A pioneering battery and energy storage firm is poised to lead the world in developing a commercial use for a ground-breaking new battery technology.
AceOn – described as ‘the Telford company taking on Tesla’ – has been awarded a £1 million grant from Innovate UK to accelerate development work on its mobile solar energy storage unit.
The newly-designed product will use Sheffield-based Faradion’s sodium-ion batteries – the first time its technology is in commercial use in sub-Saharan Africa.
Sodium-ion battery technology uses low-cost materials that are sustainable and widely available.
AceOn – one of the country’s leading solar energy and storage specialists – will be working in partnership with the University of Wolverhampton, DZP Technologies, a specialist battery materials development company, and Nigeria-based energy and power company Nevadic Limited to deliver the innovative Government-backed project.
AceOn Group managing director Mark Thompson said the new solar energy storage unit could bring clean, sustainable and affordable power to millions of people around the globe – and that the Telford company was leading the world in adopting the next-generation sodium-ion technology.
“Sodium-ion represents a real step change in technology and we really are leading the way in finding one of the first commercial applications for it in Africa.
“Our mobile storage unit will play a massive part in bringing clean, affordable and sustainable power to some of the world’s poorest regions – and develop new technology that will help fight climate change all over the world.
“It is fantastic that the Government, through Innovate UK, sees the huge potential of this technology and have placed their confidence and funding in us here at AceOn to deliver it successfully.
“We want to create new green-tech jobs here in the UK as we establish this country, and AceOn, as a global leader in this field.
“The funding is to develop this technology to integrate with solar energy generation to provide affordable, safe power for use initially in Nigeria. But our plan is to roll this out to a truly global market to answer the urgent need for clean, sustainable energy.”
The project will start in October and run for two years.
The company’s bid was just one of five from 126 submissions to be granted funding by Innovate UK, the nation’s innovation agency.
Alice Goodbrook, innovation lead, energy at Innovate UK, said: “All over the world, Innovate UK-supported companies are improving lives of people in developing countries. By backing transformative ideas such as AceOn’s, Innovate UK is making Global Britain a reality by supporting projects oversees and enterprise in the UK.”
Source: Shropshire Star