Novacium's GEN3 silicon-anode batteries outperform graphite benchmark batteries with high efficiency and capacity.
From GlobeNewswire: 2025-02-05 07:39:00
HPQ Silicon Inc. provides an update on exceptional battery results with GEN3 silicon-anode material batteries outperforming leading commercial 18650 battery cells. The batteries achieve high Coulombic Efficiency of 99.88% and deliver a 31% cumulative energy gain over graphite benchmark batteries at 900 cycles. Novacium’s GEN3 batteries maintain over 80% capacity after 900 cycles and show great potential for next-generation lithium-ion batteries.
Graphs illustrate the superior performance of GEN3 silicon-anode material compared to high-grade artificial graphite benchmark batteries. GEN3 batteries demonstrate an average capacity of about 3,200 mAh at 900 cycles, exceeding the graphite benchmark by 21%. These results highlight GEN3’s stable degradation profile and significant performance advantage over leading commercial 18650 battery cells.
HPQ-Novacium’s silicon-based material can replace more than 10% of graphite in Li-ion batteries without costly retooling. The global graphite market is projected to grow significantly, offering an addressable market of 450,000 to 675,000 tonnes for HPQ’s material by 2030. HPQ’s strategy focuses on producing materials for the 3C markets, with future expansion into energy storage and electric vehicles.
The next milestone for HPQ is to establish a pilot plant for manufacturing silicon-based materials, paving the way for further advancements in battery technology. The company’s focus remains on delivering materials with exceptional performance, low operating costs, and minimal carbon footprints for the growing battery and energy storage markets. CEO Bernard Tourillon emphasizes the potential growth and market opportunities for HPQ’s innovative materials. Novacium, an HPQ-affiliated company, focuses on renewable energy technology. It partners with leading researchers and aims to develop high-value technology. HPQ Silicon, Novacium’s affiliate, works on projects like producing silicon-based anode materials for batteries and transforming aluminum dross into resources. The company also aims to become a low-cost producer of high-purity silicon.
HPQ Silicon is working on various projects such as producing Fumed Silica, developing silicon-based anode materials for batteries, and creating an autonomous hydrogen production system. The company also aims to transform black aluminum dross into a valuable resource and become a low-cost producer of high-purity silicon. HPQ Silicon is focused on green, low-cost manufacturing and renewable energy projects.
The press release contains forward-looking statements about the company’s expectations and assumptions. These statements are subject to risks and uncertainties that could affect actual results. Readers are advised to not rely solely on these statements. The company is committed to providing updates and revisions as needed. The TSX Venture Exchange and its Regulation Services Provider do not take responsibility for the accuracy of the release.
For more information on HPQ Silicon, please visit their website. Investors and shareholders can also participate in discussions on the company’s CEO Verified Discussion Forum. For further inquiries, contact Bernard J. Tourillon, President and CEO, or Patrick Levasseur, Director, via the provided contact information.
Read more at GlobeNewswire: Novacium’s Silicon-Anode Batteries Achieve 900+ Cycle