OTCReporter.com: SymPowerco Fuel Cell Partner Advances Business Plan
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Issue# 1519 |
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| SymPowerco Fuel Cell Partner Advances Business Plan |
GARDNERVILLE, NV–(08/04/09) – SymPowerco Corporation
HET, which owns the exclusive rights to a unique flat-plate rechargeable battery technology, has informed SymPowerco that it has successfully completed Phase I of a study to determine the feasibility of mass producing its battery technologies and to determine the feasibility of constructing a high speed manufacturing facility at a certain location for the world market.
In addition, HET has advised SymPowerco that it has begun design and construction of various prototype flat-plate battery configurations that will be made available to its existing and potential customers for design and testing purposes.
SymPowerco President and CEO, John Davenport, commented, “SymPowerco owns the exclusive rights to use HET’s flat-plate battery technologies in Hybrid Power Systems that use Direct Methanol Fuel Cells. We believe that the FEDMFC and the flat-plate battery technologies, when used together in Hybrid Power Systems, will create a formidable presence in the burgeoning Alternative Power Systems markets for small to medium sized vehicles and for other markets. We’re very pleased that HET is advancing its battery technologies so rapidly.”
SymPowerco Corporation develops advanced fuel cell
and power delivery systems
for the rapidly growing personal transportation and portable power system
markets. SymPowerco’s soon-to-be majority-owned subsidiaries, HOSS Motor Sports and Highline Hydrogen Hybrids Systems, offer potentially expansive synergies and marketing opportunities with SymPowerco’s Flowing Electrolyte Direct Methanol Fuel Cell and Hybrid Power System technologies.
CEO John Davenport announced today that the company’s fuel cell partner, Hybrid Energy Technologies, Inc. (“HET”) of Ontario, Canada, has advanced its business plan on several fronts and that HET’s initiatives continue to support the planning and timing of SymPowerco’s fuel cell development program. HET owns 30% of SymPowerco’s majority owned (70%) subsidiary, Polygenic Power Systems, Inc. (“PPSI”), which manages all aspects of SymPowerco’s Flowing Electrolyte Direct Methanol Fuel Cell (FEDMFC) program.
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SYMPOWERCO CORP |
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SYMPOWERCO CORP (SYMW)
SymPowerco Corp. is an energy technology company focused on the design and development of clean and practical power and energy solutions. Their mission is to make practical Fuel Cell Hybrid Power Systems a commercial reality. |
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Sympowerco Corp. 3000 West Ann Rd.
Phone: 702-968-9944 |
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Sympowerco Corp. Since the earliest days of manned space flight, the fuel cell has provided power for space craft. On July 20, 1969, the Apollo 11 Lunar Module landed on the moon. Its Command Module was powered by fuel cells. For decades man has reliably and safely powered space craft (and submarine systems, as well) with fuel cells, but a practical fuel cell, capable of powering even a small vehicle SymPowercos majority-owned (70%) subsidiary, Polygenic Power Systems Flowing Electrolyte Direct Methanol Fuel Cell not only runs on a renewable energy source, methanol, but we believe it has the potential to power the first practical and cost-effective fuel cell hybrid-powered vehicles
Hybrid Power Systems Imagine a car’s mileage suddenly increasing to over 100 mpg, without any apparent loss in performance. Imagine eliminating over 200 lbs of lead acid batteries in golf carts. Hybrid Power Systems will make these advances possible in the near future. SymPowerco intends to develop and market Hybrid Power Systems through their majority-owned (70%) subsidiary, Polygenic Power Systems. A hybrid power system has two or more power components performing cooperative power-supplying functions. Almost all Electric vehicles store electrical energy in batteries. They are quiet and electric motors are very efficient. However, to store enough electrical energy to be practical, these vehicles must carry huge batteries. The typical golf cart, for instance, has lead-acid batteries weighing as much as 350 lb! The batteries have barely enough capacity for two rounds of golf before they must be recharged. And when the batteries run down it takes several hours to recharge them. Imagine a power system in an electric golf cart or other electric vehicle that: · · · · · · · A hybrid power system The average power demand in most vehicles is only 25 to 35% of peak demand. For instance, an automobile with a 200 hp engine requires only 50 hp or less while cruising on flat ground. Peak power capability is only used during acceleration, climbing hills or pulling larger loads. In a hybrid electric vehicle, the batteries store sufficient energy to supply the peak demand but the average demand is only 25% to 30% of the peak. The fuel cell therefore needs to be capable of producing a steady trickle charge at or slightly above the average SymPowerco, through its majority owned subsidiary Polygenic Power Systems, has acquired the rights to an advanced power producer, a Flowing Electrolyte Direct Methanol Fuel Cell and the rights to use advanced battery technologies in hybrid applications.
Fuel Cell Primer A fuel cell is an electrochemical energy conversion device that produces electricity from hydrogen. Hydrogen is an element and has the simplest atomic structure of all elements, 1 proton and 1 electron. Electricity is the flow of electrons.
A fuel cell can be two to three times more efficient than an internal combustion engine in converting fuel to power. A fuel cell produces electricity, water and heat using fuel and oxygen in the air. Water is the only emission when hydrogen is the fuel. Fuel cells typically consist of two electrodes, the anode and cathode. Sandwiched between the electrodes is an electrolyte, usually a solid Proton Exchange Membrane (PEM) that is capable of conducting protons from the anode to the cathode. The anode side is enclosed by a fuel/water chamber while the cathode side is enclosed by a water/air chamber. As hydrogen flows into the fuel cell on the anode side, a platinum catalyst on the anode facilitates the separation of the hydrogen gas into electrons and protons (hydrogen ions). The hydrogen ions pass from the anode through the PEM and with the help of another platinum catalyst, combine with oxygen and electrons on the cathode side, producing water. The electrons, which cannot pass through the PEM, flow from the anode to the cathode through an external circuit containing a motor or other electric load, which consumes the power generated by the cell. Some heat is also produced but because there is no combustion taking place the heat is far less than that produced in an internal combustion engine. In principle, a fuel cell operates like a battery. Unlike a battery, however, a fuel cell does not run down or require recharging. It will produce energy in the form of electricity and heat as long as fuel is supplied. Although hydrogen is an excellent fuel, it has huge problems with respect to production, transportation and storage. It takes considerable energy and sophisticated equipment to produce hydrogen by It is possible to extract or produce hydrogen at the fuel cell from various fuels by using a system called a fuel reformer that forms part of the fuel cell system. Fuel reformers are complex, expensive and substantially reduce the efficiency of the fuel cell because some of the power produced by the fuel cell is required to power the reformer. In addition, there are often undesirable byproducts from the reformer.
Direct Methanol Fuel Cells Researchers believe that the Direct Methanol Fuel Cell or DMFC presents the best The advantages of the DFMC are obvious. Firstly, an expensive, complex and power hungry reformer is not required and, secondly, methanol is commonly available. Worldwide methanol production capacity in 2006 was approximately 43 million metric tonnes. DMFCs promise very simple construction, excellent power output, inexpensive and easy to handle fuel coupled with broad availability of the fuel. But PEM DMFCs have operational problems, the most notable of which is methanol Flowing Electrolyte Direct Methanol Fuel Cell In the SymPowerco Flowing Electrolyte Direct Methanol Fuel Cell or FE DMFC, the expensive PEM is replaced by a flowing electrolyte, sulfuric acid, the same acid found in The FE DMFC has several other advantages over the PEM DMFC. The most important is superior startup and shutdown performance. When the FE DMFC is shut down the electrolyte is drained from the cell thereby shutting down the fuel cell with no residual voltages. The PEM DMFC shuts down with high voltages present causing degradation of expensive catalysts and other components. The FE DMFC also shows much more constant voltage over its output range than the PEM DMFC, which experiences voltage drop at high output. One of the main advantages of a flowing electrolyte system is simple thermal and water management and the possibility to remove reaction products and impurities continuously during operation. The system can be shut down completely and restarted as desired, which, unlike other fuel cells, allows only actual operating hours to be considered part of the fuel cells life-cycle. In fact, it is anticipated that interruptions improve or revive the catalysts as has been clearly established for larger scale flowing electrolyte types of fuel cells like the alkaline and acidic systems. Over $4,000,000 has been invested in research and development of the SymPowerco FE DMFC. The development work included the successful construction and operation of a 5 Watt multi-cell FE DMFC that supplied power to a complete hybrid power system. The 5W unit included an electronic subsystem control package of sufficient capability to handle the entire FE DMFC development process to near-commercialization. The completion and testing of the 5W unit proved the feasibility of the Flowing Electrolyte DMFC program, answered many research and development questions and paved the way for the ramping up of the FE DMFC program now being undertaken by SymPowerco. SymPowerco with its development partners will announce the FE DMFC development objectives and activities in the near future.
Batteries Hybrid Power Systems typically consist of an electrical source, a charger and a battery. Although SymPowercos fuel cell technologies will work well with lead acid and other battery types in hybrid power The company has acquired the exclusive rights to use a new flat-plate rechargeable alkaline battery technology with our FE DMFC. The flat-plate alkaline battery technology is inexpensive, environmentally far friendlier than NiMH, NiCad and lead acid batteries and has no memory effects.
More importantly, this battery is far less expensive than lithium batteries of comparable capability. This battery technology is inherently safer than lithium batteries that can overheat and rupture. Although SymPowercos FE DMFC forms the heart of our Hybrid Power System
LEADERSHIP
John Davenport, President, CEO, Treasurer |
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