- Environmental stock HPQ Silicon achieved a major milestone through its France-based affiliate Novacium SAS
- The company reported more promising results during testing of “industry standard” 18650 industrial batteries, scoring another significant achievement at the 100-cycle mark, where they indicated an impressive performance improvement of about 14 per cent versus graphite benchmark batteries
- Compared with HPQ’s graphite battery blend, data indicated the blend of 90/10 graphite and advanced engineered silicon anode material ranks among the top six batteries on the list
- HPQ Silicon stock last traded at $0.20 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 and explained that the commercial potential of this material will target various industrial applications, including energy storage systems, consumer electronics and electric vehicles.
The company reported more promising results produced during the continuous charge-discharge cycle testing of “industry standard” 18650 industrial batteries, scoring another significant achievement at the 100-cycle mark, where they indicated an impressive performance improvement of about 14 per cent versus graphite benchmark batteries.
Under the team’s analysis, the three industrial-type batteries, which utilize Novacium’s custom-engineered silicon material blend, (blue lines), continue to achieve impressive performance at the 100-cycle mark. These batteries exhibit a high discharge capacity of approximately 3.11 Ampere-hours (Ah), surpassing the benchmark set by three comparison batteries (red lines) that have a capacity of about 2.66 Ah.
The measurable cycle degradation between the batteries made entirely of graphite (the red lines) and those incorporating Novacium’s custom-engineered silicon base material blend (the blue lines) are in the same 1 per cent to 2 per cent ranges.
advanced engineered silicon anode material blend. (Source: HPQ Silicon Inc.)
Compared with HPQ’s graphite battery blend, data indicated the blend of 90/10 graphite and advanced engineered silicon anode material ranks among the top six batteries on the list. HPQ and Novacium note that these are initial tests in a product that has not been optimized, suggesting room to improve remains upon this already impressive battery performance.
“We are learning a lot from these results at 100 cycles, results that continue to surpass our initial theoretical expectations of a 10 per cent improvement in battery performance,” Jed Kraiem, COO of Novacium, said in a news release. “These results are incredibly encouraging indicators of the material’s commercial viability in the battery manufacturing sector and underscore our ability to produce a blend of graphite and advanced engineered silicon anode material that significantly enhances battery performance.”
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 (TSXV:HPQ) stock last traded at $0.20 per share. The stock has lost 28.57 per cent year-over-year, but has added 122.22 per cent since 2019.
Join the discussion: Find out what everybody’s saying about this environmental stock on the HPQ Silicon Bullboard, and check out the rest of Stockhouse’s stock forums and message boards.
The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
