Sunvault Energy, developers
of a chip which charges off ambient light and stores the energy for up to 96
hours thereafter, reported some great news today out of recently 50%-acquired
(March 3) environmental solutions developer, CleanGen, Inc., as CleanGen’s
100%-owned 1098541 Alberta Ltd. subsidiary has bought up the land package at
Ponoka where their tire processing subsidiary, Cutting Edge, is located.
CleanGen is focused on
putting together a synergistic group of companies and operators that can
develop advanced green and clean tech solutions, while working hand-in-glove
with the Aboriginal peoples, communities, and organizations in Alberta. This
land purchase solidifies CleanGen’s footing in Alberta’s Ponoka County, as well
as their overall economics given the multiple operating entities they have like
CuttingEdge, which has been operating on the Ponoka package under lease
agreement during the past eight years. In addition to CuttingEdge Tire
Recycling, CleanGen also has their CleanGen Power Corp., CleanGen Aboriginal HR
Services, and Coole Immersive units to think about and this land purchase will
open the door for improved logistics all around.
The purchase effectively
increases CleanGen’s acreage in Ponoka by 150%, up to 30 acres from just 12,
not only allowing for logistics-improving developments like the next stages of
the Cutting Edge Tire Recycling plant, but other developments that had been
restricted due to the leasing situation. Starting to really feel like home now
for the company and the County of Ponoka also seems to have warmed up to them
even more now, settling into a sense of long-term stability and the emergence
of an industrial park here, something that dovetails exceptionally well with
their own longer-term aspirations for the County.
CleanGen’s Cutting Edge unit
can handle sizes ranging from the giant tires used in mining vehicles
(5980R63), on down to passenger and light truck sizes, also working directly
with the Alberta Recycling Management Authority to collect and process tires generated
in Alberta for free, creating massive feedstock for recycled rubber
applications. Alongside their CleanGen Power unit, which focuses on waste to
energy conversion using wood gasification and a unique a briquette peat moss
generation technology, CleanGen has an engineered wood fibre product unit
called EcoRoads, which has developed a substantial frost-resistant surfacing
solution for extending the life of seasonal roads or rapidly prepping staging
areas.
A Roadmap Evaluation Review
of SVLT’s technology by Nicola Ferralis, PhD and Jeffrey C. Grossman, PhD, at
the department of Materials Science and Engineering at MIT, highlighted the
unique benefits of SVLT’s approach, which integrates generation and storage
seamlessly down to a molecular level as a standardized and self-contained
system. Whether it ultimately finds major success as a building block of more
complex systems, or standalone as a power supply for mobiles and other small
electronics (likely both), it matters not, SVLT has assembled two core technologies
here which are required to achieve the long sought after goal of total
integration of generation and storage according to MIT’s report. Light capture
and 3D photovoltaics fused in one allows for generation of energy at scale as
high as 30 times that of conventional on a per unit of footprint basis, while
also drastically simplifying the overall hardware system, meaning it is
possible to create extremely robust systems that will last and require much
less maintenance.
Get a closer look at Sunvault
Energy, Inc. by heading to www.SunvaultEnergy.com
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Sign up for “The Mission Report” at www.MissionIR.com