Representatives of The Canadian Sunvault recently attended the Wall Street Conference in Florida where they presented a 1000 farad graphene supercapacitor. This is claimed by the company to be the largest graphene supercapacitor developed to date and a technology that will in the future compete with, if not potentially replace, the lithium battery.
The company's CEO was also quoted at the conference: "Currently the cost to manufacture a lithium battery is about $500 (USD) per/ kWh. Tesla recently announced a Super Factory to be built in Nevada, with a promise to get the price of lithium batteries down to $150 USD per kWh by 2020, our current cost estimated for this type of graphene base supercapacitor is about $100 per kWh today and we feel confident we should be able to cut this pricing in half by the end of 2015".
The company also displayed the ability to 3D print device parts, which could significantly reduce manufacturing costs. Wiring these devices together should result in a unit approximately the size of a computer tower, that would be able to store enough energy to power a home. This should work along with Sunvault's planned stand up solar appliance for power generation that would be a little larger than an air conditioning unit, and could supply the "home off the grid" potential of the future.
The rapid charging ability should impact the smart phone, electric car, power grid stabilization and home off the grid markets and result in a veritable revolution in these fields. The Company is also looking at additional JV opportunities for the deployment of Graphene base heating and power storage systems, and has started to look for areas to set up manufacturing for products that are ready market-ready.
In March 2015, Sunvault announced its intention to develop graphene-based supercapacitors for use in their solar cells.