- Environmental stock HPQ Silicon achieved a major milestone through its France-based affiliate Novacium SAS in the continuous charge-discharge cycle testing of 18650 industrial batteries
- The testing evaluated the performance of batteries composed of a 90 per cent graphite and 10 per cent Novacium’s engineered SiOx blend
- The team explained that the commercial potential of this material will target various industrial applications, including energy storage systems, consumer electronics and electric vehicles
- HPQ Silicon stock last traded at $0.205 per share
Environmental stock HPQ Silicon (TSXV:HPQ) achieved a major milestone through its France-based affiliate Novacium SAS.
The team has made strides in the continuous charge-discharge cycle testing of 18650 industrial batteries.
The testing evaluated the performance of batteries composed of a 90 per cent graphite and 10 per cent Novacium’s engineered SiOx blend. HPQ holds exclusive global licenses for this blend, comparing these batteries to benchmark batteries with 100 per cent graphite anode material.
The three batteries tested utilizing Novacium’s SiOx blend demonstrated a high discharge capacity of approximately 3.18 ampere-hours (Ah), outperforming the benchmark set by three comparison batteries with a capacity of 2.70 Ah over 25 cycles. This represents a 14 per cent enhancement in the full-battery capacity of industrial-type batteries when compared to those with a 100 per cent graphite anode, with no noticeable performance degradation.
“The test results continue to exceed our expectations,” Novacium’s COO, Jed Kraiem Ph.D., said in a news release. “The results after 25 cycles keep surpassing our internal theoretical estimate of a 10 per cent improvement in battery performance. These results demonstrate our ability to produce a graphite and engineered SiOx anode material blend that can enhance battery performance.”
The team explained that the commercial potential of this material will target various industrial applications, including energy storage systems, consumer electronics and electric vehicles.
HPQ is developing, with the support of technology partners such as Novacium and PyroGenesis Canada (TSX:PYR), new green processes to make the critical materials needed to reach net zero emissions.
HPQ Silicon Inc. is a green technology stock focused on producing the critical materials needed to reach net-zero emissions. The company’s efforts are centred on fumed silica, high-purity silicon, silicon-based anode materials for battery applications, and on-demand hydrogen production.
HPQ Silicon stock last traded at $0.205 per share. The stock has lost 16.32 per cent year-over-year, but has added 150 per cent since 2019.
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