Product category: Capacitors
News Release from: Maxwell Technologies
Edited by the Electronicstalk Editorial Team on 31 January 2007
Chinese plant set
to start on ultracapacitors
Maxwell Technologies has received a purchase order for 100,000m2 of its proprietary ultracapacitor electrode material from Shanghai Sanjiu Electric Equipment Company
Maxwell Technologies has received a purchase order for 100,000m2 of its proprietary ultracapacitor electrode material from Shanghai Sanjiu Electric Equipment Company, which is preparing to introduce a line of ultracapacitor products based on Maxwell's cell architecture and high-performance electrode for the Chinese transportation, electric utility and industrial markets, with a specific focus on Shanghai.
This article was originally published on Electronicstalk on 31 January 2007 at 8.00am (UK)
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The order is to be filled over the balance of 2007, based on Sanjiu's planned production of 100,000 large cell 3000F ultracapacitors cells for the year.
It was placed under the terms of an April 2006 ultracapacitor technology licence and exclusive electrode material supply agreement between Maxwell and Sanjiu's joint venture parent companies, Shanghai Urban Electric Power Investment Development Corporation (SUEP) and the Ruihua Group.
Dr Richard Balanson, Maxwell's President and Chief Executive Officer, said that while Maxwell has been establishing separate manufacturing facilities and its own sales and distribution organisation to market Maxwell's Boostcap ultracapacitor products in China, the alliance with Sanjiu will accelerate penetration of the very large and rapidly growing Chinese market.
'The financial resources of Ruihua and SUEP and their networks of affiliated power utility and manufacturing companies and distribution channels will enable Sanjiu to expand ultracapacitor sales in China more broadly and rapidly than Maxwell could on its own', Balanson said.
'In addition to generating high-volume sales of our electrode material, this relationship may also provide an additional future option for offshore ultracapacitor assembly capacity to meet growing worldwide demand for our Boostcap products'.
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Hong Yuan Shuai, Chairman and Chief Executive Officer of the Ruihua Group, said that Sanjiu already has produced and delivered a variety of prototype electric and hybrid buses, trucks and other vehicles powered by drive systems employing a combination of batteries and Boostcap ultracapacitors for energy storage and regenerative braking.
He noted that Sanjiu also is developing ultracapacitor-based power conditioning systems to enhance the reliability of electric utility infrastructure through its affiliation with SUEP, which operates a significant portion of the utility grid in Shanghai.
'We have identified substantial and immediate demand for ultracapacitor-based energy storage and power delivery systems for a broad range of transportation, industrial and utility applications', Shuai said.
'Maxwell's ultracapacitor cell and module designs, manufacturing knowhow and high-quality, low-cost, electrode material have been instrumental in helping us to rapidly build a new company and develop a line of products to meet that demand.
Balanson said that Maxwell has provided training and technical support and documentation for Sanjiu personnel in cell and module assembly at Maxwell's facility in San Diego, and at Sanjiu's new plant in Shanghai.
He emphasised that Maxwell will continue to manufacture its proprietary ultracapacitor electrode material internally, and that the licenses and technology transfer arrangements with Sanjiu specifically exclude Maxwell's carbon film electrode technology.
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