Sunvault Energy Profile
Sunvault Energy, Inc. provides renewables integration into energy production, energy delivery, and energy consumption, as well as transport services.
The company views the global energy dilemma as a system problem, involving all aspects of the way electricity is produced, consumed and managed. Three platform technologies underpin Sunvault Energy Storage Device and PolyCell batteries for energy storage, All-in-One, a new energy generation/storage chemistry, and a vertical solar appliance.
PolyCell is a fundamentally new, proprietary, patent pending method for assembling a multi-celled battery. The PolyCell technical mindset is built upon technology in production operating at TRL level 9 but slated for mobile applications, such as electric vehicles, scooters, etc. These products are intended for small scale storage, approximately 5kWh per unit.
All-in-One is primarily a photovoltaic (PV), electrochemical cell invented for the purposes of generating and storing energy at the molecular level.
PolyCell and All-In-One chemistry enable the company’s ultimate vision of a three-dimensional solar appliance. The company's platform technology consists of four patents-pending applications that are anticipated to be combined with rights to other patented and patent pending technologies. It has invented various new technology platforms, which include a separator, a non-toxic electrolyte and an energy storage device, which is at the lithium ion level of performance.
Products
The product markets the company is focusing include the electric car market, the smart phone market, and grid stabilization.
The company also provides various support activities, such as procurement that includes purchasing raw material, supplies, and fixed assets; technological development that includes process design, product design and research and development; human resources, including recruiting, hiring, training, developing and compensating all personnel; and infrastructure that includes general management, finance, accounting and IT.
Market, Customers and Distribution Methods
On the energy storage device the company’s market opportunities would be in various market areas that include grid stabilization, the electric car, smart phone, and solar.
Target Segments
The company's target segments are renewable developers and owners, transmission and distribution providers, ancillary service providers, end users, and homeland security and defense. The company's market opportunities would be in various areas, such as military, industrial, commercial, residential, and electronic device.
Business Strategy
The key elements of the company's strategy are to align with two leading technical universities to develop the vertical solar appliance and all-in-one platforms, set up manufacturing once it has completed verification and certification with CSA and ULC plus additional regulatory authorities in Asia and Europe, and align with a for-profit global energy brand that brings manufacturing, distribution and a complimentary energy product portfolio and generate revenue via a royalty licensing model.
Intellectual Property
The company has filed four pending patent applications and would require licensing agreements with third parties upon which to further develop their technologies to facilitate and execute its business plan.
Government Regulations
The company’s subsidiaries-Cutting Edge Tire Recycling Limited Partnership deal with Alberta Environment, Alberta Labour Standards, Workman Compensation Board, Occupational Health & Safety Act, Fire Marshall Standards, County of Ponoka bylaws, Alberta Recycling Management Authority, AB Transport, Aboriginal Affairs & Northern Development Canada, and Parkland County bylaws.