VANCOUVER, BC--(Marketwired - Feb 7, 2014) - Green Hygienics Holdings Inc. (OTCQB: GRYN) is pleased to announce it has signed a Definitive Agreement for the commercialization of a Patented Hybrid Vanadium Redox Flow Battery (HVRFB) or "BIONBATTERY" with Aartha USA Inc. There is tremendous opportunity in offering an economical electricity storage solution, in particular for Wind and Solar with mass-storage battery solutions. The factors regarding the new technology from a technical, commercialization and business point of view that give it a leading edge in the industry are:
Lower Costs - The US DOE studies have estimated broad commercialization and adoption of mass-storage of electricity in the USA would require a cost-threshold of $750/KWh. Energy storage solutions in this class are estimated to be at approximately $1750/KWh. The HVRFB technology provides a solution with a cost well below this threshold.
Higher Ambient Temperature Operations - The HVRFB will operate with a broader ambient temperature range (-10C to 65C). This will potentially eliminate the need for special heat management system requirements in all but the most extreme operational environments, which will again reduce overall costs.
Better Safety Profile - The combination of less corrosive materials, readily available and less costly stack materials and wider range of operating temperatures will allow use of the batteries in higher ambient temperature conditions and will combine to provide a significantly safer operational profile for the HVRFB.
About: Aartha USA Inc.
Aartha USA Inc. is the licence holder from a US DOE laboratory to develop and manufacture a more technologically advanced and cost competitive Electrochemical Flow Battery for North America and markets around the world. The company is in the process of advancing technology platforms between North America and India as it has close ties with major industrial and commercial entities within India. Aartha USA Inc. strives to incorporate a global vision, and connect people, resources, and ideas from around the world, to provide a platform for partnerships to flourish and to create innovation that leads participants down a rewarding path.
About: Green Hygienics Holdings Inc.
Green Hygienics is the science of preserving and promoting the health of individuals, communities and the planet. The Company is focused on developing assets, creating Intellectual Property and investing in or acquiring companies that supply alternate clean energy sources. The alternatives to sectors that currently use power supplied by hydrocarbons (diesel gensets for example), are clean energy sources that include wind, solar and biomass. Green Hygienics Holdings Inc. is registered in the state of Nevada, USA and is an audited, fully reporting company in both the Canada and the USA.