Energy storage technologies are vital for smart grids, electric vehicles and consumer electronics. Our team has expertise in the area of energy storage materials such as materials for Li-ion and Na-ion batteries. For large scale energy storage, our team has developed a technology on Redox Flow Li-ion Battery which is suitable for large scale, high performance grid storage. We have also developed Sodium-ion battery technology (see below for a brief description of the technical features). Besides the above examples, our expertises lies in the following areas:
Sodium-ion battery technologies are ideal candidates to be deployed in large-scale energy storage applications due to their electrochemical properties, stability and low-cost. By employing a soft template synthesis approach, the intercalation/de-intercalation of the sodium ions and other properties in this material has been enhanced. For example, mesoporous Na3V2(PO4)3/C synthesized using this method demonstrates enhanced sodium storage capability over a very long cycle life (30,000 cycles), even at very high current rates (40 deg C).
The rapidly growing market for traction batteries for electric vehicles has been forecasted to exceed $55Bn (2012-2022). In vehicles, the largest use of battery is in the forklifts and e-bike sectors followed by mobility aids for the disabled or aged. However, there is an increasing demand from the hybrid cars sector. (Source: Marketresearchreports)
According to Lux Research, the global market for grid-scale storage is worth $114 billion (2017). The most popular primary applications for battery in stationary storage applications is for load levelling and peak shifting.