Product category:
Capacitors
News Release from: Maxwell Technologies | Subject: Electrical energy storage module
Edited by the Electronicstalk Editorial
Team on 31 March 2005
USABC approves ultracapacitor energy
storage
USABC has approved Maxwell Technologies to develop a compact, low-cost, 48V ultracapacitor-based electrical energy storage module for applications in passenger vehicles.
Maxwell Technologies has received approval from the United States Advanced Battery Consortium (USABC) to commence development of a compact, low-cost, high-performance, 48V ultracapacitor-based electrical energy storage module for applications in passenger vehicles USABC operates under the auspices of the United States Council for Automotive Research (USCAR), an umbrella organisation formed by DaimlerChrysler, Ford and General Motors to strengthen the technology base of the domestic auto industry through cooperative research
This article was originally published on Electronicstalk on 14 Mar 2005 at 8.00am (UK)
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Maxwell is eligible for more than $3 million (Eur 2.2 million) in matching funds for the module development programme from the US Department of Energy (DOE) through the FreedomCAR initiative that DOE and USCAR established in 2002 to promote new technologies to reduce passenger vehicles' dependence on petroleum.
Dr Richard Balanson, Maxwell's President and Chief Executive Officer, said that the company views this auto industry-sponsored module development programme as an opportunity to further accelerate acceptance of ultracapacitors as a standard building block for energy storage and power delivery solutions for the transportation industry.
"Maxwell has supplied several thousand Boostcap ultracapacitor cells for integration into gasoline-electric hybrid drivetrains for public transit buses over the past year, and we expect that application to continue growing in 2005", Balanson said.
"We won those orders by delivering robust energy storage components that provide safe, maintenance-free, performance for the life of the vehicle".
"This opportunity with USABC to develop an auto-specific module will enable us to strengthen our credentials as a supplier of mainstream energy storage systems".
Under the terms of the 24-month USABC development contract, Maxwell will deliver fully integrated multicell modules for testing by DOE's Sandia National Laboratories and Idaho National Laboratory against rigorous auto industry standards for energy capacity, pulse power, abuse-tolerance, calendar life and cycle life.
"With more than 50 million automobiles produced each year around the world, automotive applications represent an enormous market opportunity for ultracapacitors, so it would be difficult to overstate the strategic significance of this program for Maxwell", Balanson said.
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