New York State has awarded Cadenza Innovation funding for a demonstration project featuring Li-ion supercell technology, a standalone system that includes a rack-mounted 200kWh, 50kW battery storage unit.
Cadenza Innovation’s recently patented multicore Li-ion battery cell structure, the supercell, serves as the cornerstone of its novel architecture and provides simplification in battery pack design. That, in turn, greatly reduces production and manufacturing costs, overcomes safety issues like the risk of fires- that plagued the Boeing Dreamliner, the Samsung Galaxy Note, and a couple of early Tesla Model S sedans , and improves the energy density of Li-ion batteries.
The world is moving beyond fossil fuels and traditional power plant infrastructures, with utility-scale batteries emerging as a core component for renewable electricity. The cost savings achieved by lithium-ion alone are undeniable. By combining that with technology and design that substantially improves safety and energy density, Cadenza hopes to provide a first-to-market, scalable platform to address today’s energy concerns.
As per forecast the global storage market will double six times by 2030, with $103 billion in energy storage investment during that period.
