Icelandic firm Nanom (previously Greenvolt) has raised $3 million in seed funding in their goal to apply nanotechnology to existing nickel-iron and lithium-ion batteries. In doing so, the company claims to add 9x the energy density, recharging rates and lifecycle capabilities to the century old tech Contact online >>
Icelandic firm Nanom (previously Greenvolt) has raised $3 million in seed funding in their goal to apply nanotechnology to existing nickel-iron and lithium-ion batteries. In doing so, the company claims to add 9x the energy density, recharging rates and lifecycle capabilities to the century old technology.
The process is said to happen all without any massive disruption to the battery making process, "Just mix these nanoparticles into the battery chemical slurry and voilà. The results are even more dramatic in modern Lithium-Ion batteries - and just as easy-to-implement."
The funding arrives via an EU Green Deal funding, Iceland Venture Studio, and Village Global, whose network includes Bill Gates, Mark Zuckerberg, Jeff Bezos, and Reid Hoffman.
Looking beyond just battery technology, Nanom is reporting that their tech will enable any structure of surface to become an energy storage device. In the prototyping phase, Nanom created an electric boat where the hull of the structure became the power source. To put that into perspective, 15 metres of this construction would hold the same amount of juice of 5 Teslas.
"We are beyond excited to announce Nanom as a company and to emerge from stealth with such exceptional investors who have seen the unmatched potential of our technology to transform the world in such a profound way," said Armann Kojic, CEO of Nanom. "Imagine a wall in your house becoming a giant, safe battery that takes you off the grid. We can enable all of that today and in a way that is green for the planet and better than the current-generation of batteries on the market."
Would you like to write the first comment?
Chime in with article commenting.
There has been a lot of talk about batteries being an integral part of an electric vehicle''s structure, but a company called Nanom (previously known as Greenvolt), founded and based in Iceland, is proposing an idea that is far more advanced. It wants to integrate batteries into the body/chassis of vehicles, similarly to what it did with its 2019 electric boat, the Magnea, that had 500 kWh-worth of capacity built into its hull.
The principle behind this idea is not new - it''s actually an evolution of the nickel-iron battery shown by Thomas Edison way back in 1901.
What Nanom did was to swap out the big nickel and iron electrodes inside the battery with nanoparticles of the same two metals. The company expects its batteries to last for as many as 50,000 charge-discharge cycles, far more than any current lithium-ion battery tech allows - it is targeting a ninefold durability increase over today''s batteries.
Intrigued? Well, you should be, because while this is still in the idea stage, Nanom does already have the technology to make it work. The tech itself is, as you might have guessed by the company''s name, reliant on nanotechnology. According to Engadget, with the use of Nanom''s new batteries built into the body of the car, it would be possible to reduce the weight and improve efficiency of today''s EVs.
Now all this sounds a bit too good to be true - if this technology was as good as they say, why hasn''t Nanom been bought for billions by an established automotive player or why isn''t it already supplying its tech to the automotive industry.
Discover deals on EVs here.
One of the main drivers of the energy transition is decarbonization through electrification. Since batteries play a key role in electrification, they have become essential to the global energy transition. They are now ubiquitous, powering everything from mobile phones to electric vehicles (EVs) and storing renewable energy in order to balance the grid. But how does a battery work and what are the technological developments in the battery sector?
A brief history of battery technology
Breakthroughs in lithium ion batteries
Due to its chemical properties, such as its low density, high electrochemical potential, and decent energy to weight ratio, lithium4 was thought to be a good battery material. The road to lithium batteries was paved early last century, with Gilbert Newton Lewis experimenting with the metal in 1912. But it was not until the 1980s that real technological breakthroughs in lithium ion batteries were reached. The lithium battery as we know it today was born in 1979, and in 2019 Stanley Whittingham, John Goodenough, and Akira Yoshino won the Nobel Prize in Chemistry for their contributions to the development of the fast charging, high energy density, lightweight lithium ion (or Li ion) battery.5
Energy density characteristics: volume versus weight
How does a lithium-ion battery work?
Components of Li-ion battery: cathode, anode, electrolyte separator
The choice of materials in lithium ion batteries matters
The cathode and anode are the most important components of a lithium ion battery, which determine properties such as the battery''s voltage (electric potential, measured in volts), power density (how quickly a device can charge and discharge, watts6 per kg or W/kg), energy density (how much energy is stored in the battery, watt-hours/kg or Wh/kg) and safety characteristics.
About Lithium-ion battery technology iceland
As the photovoltaic (PV) industry continues to evolve, advancements in Lithium-ion battery technology iceland have become critical to optimizing the utilization of renewable energy sources. From innovative battery technologies to intelligent energy management systems, these solutions are transforming the way we store and distribute solar-generated electricity.
When you're looking for the latest and most efficient Lithium-ion battery technology iceland for your PV project, our website offers a comprehensive selection of cutting-edge products designed to meet your specific requirements. Whether you're a renewable energy developer, utility company, or commercial enterprise looking to reduce your carbon footprint, we have the solutions to help you harness the full potential of solar energy.
By interacting with our online customer service, you'll gain a deep understanding of the various Lithium-ion battery technology iceland featured in our extensive catalog, such as high-efficiency storage batteries and intelligent energy management systems, and how they work together to provide a stable and reliable power supply for your PV projects.
