- Strategic Elements (SOR) reports that its Energy Ink technology is on track to exceed the power density of solar technology
- According to SOR, no other relevant renewable energy tech has come close to exceeding the “highly desirable” power density of solar
- However, technical breakthroughs in the company’s process of converting moisture to electricity have brought its product close
- The company has announced its short-term development plans for the Energy Ink tech, which include a new ink formula and further optimization, fabrication and testing of its Energy Ink cells with a team from the University of New South Wales
- SOR shares are up 15.9 per cent and trading at 13 cents at 11:50 am AEDT
Strategic Elements (SOR) claims its Energy Ink technology is on track to exceed the power density of solar technology — a milestone no other relevant renewable energy tech has come close to reaching.
The company said breakthroughs in its process of converting moisture into electrical energy were being engineered into the Energy Ink cells, bolstering the product’s power density.
Power density refers to the amount of power than can be generated from a given space — a higher density means more power can come from a smaller area.
The SOR team is working to deliver its Energy Ink for use in wearable technologies, with part of its work funded by the Australian Federal Government under a $1.6 million project.
Further, the company is collaborating with experts from a range of specialised areas, including electric vehicle charging and computing infrastructure, to identify initial applications that leverage the features of the Energy Ink.
“It is obvious that the potential rewards from the successful development of larger-scale Energy Ink systems are immense. However, it should also be recognised that the technology is under development and still has risks,” SOR Managing Director Charles Murphy said.
SOR has highlighted its short-term development plans, which involve nano-engineering its recent discoveries into an ink formula and optimising this ink over 12 weeks, alongside the planned fabrication and testing of high-power-density Energy Ink cells.
The company will work with a team from the University of New South Wales.
“Success in the short-term development pathway outlined will provide a strong, early indication of the technology’s potential to scale up and power certain larger-scale systems,” Mr Murphy said.
Once the power density of the Energy Ink cell is finalised, predictions on the potential power output of a larger-scale system can be made by SOR.
The company said testing the potential of its Energy Ink cell in its final stage would assist in communicating the “significant” larger-scale opportunity of the technology.
SOR shares were up 15.9 per cent and trading at 13 cents at 11:50 am AEDT.