TEXEL indicators Agreement with Curtin University to Establish Next-Gen Battery

• Sustained by the Australian Department of Industry, Science, Energy and Resources, Curtin University has established a new battery innovation, not just to lower the expense of energy storage, however additionally to make sure the technolgy to become more sustainable and also eco-friendly. The innovation does not consist of any type of rare earth elements and also does not consume any of our planet's resources.

The Swedish beginning battery modern technology advancement company, TEXEL Energy Storage ABDOMINAL (TEXEL), and also Curtin University in Perth, has actually now authorized an agreemnt to develop the new thermochemical power storage/ battery technolgy, with concentrate on commercialisation.

The power storage space market is just one of the fastest growing, as well as a low cost storage space technology, in mix with renewable energy like wind and solar, is the essential to turn away from fossile fuels and also to develop a sustainable and lasting future.

"The cooperation with Curtin University adds important knowledge and intellectual property to our existing energy storage space advancement program, and will substantially decrease the time of our commercialisation and industrialisation procedure." stated Lars Jacobsson, CEO of TEXEL Energy Storage.

The Curtin University and also TEXEL partnership started in 2018 and also was formalised in late 2019, when Curtin was awarded a Global Innovation Linkage (GIL) grant.

"This new innovation supplies us with an extra cost-efficient as well as effective method to keep energy as warmth to create electrical power, without being greatly dependent on normal battery products such as lithium as well as cobalt. We are delighted to enter this new phase of our collaboration with TEXEL as well as expect functioning carefully with their group on the commercialisation of the this modern technology," said Professor Craig Buckley from Curtin's School of Electrical Engineering, Computing and also Mathematical Sciences.