revolution. Just as electric light became competitive with gas light more than a century ago, renewable energy and electric cars are becoming competitive with technologies based on fossil fuels. However, for the new technologies to become truly transformative, we need to develop a new generation of batteries to power them.
Critical parameters of rechargeable batteries are;
Energy Density,
Price,
Life Cycle,
Weight/Volume
Safety,
Charging time
Environmental Impact.
There is no single battery that can address these parameters optimally. For example the cost of a Li-on battery in an Electric Car with a driving range of 120-130 Km is $5K. For EV cars with a range of 400 Km the battery cost can go up to $20K which constitute almost %30 of consumer price. Therefore, batteries are the biggest hindrance to growth of Electric Vehicle Market.
Next-Generation Ni-Zn Battery provides an optimized solution to the critical parameters of rechargeable batteries which are not achieved with current batteries.