Dubai-primarily based fully mostly supercap energy storage producer Enercap Holdings and Abu Dhabi-primarily based fully mostly Apex Funding, a number one various investment maintaining firm, possess fashioned a joint endeavor to provide 16GWh per yr manufacturing skill of supercap energy storage, a reducing-edge skills with components that surpass the generally frequent lithium-ion skills.
The joint endeavor is put to fulfill exponential boost in ask, which has been stimulated in the present day by the onset of energy storage being frequent with renewable energy, to steadiness the grid, electric vehicle manufacturing and vitality administration optimisation and backup requirements for industries comparable to records centres. It’d be a truly great supercap energy storage manufacturing skill on this planet and one of a truly great energy storage or battery manufacturing facilities.
As phase of this collaboration, Enercap Energy Holding Cramped, the joint endeavor, will place a fully automatic 10GWh/yr manufacturing facility in Mussafah Industrial Zone, Abu Dhabi. Moreover, Enercap Energy Holding Cramped has agreed to effect an existing manufacturing facility in Dubai Industrial Metropolis (DIC), which will most seemingly be upgraded to 6GWh/yr skill. Enercap has a latest global ask of over 30GWH of broad-scale battery energy storage systems (BESS). Apex Energy Holding Cramped will steal 65 per cent and Enercap SPV Cramped 35 per cent of the portion capital in the joint endeavor.
Indigenous skills
Energy storage is a serious component of the energy transition, with electrification and decarbonisation requiring efficiency that’s extra and extra beyond the scope of chemical batteries. Supercap energy storage, developed by Enercap in the UAE, meets these stressful requirements – long existence, no skill degradation, safe, environmentally sustainable and recyclable, and with abundant availability of raw provides. Enercap’s storage’s non-degrading attribute allows it to bring consistent and predictable skill over its 25-yr existence cycle, which is very major for the bankability that the market values when making energy storage investments.
“Real, predictable and long-existence efficiency from energy storage is very major to effectively scale its deployment with renewable generation to change fossil gasoline-primarily based fully mostly electricity generation,” acknowledged Value Blackwell, CEO of Apex. “Outmoded batteries map now no longer bring the reliability or longevity to procedure the investments required to result in important enchancment in renewable plus storage set up and transition to electrification.
“Supercap energy storage, developed by Enercap in the UAE, provides the jump in storage skills that’s major to skedaddle up the adoption of renewables, electric transportation and decarbonisation when it’s miles wanted the most. The advantages of supercap storage are using ask and we’re infected to toughen Enercap Holdings and their vision to provide skill to enable decarbonisation, electrification and the shift to supercap-primarily based fully mostly energy storage.”
Better efficiency
Enercap skills is proven to possess a critical increased efficiency than lithium ion efficiency, let’s assume its excessive-energy density (2.5xlithium-ion) and vitality density (5xlithium-ion). It has a truly excessive cycle existence of up to 500,000 cycles vs 5,000 for lithium-ion batteries. It operates safely at a wider vary of operating temperatures from -30 levels Celsius to +70 levels Celsius without a possibility of thermal runaway as a result of the elimination of any chemical reactions. The supercapacitor has 99 per cent round-day commute efficiency vs. 85 per cent for lithium-ion batteries and its manufacturing facilities are 5-10x extra capital atmosphere pleasant when put next with most sharp-in-class lithium-ion facilities.
“We’re pleased with the joint endeavor with Apex, which will skedaddle up our boost all the diagram in which thru the realm and map greater our product portfolio to bring solutions in every utility where storage is deployed,” acknowledged Waseem Ashraf Qureshi, CEO of Enercap Holdings and the inventor of the skills. “We bear that this is the manner forward for energy storage.
“From rechargeable AA cells to cell cell phone storage to EV charging stations to utility grade storage, now we possess spent the previous 5 years constructing the most developed energy storage solutions on this planet — and now that market is ready to steal off.”
Supercap energy storage delivers storage solutions which would perhaps perhaps be long-lasting, degradation-free, hasty-charging, safe, fully recyclable and price-effective.
“Enercap’s proprietary and disruptive skills will play a important characteristic to skedaddle up global decarbonisation ambition, with its skills serving the energy storage, electric vehicle and user markets,” acknowledged Blackwell.
The human capital and infrastructure on hand in the UAE is unmatched in the put and provides the inspiration for the power boost of modern technologies and products. Coupled with a kind out renewable energy and efficiency, the atmosphere is conducive for innovators and inventors to provide solutions to the realm’s advanced energy complications, on a par with global innovation hubs in the US, Europe and Asia.
