Sunvault Energy, developers of a chip which charges off ambient light and stores the energy for up to 96 hours thereafter, reported some great news today out of recently 50%-acquired (March 3) environmental solutions developer, CleanGen, Inc., as CleanGen’s 100%-owned 1098541 Alberta Ltd. subsidiary has bought up the land package at Ponoka where their tire processing subsidiary, Cutting Edge, is located.
CleanGen is focused on putting together a synergistic group of companies and operators that can develop advanced green and clean tech solutions, while working hand-in-glove with the Aboriginal peoples, communities, and organizations in Alberta. This land purchase solidifies CleanGen’s footing in Alberta’s Ponoka County, as well as their overall economics given the multiple operating entities they have like CuttingEdge, which has been operating on the Ponoka package under lease agreement during the past eight years. In addition to CuttingEdge Tire Recycling, CleanGen also has their CleanGen Power Corp., CleanGen Aboriginal HR Services, and Coole Immersive units to think about and this land purchase will open the door for improved logistics all around.
The purchase effectively increases CleanGen’s acreage in Ponoka by 150%, up to 30 acres from just 12, not only allowing for logistics-improving developments like the next stages of the Cutting Edge Tire Recycling plant, but other developments that had been restricted due to the leasing situation. Starting to really feel like home now for the company and the County of Ponoka also seems to have warmed up to them even more now, settling into a sense of long-term stability and the emergence of an industrial park here, something that dovetails exceptionally well with their own longer-term aspirations for the County.
CleanGen’s Cutting Edge unit can handle sizes ranging from the giant tires used in mining vehicles (5980R63), on down to passenger and light truck sizes, also working directly with the Alberta Recycling Management Authority to collect and process tires generated in Alberta for free, creating massive feedstock for recycled rubber applications. Alongside their CleanGen Power unit, which focuses on waste to energy conversion using wood gasification and a unique a briquette peat moss generation technology, CleanGen has an engineered wood fibre product unit called EcoRoads, which has developed a substantial frost-resistant surfacing solution for extending the life of seasonal roads or rapidly prepping staging areas.
A Roadmap Evaluation Review of SVLT’s technology by Nicola Ferralis, PhD and Jeffrey C. Grossman, PhD, at the department of Materials Science and Engineering at MIT, highlighted the unique benefits of SVLT’s approach, which integrates generation and storage seamlessly down to a molecular level as a standardized and self-contained system. Whether it ultimately finds major success as a building block of more complex systems, or standalone as a power supply for mobiles and other small electronics (likely both), it matters not, SVLT has assembled two core technologies here which are required to achieve the long sought after goal of total integration of generation and storage according to MIT’s report. Light capture and 3D photovoltaics fused in one allows for generation of energy at scale as high as 30 times that of conventional on a per unit of footprint basis, while also drastically simplifying the overall hardware system, meaning it is possible to create extremely robust systems that will last and require much less maintenance.
Get a closer look at Sunvault Energy, Inc. by heading to www.SunvaultEnergy.com
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