Grant: Applied Research and Development Grants - Level 1

Electrical energy storage in batteries largely consisted of a large number of lead acid or nickel cadmium and nickel metal hydride batteries. These batteries suffer from shortcomings as they may contain toxic materials such as cadmium and have low energy densities. Lithium-ion (Li-ion) batteries have become the candidate of choice in many areas. However, they suffer from safety issues and cost overruns, making them unattractive for large-scale energy storage applications. Synthion Energy Inc., a Canadian energy company, is working to bring to market a cost-effective, high energy density, safe, and reliable energy storage solution. Synthion Energy is a young high tech energy storage company that is focused on bringing to market an energy storage device that will be 100% environmentally safe, inexpensive to produce, and out performs current lithium ion technology. Synthion has patented a nano-engineered battery, which can be fully rechargeable, for use in different sectors of the economy, including transportation, aviation and consumer electronics and intends to exploit the technology by commercializing its use for grid storage, mini grid storage, cars, trains, planes, boats, other, electronic devices. The goal of this project is to develop a usable prototype that will perform all functionality of a storage battery for small home electronics. The prototype will lead to production models for deployment in the small-scale battery market with further research looking into large-scale grid storage applications.