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Electrovaya Inc T.ELVA

Alternate Symbol(s):  ELVA

Electrovaya Inc. is a Canada-based lithium-ion battery technology and manufacturing company. The Company designs, develops and manufactures lithium-ion batteries and battery systems for energy storage, clean electric transportation, heavy duty electric vehicles and other specialized applications based on its Infinity Battery Technology Platform. The Company is focused on contributing to the prevention of climate change by supplying safe and long-lasting lithium-ion batteries. The Company is also developing next generation solid state battery technology at its Labs division. The Company has two operating sites in Canada and has a 52-acre site with approximately 135,000 square foot manufacturing facility in New York state. Its battery products are used across various applications, including material handling, e-mobility and energy storage.


TSX:ELVA - Post by User

Bullboard Posts
Comment by GerritEtmanson Feb 27, 2012 1:03pm
231 Views
Post# 19592005

RE: RE: RE: EFL Future Focus???

RE: RE: RE: EFL Future Focus???

I cannot for the life of me understand the logic behind storing PV generated power into a battery.

Simple: Solar production peak occurs around noon, power usage peak is during morning rush hour and after 4pm until about 6:30pm, when those returning home crank up the A/C, the stove, and put their just purchased stuff in the fridge.

Certainly APS (EFL's customer) intends to use the BESS exactly for solar power storage.

Bullboard Posts