Posted by AGORACOM-JC
at 4:10 PM on Thursday, November 7th, 2019
The headline pretty much says it all. Though HPQ has stated the
discussions are preliminary, this doesn’t hide the fact that HPQ has
moved incredibly fast from deciding to use its world-changing silicon
manufacturing process to enter the battery market.
It was only back on August 19th when Company CEO, Bernard Tourillon,
stated HPQ would “start meeting with end users” but few would have
expected NDA based discussions with a Li-ion battery manufacturer so
soon. Ironically, Tourillon says he expected something like this
“sooner” … now that is confidence.
In a small cap market full of companies claiming the holy grail of
supplying the battery market, it wasn’t hard to understand why investors
may have dismissed the Company’s OCT 31 statement that “HPQ fully
intends to use its Gen3 to produce and market silicon materials for
batteries”.
With discussions under NDA now started with a battery manufacturer,
HPQ has now set itself far apart from the pack and has earned the right
to be taken very seriously. Investors who have been waiting for ANY
company to move from theoretical to the actual boardroom, HPQ offers a
very compelling story.
Grab your favourite beverage and watch this interview with CEO Bernard Tourillon.
Posted by AGORACOM-JC
at 9:08 AM on Thursday, November 7th, 2019
HPQ and its partner Apollon Solar SAS have signed a non-disclosure agreement with a manufacturer of Li-ion batteries for the purposes of exchanging technical information and sending testing materials
For industry competitive reasons, the name of the battery manufacturer will remain confidential.
MONTREAL, Nov. 07, 2019 — HPQ Silicon Resources Inc. – TSX-V: HPQ; OTCPink: URAGF; FWB: UGE (“HPQ†or “the Companyâ€) is pleased to announce that HPQ and its partner Apollon Solar SAS, acting as one party, have signed a non-disclosure agreement (“NDAâ€) with a manufacturer of Li-ion batteries for the purposes of exchanging technical information and sending testing materials. For industry competitive reasons, the name of the battery manufacturer will remain confidential.
MEETINGS WITH INDUSTRY PARTICIPANTS LEAD TO NDA WITH BATTERY MANUFACTURER
In its’ press release dated August 19, 2019, HPQ announced it would
be meeting with industry participants and end users in H2 2019 about our
unique capacity to produce high purity Silicon (Si) in one step. The
NDA is a result of the manufacturer showing an interest in evaluating
porous silicon wafers made using Silicon (Si) produced by HPQ PUREVAP™Quartz Reduction Reactor
(“QRR”) and Apollon Solar patented process. Specifically, the cased use
is to explore using our porous silicon wafers as the anode for their
next generation Li-ion Si batteries.
“We are very happy to be in discussions with an innovative Li-ion
battery manufacturer and look forward to now having more substantive
technical discussions. More than four years of great technical work
culminated in the assembly of a world-class technical team in 2019 to
demonstrate the potential of silicon materials produced from the
PUREVAP™QRR as high-capacity anode materials for Li-ion batteries†said Bernard Tourillon, President and CEO HPQ Silicon. “Silicon’s potential to meet energy storage demand is undeniable and generating massive investments, as
well as, serious industry interest, so our timing could not be better.
Suffice it to say, we are very pleased to have attracted such early
interest. However, I must caution investors that although this agreement
does signal the interest in our products, we are still at the very
preliminary stages and there is no guarantee that anything, of any
commercial value, will materialize from these efforts. It does however
demonstrate the potential for new and exciting advances by HPQ and
partners in the silicon energy space.â€
GLOBAL ENERGY STORAGE MARKET READY TO EXPLODE
A recent report
projects that energy storage deployments are estimated to grow 1,300%
from a 12 Gigawatt-hour market in 2018 to a 158 Gigawatt-hour market in
2024. Meanwhile, at current growth rates of 2% per year, global energy consumption
will be an estimated 125,000 Terawatt-hours, which is 800,000 times
more than the estimated storage capacity. An estimated US$71 billion in
investments will be made into storage systems where batteries will make
up the lion’s share of capital deployment. Research suggests
that replacing graphite materials with Silicon anodes in Li-Ion
Batteries promises an almost tenfold (10x) increase in the specific
capacity of the anode, inducing a 20-40% gain in the energy density of
Li-ion batteries.
About Silicon
Silicon (Si) is one of today’s strategic materials needed to fulfil
the renewable energy revolution presently under way. Silicon does not
exist in its pure state; it must be extracted from quartz, one of the
most abundant minerals of the earth’s crust and other expensive raw
materials in a carbothermic process.
About HPQ Silicon
HPQ Silicon Resources Inc. is a TSX-V listed company developing, in
collaboration with industry leader PyroGenesis (TSX-V: PYR) the
innovative PUREVAPTM “Quartz Reduction Reactors†(QRR), a truly
2.0 Carbothermic process (patent pending), which will permit the
transformation and purification of quartz (SiO2) into Metallurgical
Grade Silicon (Mg-Si) at prices that will propagate its significant
renewable energy potential.
HPQ is also working with industry leader Apollon Solar to develop: Porous silicon wafers manufacturing using PUREVAP™
Silicon (PVAP Si) that can be used as anode for all-solid-state and
Li-ion batteries; and a metallurgical pathway of producing Solar Grade
Silicon Metal (SoG Si) that will take full advantage of the PUREVAPTM QRR
one-step production of high purity silicon (Si) and significantly
reduce the Capex and Opex associated with the transformation of quartz
(SiO2) into SoG-Si.
HPQ focus is becoming the lowest cost producer of Silicon (Si), High
Purity Silicon (Si), Porous Silicon Wafers and Solar Grade Silicon Metal
(SoG-Si). The pilot plant equipment that will validate the commercial
potential of the process is on schedule to start in 2019.
This News Release is available on the company’s CEO Verified Discussion Forum, a moderated social media platform that enables civilized discussion and Q&A between Management and Shareholders.
Disclaimers:
The Corporation’s interest in developing the PUREVAP™ QRR and any
projected capital or operating cost savings associated with its
development should not be construed as being related to the establishing
the economic viability or technical feasibility of the Company’s
Roncevaux Quartz Project, Matapedia Area, in the Gaspe Region, Province
of Quebec.
This press release contains certain forward-looking statements,
including, without limitation, statements containing the words “may”,
“plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”,
“expect”, “in the process” and other similar expressions which
constitute “forward-looking information” within the meaning of
applicable securities laws. Forward-looking statements reflect the
Company’s current expectation and assumptions and are subject to a
number of risks and uncertainties that could cause actual results to
differ materially from those anticipated. These forward-looking
statements involve risks and uncertainties including, but not limited
to, our expectations regarding the acceptance of our products by the
market, our strategy to develop new products and enhance the
capabilities of existing products, our strategy with respect to research
and development, the impact of competitive products and pricing, new
product development, and uncertainties related to the regulatory
approval process. Such statements reflect the current views of the
Company with respect to future events and are subject to certain risks
and uncertainties and other risks detailed from time-to-time in the
Company’s on-going filings with the security’s regulatory authorities,
which filings can be found at www.sedar.com. Actual results, events, and
performance may differ materially. Readers are cautioned not to place
undue reliance on these forward-looking statements. The Company
undertakes no obligation to publicly update or revise any
forward-looking statements either as a result of new information, future
events or otherwise, except as required by applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this
release.
For further information contact Bernard J. Tourillon, Chairman, President and CEO Tel (514) 907-1011 Patrick Levasseur, Vice-President and COO Tel: (514) 262-9239 http://www.hpqsilicon.com Email: [email protected]
Global Energy Storage to Hit 158 Gigawatt-Hours by 2024, Led by US and China
Wood Mackenzie Power & Renewables projects a thirteenfold
increase in grid-scale storage over the next six years. Here’s a
market-by-market breakdown.
Report projects that energy storage deployments will grow thirteenfold over the next six years, from a 12 gigawatt-hour market in 2018 to a 158 gigawatt-hour market in 2024.Â
Equates to $71 billion in investment into storage systems excluding pumped hydro, with $14 billion of that coming in 2024 alone.
For the energy storage industry, the past five years have been
something of a stage rehearsal for a market explosion to come, led by
the U.S. and China, but expanding to cover markets across the globe.
That’s the picture painted by Wood Mackenzie Power & Renewable’s latest report, Global Energy Storage Outlook 2019: 2018 Year in Review and Outlook to 2024.
Tuesday’s report projects that energy storage deployments will grow
thirteenfold over the next six years, from a 12 gigawatt-hour market in
2018 to a 158 gigawatt-hour market in 2024.
That equates to $71 billion in investment into storage systems
excluding pumped hydro, with $14 billion of that coming in 2024 alone.
This growth will be concentrated in the United States and China, which
will account for 54 percent of global deployments by 2024, followed
by Japan, Australia and South Korea in a second tier of growth markets,
and Germany, Canada, India and the U.K. rounding out the list.
Each of these markets is taking its own approach to integrating
energy storage into its grid operations and market structures, from the
state-by-state development in the U.S. to China’s five-year plan. But
they share a commitment to relatively aggressive renewables growth
targets, along with the attendant challenges of integrating an
increasing share of intermittent wind and solar power into the grid.
And much like the renewables that are driving their growth, the
batteries that make up the lion’s share of new storage systems being
deployed are falling in price.
That’s positioning them for a much broader integration into grid
operations beyond renewables integration, Ravi Manghani, WoodMac’s head
of storage research, noted in a Tuesday interview: “Over the last five
years, the world began to experiment with storage; in the next five,
storage will become a key grid asset.â€
Last year saw global energy storage deployments grow 147 percent
year-over-year to reach 3.3 gigawatts, or 6 gigawatt-hours, the report
states. That’s nearly double the average 74 percent compound annual
growth rate for the industry from 2013 to 2018. In fact, last year’s
deployments made up more than half of the total amount of storage
deployed in the past five years, “indicating an inflection in storage
demand,†Manghani said.
This inflection point is measured not only in terms of project
volume, but in the variety of regulatory and market structures allowing
these projects to be financed and built, he noted. The past half-decade
of energy storage growth has been driven by a relatively limited and
isolated set of revenue streams, as well as government incentives
designed to jump-start development in advance of the market structures
to unlock the value of storage, he said.
From 2019 to 2024, WoodMac projects a more mature but still
early-stage compound annual growth rate of 38 percent for key storage
markets, but with a far broader set of money-making opportunities for
the systems being installed. This will include a shift
from short-duration systems providing high-value, but limited-size
markets such as frequency regulation, to long-duration systems that can
start to displace diesel, oil and natural-gas peaker plants.
A market-by-market breakdown
We’ve already covered WoodMac’s growth projections for the U.S. energy storage market,
the world’s biggest at present, and still expected to retain that
position by 2024, if only just ahead of China. The U.S. deployed a
record 311 megawatts and 777 megawatt-hours of energy storage in 2018,
but that market is expected to double in 2019 and triple in 2020,
according to last month’s Energy Storage Monitor from WoodMac and the Energy Storage Association.
This growth will continue to be driven by key markets like
California, the country’s leader in behind-the-meter batteries, and
other states with gigawatt-scale energy storage deployment mandates such
as New York and Massachusetts. But it will also be driven by utilities
adopting storage for capacity or as part of large-scale solar projects,
as with recent large-scale contracts in Hawaii, Texas, Minnesota and
Colorado.
And of course, Federal Energy Regulatory Commission Order 841, which
orders the country’s regional wholesale market operators to open up
energy, capacity and ancillary services markets to energy storage, will
create new market opportunities.
Turning to Asia, “we’ve seen China wake up in terms of energy
storage, and slightly ahead of schedule,†Manghani said. China saw a 40
percent year-over-year energy storage market growth in 2018, driven by
more than 300 megawatts, or nearly 500 megawatt-hours, of utility-scale
deployment.
In November 2017, China’s government announced a 10-year plan for developing its own grid-scale energy storage industry.
This was partly a means of supporting and building upon its already
massive dominance in battery manufacturing for electric vehicles, but
it’s also a response to China’s mounting grid challenges — namely,
integrating the massive amounts of wind and solar power being built in
remote western regions to the country’s urban east.
And when China decides to build grid batteries, it builds them at
scale. “The majority of the deployments are currently pilot-scale
projects — but when China does pilot-scale projects, we’re talking about
tens of megawatt-hours,†Manghani said. Last year saw one
101-megawatt/202-megawatt-hour energy storage project come online in
Jiangsu, and another 240-megawatt/720 megawatt-hour project approved in
Gansu to reduce renewables curtailment.
In the next five years, several more large-scale energy storage
projects to support grid reliability and flexibility are expected to
come online. About 65 percent of China’s 2018 installed capacity was
developed by the State Grid Corporation of China for ancillary services
purposes, indicating the importance of central planning for growth.
South Korea represents a similar story of how government planning can
drive massive energy storage market growth, with a new policy to allow
storage-backed wind and solar projects to earn renewable energy
certificates worth five times their capacity value driving a massive
boom in 2018. From less than 10 megawatt-hours deployed in 2017, South
Korea’s utility-scale and commercial-industrial behind-the-meter
deployments boomed to 1,100 megawatt-hours in 2018, with nearly $400
million in energy storage investments and a pipeline of projects that’s
already overshot its goal of 800 megawatt-hours by 2020.
Australia, by contrast, has been driven by solar-plus-storage projects on the residential side of the market,
due to its competitive energy markets and the increasingly attractive
economics of self-generated solar power. Australia led the world in
residential storage in 2018 with 150 megawatts, or 300 megawatt-hours,
of systems deployed. Japan ranked a close second in residential storage,
taking a slight lead over Germany in terms of 2018 deployments,
although Germany still retains the lead in total number of systems
deployed, at about 860 megawatt-hours.
At the same time, policy shifts can have an impact on global energy
storage markets. The U.K. installed its own record-setting 408
megawatts/325 megawatt-hours of utility-scale storage in 2018. But as
these figures indicate, this boom was largely in the form of
shorter-duration battery systems, which could see their value decrease
significantly under changes to the U.K.’s capacity market mechanism to
de-rate shorter-duration systems in favor of multi-hour storage.
At the same time, a November European court ruling against the U.K.’s
capacity market mechanism — along with the broader uncertainty over how
the country’s departure from the EU under Brexit could affect its
energy future — has created challenges for the market.
Likewise, in Canada, last year’s efforts to incorporate energy
storage into wholesale markets in Ontario and Alberta have been
counterbalanced somewhat by the new Ontario government’s decision to
cancel hundreds of renewable energy projects.
Posted by AGORACOM-JC
at 9:08 AM on Thursday, October 31st, 2019
Announced its collaboration with Professor Lionel ROUÉ of the Institut National de Recherche Scientifique (INRS)
Aimed at evaluating the electrochemical performances of different materials produced by the HPQ PUREVAP™Quartz Reduction Reactor for Li-ion batteries
MONTREAL, Oct. 31, 2019 — HPQ Silicon Resources Inc. – TSX-V: HPQ; OTCPink: URAGF; FWB: UGE (“HPQ†or “the Companyâ€) is pleased to announce its collaboration with Professor Lionel ROUÉ of the Institut National de Recherche Scientifique (INRS) within the scope of projects aimed at evaluating the electrochemical performances of different materials produced by the HPQ PUREVAP™Quartz Reduction Reactor (“QRR”) for Li-ion batteries.
Professor Lionel ROUÉ of the INRS-EMT has developed a scientific
program focused on the study of new electrode materials for various
applications of industrial interest (batteries, aluminium production,
etc.). In recent years, a significant part of its research activities
has been devoted to the study of Si anodes for Li-ion batteries and the
development of in-situ characterization methods applied to batteries.
He is the author of more than 150 publications, including twenty
articles and 2 patents on Si-based anodes for Li-ion batteries. He was
awarded the Energia Prize by the Quebec Association for the Mastery of
Energy for his work in this field.
EVALUATING WORLDWIDE BATTERY MARKET POTENTIAL OF MATERIALS PRODUCED BY PUREVAP™
The first goal of the association is determining the commercial potential of materials produced by the PUREVAPTM
QRR as anode material for the Li-ion battery market and ascertaining
whether their usage within Li-ion batteries could lead to a significant
increase in their energy density, which is crucial for some
applications, especially electric vehicles.
In the second phase, the electrochemical performance of PUREVAPTM silicon based porous silicon wafers made using Apollon Solar’s patented process will be tested.
“Silicon’s potential to meet energy storage demand is generating massive investments. Collaborating
with a world-class university center, HPQ will be able to validate the
potential of silicon materials produced from the PUREVAP™QRR as high-capacity anode materials for Li-ion batteries†said Bernard Tourillon, President & CEO of HPQ Silicon Resources Inc. Mr. Tourillon added: “HPQ, working with PyroGenesis, Apollon and the INRS Energy Materials Telecommunications (EMT) Research Centre, fully intends to use its Gen3 PUREVAP™ QRR to produce and market Silicon materials for batteriesâ€.
GLOBAL ENERGY STORAGE MARKET READY TO EXPLODE
A recent report
projects that energy storage deployments are estimated to grow 1,300%
from a 12 Gigawatt-hour market in 2018 to a 158 Gigawatt-hour market in
2024. An estimated US$71 billion in investments will be made into
storage systems where batteries will make up the lion’s share of capital
deployment. Research suggests
that replacing graphite materials with Silicon anodes in Li-Ion
Batteries promises an almost tenfold (10x) increase in the specific
capacity of the anode, inducing a 20-40% gain in the energy density of
Li-ion batteries.
About Silicon
Silicon (Si) is one of today’s strategic materials needed to fulfil
the renewable energy revolution presently under way. Silicon does not
exist in its pure state; it must be extracted from quartz, one of the
most abundant minerals of the earth’s crust and other expensive raw
materials in a carbothermic process.
About HPQ Silicon
HPQ Silicon Resources Inc. is a TSX-V listed company developing, in
collaboration with industry leader PyroGenesis (TSX-V: PYR) the
innovative PUREVAPTM “Quartz Reduction Reactors†(QRR), a truly
2.0 Carbothermic process (patent pending), which will permit the
transformation and purification of quartz (SiO2) into Metallurgical
Grade Silicon (Mg-Si) at prices that will propagate its significant
renewable energy potential.
HPQ is also working with industry leader Apollon Solar to develop: Porous silicon wafers manufacturing using PUREVAP™
Silicon (PVAP Si) that can be used as anode for all-solid-state and
Li-ion batteries; and a metallurgical pathway of producing Solar Grade
Silicon Metal (SoG Si) that will take full advantage of the PUREVAPTM QRR
one-step production of high purity silicon (Si) and significantly
reduce the Capex and Opex associated with the transformation of quartz
(SiO2) into SoG-Si.
HPQ focus is becoming the lowest cost producer of Silicon (Si), High
Purity Silicon (Si), Porous Silicon Wafers and Solar Grade Silicon Metal
(SoG-Si). The pilot plant equipment that will validate the commercial
potential of the process is on schedule to start in 2019.
This News Release is available on the company’s CEO Verified Discussion Forum, a moderated social media platform that enables civilized discussion and Q&A between Management and Shareholders.
Disclaimers:
The Corporation’s interest in developing the PUREVAP™ QRR and any
projected capital or operating cost savings associated with its
development should not be construed as being related to the establishing
the economic viability or technical feasibility of the Company’s
Roncevaux Quartz Project, Matapedia Area, in the Gaspe Region, Province
of Quebec.
This press release contains certain forward-looking statements,
including, without limitation, statements containing the words “may”,
“plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”,
“expect”, “in the process” and other similar expressions which
constitute “forward-looking information” within the meaning of
applicable securities laws. Forward-looking statements reflect the
Company’s current expectation and assumptions and are subject to a
number of risks and uncertainties that could cause actual results to
differ materially from those anticipated. These forward-looking
statements involve risks and uncertainties including, but not limited
to, our expectations regarding the acceptance of our products by the
market, our strategy to develop new products and enhance the
capabilities of existing products, our strategy with respect to research
and development, the impact of competitive products and pricing, new
product development, and uncertainties related to the regulatory
approval process. Such statements reflect the current views of the
Company with respect to future events and are subject to certain risks
and uncertainties and other risks detailed from time-to-time in the
Company’s on-going filings with the security’s regulatory authorities,
which filings can be found at www.sedar.com. Actual results, events, and
performance may differ materially. Readers are cautioned not to place
undue reliance on these forward-looking statements. The Company
undertakes no obligation to publicly update or revise any
forward-looking statements either as a result of new information, future
events or otherwise, except as required by applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this
release.
For further information contact Bernard J. Tourillon, Chairman, President and CEO Tel (514) 907-1011 Patrick Levasseur, Vice-President and COO Tel: (514) 262-9239 http://www.hpqsilicon.com Email: [email protected]
Posted by AGORACOM-JC
at 5:45 PM on Friday, October 18th, 2019
HPQ Silicon makes its strongest case ever for the lead it has taken in the commercialization of its’
Solar grade silicon;
Silicon wafers for Li-ion batteries
High purity silicon for high value niche applications;
Metallurgical grade silicon at prices the industry has never seen before;
More than just lip service that we have typically come to expect from 98% of small cap companies, the Company’s pilot plant is about to go live and produce test samples of silicon wafers for batteries and is supported by not 1 but 2 (TWO) world class technology partners that validate both the HPQ process and commercialization plan.
This is a powerful presentation that is worthy of your time to watch and learn about the rise of HPQ Silicon.
Posted by AGORACOM-JC
at 4:01 PM on Wednesday, September 25th, 2019
When the lithium craze hit the markets a few years back, dozens of companies dreamed of cashing in on the impending battery craze for electric vehicles.
While 99% of companies focused on lithium or graphite, HPQ focused on creating the world’s cheapest and lowest emission Silicon for multiple applications, including solar.
Along the way, HPQ picked up 2 world class technology partners and the Quebec government as an investor.
Today, the company is on the verge of producing Silicon from its 50 ton pilot plant for multiple applications.
Serendipitously, experts now agree that Silicon is the superior material for electric battery anodes versus graphite.
If
that wasn’t enough, the Company’s solar partner happens to hold the
world wide patent on manufacturing porus silicon wafers, which is
exactly what is needed for battery anodes.
Today, while most other companies working on Li-Ion Silicon
are still stuck in R&D, HPQ has rocketed ahead to its
commercialization stage and has the electric vehicle battery market
watching with great anticipation.
Watch this
incredible video with HPQ Silicon CEO, Bernard Tourillon, who has
brilliantly architected the company’s development from concept to
commercialization.
Posted by AGORACOM-JC
at 8:36 AM on Wednesday, September 25th, 2019
Announced the extension and the expansion of scope of the December 2017 collaboration agreement with Apollon Solar SAS,
The agreement now includes evaluating manufacturing porous Silicon wafers for solid-state Li-Ion batteries using Apollon patented process and Silicon (Si) produced by HPQ PUREVAP™Quartz Reduction Reactor
MONTREAL, Sept. 25, 2019 — HPQ Silicon Resources Inc. - TSX-V: HPQ; OTCPink: URAGF; FWB: UGE (“HPQ†or “the Companyâ€) is pleased to announce the extension and the expansion of scope of the December 2017 collaboration agreement with Apollon Solar SAS, (“Apollon”). The agreement now includes evaluating manufacturing porous Silicon wafers for solid-state Li-Ion batteries using Apollon patented process and Silicon (Si) produced by HPQ PUREVAP™Quartz Reduction Reactor (“QRR”) (“PVAP Siâ€).
APOLLON PATENTED LOW-COST APPROACH TO MAKING POROUS SILICON WAFERS
In 2012, Apollon, working in collaboration with France CNRS (“Centre
National de la Recherche Scientifiqueâ€), developed and obtained a
worldwide patent for a unique low-cost process that uses standard
metallurgical Silicon (2N to 4N+ Si) to produce square porous Silicon
Wafers with a thickness of up to 2 cm.
“The HPQ PUREVAP™ QRR’s proprietary capacity of controlling the
purity of the Silicon (Si) produced should allow our unique and patented
process to optimize the porous structure of the wafers between
Microporous (pore size <5nm), Mesoporous (pore size 5nm – 50nm) and
Macroporous (pore size >50nm) as per end-users requirements, simply
by adapting process parameters†stated Mr. Jed Kraiem Ph.D, General Manager of Apollon Solar.
Working with Apollon, HPQ intends to develop the manufacturing of porous silicon wafers using PUREVAP™ Si that can be used as anodes for solid-state Li-ion batteries.
“Combining Apollon’s patented low cost approach to make porous Si
wafers and the HPQ PUREVAP™ Gen3 Pilot Plant’s ability to produce Si
will allow us to start the commercialisation of our porous Si wafers for
solid state Li-Ion batteries earlier then most competitors, who are
still only earlier stages R&D plays†said Bernard Tourillon, President & CEO of HPQ Silicon Resources Inc. Mr. Tourillon added: “Production of the first porous Silicon test wafers could start as early as Q4 2019.â€
GLOBAL ENERGY STORAGE MARKET READY TO EXPLODE
A recent report
projects that energy storage deployments are estimated to grow 1,300%
from a 12 Gigawatt-hour market in 2018 to a 158 Gigawatt-hour market in
2024. An estimated US$71 billion in investments will be made into
storage systems where batteries will make up the lion’s share of capital
deployment. Research suggests
that replacing graphite materials with Silicon anodes in Li-Ion
Batteries promises an almost tenfold (10x) increase in the charging
capacity of batteries.
“Silicon potential to meet energy storage demand is generating massive investments.
HPQ, working with Apollon, fully intends to use its first mover
advantage in low cost porous Silicon (Si) wafer manufacturing using
metallurgically produced PUREVAP™ Silicon (2N to 4N+ Si) to attract
investors and commercial interest†said Mr. Tourillon.
About Silicon
Silicon (Si) is one of today’s strategic materials needed to fulfil
the renewable energy revolution presently under way. Silicon does not
exist in its pure state; it must be extracted from quartz, one of the
most abundant minerals of the earth’s crust and other expensive raw
materials in a carbothermic process.
About HPQ Silicon
HPQ Silicon Resources Inc. is a TSX-V listed company developing, in
collaboration with industry leader PyroGenesis (TSX-V: PYR) the
innovative PUREVAPTM “Quartz Reduction Reactors†(QRR), a truly
2.0 Carbothermic process (patent pending), which will permit the
transformation and purification of quartz (SiO2) into Metallurgical
Grade Silicon (Mg-Si) at prices that will propagate its significant
renewable energy potential.
HPQ is also working with industry leader Apollon Solar to develop:
Porous silicon wafers manufacturing using PUREVAP™ Silicon (PVAP Si) that can be used as anode for solid-state Li-ion batteries; and
A metallurgical pathway of producing Solar Grade Silicon Metal (SoG Si) that will take full advantage of the PUREVAPTM QRR
one-step production of high purity silicon (Si) and significantly
reduce the Capex and Opex associated with the transformation of quartz
(SiO2) into SoG-Si.
HPQ focus is becoming the lowest cost producer of Silicon (Si), High
Purity Silicon (Si), Porous Silicon Wafers and Solar Grade Silicon Metal
(SoG-Si). The pilot plant equipment that will validate the commercial
potential of the process is on schedule to start in 2019.
This News Release is available on the company’s CEO Verified Discussion Forum, a moderated social media platform that enables civilized discussion and Q&A between Management and Shareholders.
Disclaimers:
The Corporation’s interest in developing the PUREVAP™ QRR and any
projected capital or operating cost savings associated with its
development should not be construed as being related to the establishing
the economic viability or technical feasibility of the Company’s
Roncevaux Quartz Project, Matapedia Area, in the Gaspe Region, Province
of Quebec.
This press release contains certain forward-looking statements,
including, without limitation, statements containing the words “may”,
“plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”,
“expect”, “in the process” and other similar expressions which
constitute “forward-looking information” within the meaning of
applicable securities laws. Forward-looking statements reflect the
Company’s current expectation and assumptions, and are subject to a
number of risks and uncertainties that could cause actual results to
differ materially from those anticipated. These forward-looking
statements involve risks and uncertainties including, but not limited
to, our expectations regarding the acceptance of our products by the
market, our strategy to develop new products and enhance the
capabilities of existing products, our strategy with respect to research
and development, the impact of competitive products and pricing, new
product development, and uncertainties related to the regulatory
approval process. Such statements reflect the current views of the
Company with respect to future events and are subject to certain risks
and uncertainties and other risks detailed from time-to-time in the
Company’s on-going filings with the securities regulatory authorities,
which filings can be found at www.sedar.com. Actual results, events, and
performance may differ materially. Readers are cautioned not to place
undue reliance on these forward-looking statements. The Company
undertakes no obligation to publicly update or revise any
forward-looking statements either as a result of new information, future
events or otherwise, except as required by applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this
release.
For further information contact Bernard J. Tourillon, Chairman, President and CEO Tel (514) 907-1011 Patrick Levasseur, Vice-President and COO Tel: (514) 262-9239 http://www.hpqsilicon.com Email: [email protected]
The industry has been growing exponentially thanks to plain old solar panels.
In the U.S., of all new power capacity added to the grid in 2018, about 30% was from solar.
Elon Musk may have promised the world Tesla solar roof tiles in 2016, but turns out the solar industry may not need the upgrade.
The industry has been growing exponentially thanks to plain old solar
panels. You can see the evidence both on people’s rooftops and in the
desert, where utility-scale solar plants are increasingly popping up.
Here in the U.S., of all new power capacity added to the grid in 2018, about 30% was from solar.
But the picture is not all rosy. Solar power is intermittent. The sun
isn’t always shining, and the price of storage solutions like lithium
ion batteries is still relatively high.
These are real problems that the industry needs to tackle if solar is
going to reach its potential. However, if the recent past is any
indication, solar power is going to help lead the transition to a
carbon-free future, and it might do it faster than we all expected.
Watch the video to learn more.
Developing, in collaboration with industry leader PyroGenesis (TSX-V: PYR) the innovative PUREVAPTM “Quartz Reduction Reactorsâ€, will permit the transformation and purification of quartz (SiO2) into Metallurgical Grade Silicon (Mg-Si) at prices that will propagate its significant renewable energy potential.
Also working with industry leader Apollon Solar to develop a metallurgical pathway of producing Solar Grade Silicon Metal (SoG Si) that will take full advantage of the PUREVAPTM QRR one-step production of high purity silicon (Si) and significantly reduce the Capex and Opex associated with the transformation of quartz (SiO2) into SoG-Si.
Focused on becoming the lowest cost producer of Silicon (Si), High Purity Silicon (Si) and Solar Grade Silicon Metal (SoG-Si). The pilot plant equipment that will validate the commercial potential of the process is on schedule to start in 2019.
Niagara Falls in Ontario, Canada, was chosen as the locale for the North American reveal of the Porsche Taycan
fully electric sedan for good reason: the ginormous hydro-electric
power plant that resides there. It didn’t hurt that the Taycan looked
imposing in the foreground of the press snaps either. It’ll likely
garner attention wherever it goes, especially from whomever it quietly
zooms past thanks to the eye-catching, futuristic design and some
serious power-train engineering.
In terms of size, the Taycan is smaller than the Panamera,
about the same size as a BMW 5 Series or a Mercedes-Benz E-Class, or
even the car that it’ll henceforth be benchmarked against: the Tesla
Model S. I got a test-ride in a Taycan around a Formula E track.
Despite being thrashed around by a professional racing driver, I felt
that the backseat was plush and spacious enough for my 6-foot-2 frame.
The car was also fast as hell.
The 750 hp Taycan Turbo S surges from zero to 60 mph in 2.8 seconds using launch control. Photo: Courtesy of Porsche AG.
Underneath the floor is a skateboard containing a 93 kWh lithium-ion
battery pack, which pushes energy to a pair of synchronous electric
motors, one for each axle. The front axle receives a single-speed motor
while the rear contains a two-speed transmission. For the quizzical, the
first gear is for acceleration, and the shift point is around 62 miles
an hour. While it’s pretty unusual for an EV to include a transmission,
the point here is pure power and time will tell whether this will
practically benefit drivers.
Onto the name. The base Taycan will be called the Turbo and some
engineering tinkering will eke out more power for the Turbo S. As there
is no combustion engine to which a turbo can physically be affixed, it’s
silly to keep the conventional names, but Porsche
is doing so because it believes customers can better equate the
products to competitor vehicles. (Later next year, there will be a wagon
variant, too.)
Both the Turbo and the Turbo S generate 616 hp, but an “overboostâ€
function affords the Turbo bursts up to 670 hp while the Turbo S pushes
750 ponies to the wheels. The torque is 626 and 774 ft lbs,
respectively, which is good enough to propel the 5,121-pound beast from a
standstill to 60 mph in 3.0 seconds for the Turbo and in 2.6 seconds
for the Turbo S. While those numbers are more blunted than a Tesla Model
S, Porsche would prefer you focus on the fact that the engineers were
more concerned with making an all-around dynamic car with repeatable
performance rather than a drag strip winner.
The Taycan Turbo runs with 670 horses and 626 ft lbs of torque. Photo: Courtesy of Porsche AG.
Porsche hopes for a range of 280 miles, though no official EPA
numbers have arrived. It’ll likely clock in around 240 miles, and that’s
a little bit of a bummer because the Model S can go about 50 percent
further (370 miles) on a battery that’s only about 8 percent bigger.
Perhaps to offset this, Porsche’s imbued the Taycan with 800-volt
charging systems, a giant nose-thumb to the norm of 400-volt systems in
most other EVs. Still, the battery can only take about 270 kWh at its
peak, though Porsche believes to achieve 400-500 kWh as advancements in
technology develop. For now, with optimal temperature and conditions,
the Taycan can go from five percent charge to 80 percent in roughly 20
minutes.
The Taycan’s high-tech interior. Photo: Courtesy of Porsche AG.
The Turbo starts at $153,510 (though the launch edition includes a
glass roof and better charger) and the Turbo S will begin at $187,610.
After launch, they’ll drop down to $150,900 and $185,000, respectively.
Are they worth the money? Check back with us later this month after our
first-drive review.
