Sweden's Texel Energy Storage in next-gen battery tech project with Australian university
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Image: Texel Energy Storage
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Sweden-headquartered battery tech company Texel Energy Storage is to develop next generation battery storage technology in a project with Western Australia’s Curtin University.
The partners have signed a memorandum of understanding targeted at the commercialisation of unspecified "new battery technology” developed by the Perth-based university.
Details of the technology were not disclosed, but Professor Craig Buckley, of Curtin’s School of Electrical Engineering, Computing and Mathematical Sciences, said: "This new technology provides us with a more cost-effective and efficient way to store energy as heat to produce electrical energy, without being heavily reliant on typical battery materials such as lithium and cobalt.”
Curtin said its work to date, supported by the Australian Department of Industry, Science, Energy and Resources, has developed technology "not only to bring down the cost of energy storage, but also to ensure the technology becomes more sustainable and environmentally friendly”.
'Important knowledge'
Texel CEO Lars Jacobsson said: "The collaboration with Curtin University adds important knowledge and intellectual property to our existing energy storage development programme and will dramatically decrease the time of our commercialisation and industrialisation process.”
Texel, which has its headquarters in Gothenburg, has subsidiaries in the UK and in Palo Alto, California.
The Swedish company has developed battery technology "based on energy storage with a thermochemical solution” in collaboration with the US Department of Energy, the Savannah River National Laboratory and the Australian government. The Swedish government joined support for Texel’s R&D; earlier this year.
Texel said its technology "is significantly more cost-effective than existing lithium-ion batteries, has no cyclic degradation, does not include any rare-earth minerals, is 100% recyclable and has very high energy density”.
The partners have signed a memorandum of understanding targeted at the commercialisation of unspecified "new battery technology” developed by the Perth-based university.
Details of the technology were not disclosed, but Professor Craig Buckley, of Curtin’s School of Electrical Engineering, Computing and Mathematical Sciences, said: "This new technology provides us with a more cost-effective and efficient way to store energy as heat to produce electrical energy, without being heavily reliant on typical battery materials such as lithium and cobalt.”
Curtin said its work to date, supported by the Australian Department of Industry, Science, Energy and Resources, has developed technology "not only to bring down the cost of energy storage, but also to ensure the technology becomes more sustainable and environmentally friendly”.
'Important knowledge'
Texel CEO Lars Jacobsson said: "The collaboration with Curtin University adds important knowledge and intellectual property to our existing energy storage development programme and will dramatically decrease the time of our commercialisation and industrialisation process.”
Texel, which has its headquarters in Gothenburg, has subsidiaries in the UK and in Palo Alto, California.
The Swedish company has developed battery technology "based on energy storage with a thermochemical solution” in collaboration with the US Department of Energy, the Savannah River National Laboratory and the Australian government. The Swedish government joined support for Texel’s R&D; earlier this year.
Texel said its technology "is significantly more cost-effective than existing lithium-ion batteries, has no cyclic degradation, does not include any rare-earth minerals, is 100% recyclable and has very high energy density”.