Fuel-Cell Power Based Battery Solutions Growth Propelled Via Federally Approved Grants Targeting Research And Development of Batteries with Microchip Technology
The renewable energy sector continues to rapidly evolve as companies identify the vast benefits of alternative methods such as fuel-cell battery power solutions. Leaders across various industries continue to make the switch to alternative power solutions as lithium batteries advancements with innovative technology gain momentum behind increased research funded by federally backed grants. Battery and microchip market movers to watch for activity of late are Neah Power Systems, Inc. (OTC Pink: NPWZ), Plug Power Inc. (NASDAQ: PLUG), Ballard Power Systems (NASDAQ: BLDP), Energizer Holdings, Inc. (NYSE: ENR) and Advanced Micro Devices, Inc. (NASDAQ: AMD)
Neah Power Systems, Inc. (OTC: NPWZ) an emerging leader in high density rechargeable lithium metal battery storage solutions for defense, commercial, and consumer applications, is pleased to announce that it won a grant from the U.S. Department of Energy through the Small Business Vouchers Pilot Program. http://energy.gov/technologytransitions/articles/energy-department-awards-43-new-business-laboratory-collaborations
The NEAH PowerChip® Battery is the first battery to be made with high volume capable microchip manufacturing technology in semiconductor facilities (foundries) throughout the world. NEAH and numerous electrochemical engineers worldwide envision this new NEAH Battery architecture as transformative as it will change the way batteries are made, used and perform. The proprietary architecture of the PowerChip® Battery brings batteries into the microchip era, using the same manufacturing technologies that made television sets, cell phones, laptops and a variety of devices more compact with superior performance at lower cost. While initially targeted for consumer oriented applications, the battery technology could be used for automotive and defense applications as well.
Dr. Chris D’Couto, President & CEO of NEAH said, “We look forward to working closely with Argonne National Laboratory, which is uniquely qualified to characterize the performance metrics associated with our unique battery architecture. This unique 3D architecture using lithium metal anodes enables more than five times the performance of batteries in production today. We at NEAH believe that the characterization of the battery by Argonne National Laboratory will further enhance the performance and manufacturability of the battery. It will also help us understand the most critical electrochemical reactions. This DOE/Argonne relationship will provide advanced technology learnings, leapfrogging what would be possible in a privately held laboratory.
