Sunvault Energy Inc.

Sunvault Energy Inc.

May 06, 2015 10:03 ET

Sunvault Energy and Edison Power Company Create Massive 10,000 Farad Graphene Supercapacitor

EDMONTON, ALBERTA--(Marketwired - May 6, 2015) - SUNVAULT ENERGY INC. ("Sunvault") ("the Company") (OTCQB:SVLT) is pleased to announce that in conjunction with the Edison Power Company ("Edison") that it has successfully created the world's largest 10,000 Farad Graphene Supercapacitor. This development is the most significant major breakthrough in the development of Graphene Supercapacitors to date. The development is a combined effort between Sunvault Energy and the Edison Power Company.

At 10,000 Farads, there is no other graphene supercapacitor built to this size in the world. The Company is continuing to evaluate what level of building block it will launch its initial product lines from, as that will determine the various configuration designs to launch in its initial product lines.

"This technology is more accurately defined as a hybrid bringing the power density associated to a battery together with the high impact fast charging known to capacitors" stated Gary Monaghan, CEO of Sunvault. "At 10,000 Farads, a Graphene Supercapacitor / Battery is powerful enough to power up a Semi Truck while being the size of a paperback novel at this point" "We continue to advance daily on our product development and we expect large gains in shrinking the size of the unit over the next few weeks", he continued.

The relevance of the size and power supplied with these graphene storage units are that they can be connected together like storage building blocks to form a larger form of electrical storage for many markets. The higher the Farad combined with the smallest sized unit allows an optimum building block approach. The building block approach allows for sizing to any existing battery driven product that exists on the market today and also new product development as an internal component. Some initial markets of concentration for Sunvault Energy in conjunction with the Edison Power Company are the smart phone market, the electric car market, electric grid stabilization and the recently popularized concept of a home off the Grid with Solar and a proven storage component made front of mind to potential investor's recently through information releases by Tesla.

In a recent past release by Sunvault, the company CEO spoke of the pricing as it relates to the home off the grid strategy with the following quote from CEO, Gary Monaghan: "Currently the cost to manufacture a lithium battery is about $500 (USD) per/ kWh. Tesla recently announced a Super Factory to be built in Nevada, with a promise to get the price of lithium batteries down to $150 USD per kWh by 2020, our current cost estimated for this type of graphene base supercapacitor is about $100 per kWh today and we feel confident we should be able to cut this pricing in half by the end of 2015"

The Sunvault / Edison Graphene Supercapacitor is completely safe to use, it will not catch fire, does not require safety equipment that can fail and poses no risk to the environment; because it is carbon based, it could be put in your garden to help grow vegetables. The same cannot be said for Lithium Batteries, which on the Government's Transport Canada Website are listed as dangerous goods. (Transport Canada Website) Some of the examples on the website include:

  • Computer batteries have heated up and caused fires on cargo and passenger planes.

  • A charging lithium ion battery exploded on a mini-submarine designed to carry U.S. Navy SEALs to shore.

  • A passenger's camera batteries began smoking at the boarding gate.

  • Two large battery packs in a checked baggage began smouldering. The bag burst into flames when an airline agent picked it up.

  • During a flight, crew found a flashlight's counterfeit lithium metal battery overheating and giving off a strong odour. The damaged battery burned the inside of the flashlight.

"Graphene based Supercapacitors are carbon based, and form no toxicity threat to the environment, unlike the lithium battery and our opinion is that no one should be putting several thousand pounds of these Lithium cells in close proximity to the house or on their walls " stated Gary Monaghan. There is an ample supply of graphite to make graphene or if you do not choose graphite there are other carbon based elements to make graphene, while Lithium supplies are finite" he continued.

In simple terms - A smart phone that will be charged in under a minute and electric cars that can be powered by the graphene pseudo/supercapacitor that can fast charge more rapidly than any battery and effectively last a life time, will significantly change the landscape of the future. In every decade there is some breakthrough technology that will significantly impact the world and its future, Sunvault believes for "this decade that breakthrough is graphene and all of its potential uses".

The Company expects within this current month it will have solved its building block configuration design base unit and will move into the phase for product approval and manufacturing immediately following.

About Sunvault Energy Inc.

Sunvault Energy Inc. is committed to bringing cost effective energy generation and energy storage to the solar industry through a seamless and novel integration of energy generation and storage. This technical approach is a first and has the potential to enable the lowest overall system cost at maximum efficiency. SunVault has further diversified by acquiring companies or assets that are immediately accretive and that will facilitate into the owning of quality non-cyclical assets.

For more information, visit the Sunvault Energy website at and/or

Notice Regarding Forward-Looking Statements:

This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this news release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, that working with Universities will expedite Sunvault technology into real world applications, the ability to reduce the required footprint and cost associated to traditional solar energy generation, collection and storage, or that the technology has the potential to revolutionize how solar energy is generated, stored and utilized.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, general economic conditions, our ability to achieve the expected benefits from the development agreement. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

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