Photo - Air Battery by LiGE - Leaper Innovative Green Energies
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Air Battery by LiGE - Leaper Innovative Green Energies

Cleantech renewable energy storage with a 30+ year lifespan

South Africa
Market: Another
Stage of the project: Prototype or product is ready

Date of last change: 16.09.2020
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Idea

The “Air Battery” converts any form of energy including solar, wind, and grid and stores it as compressed air which can be released anytime to generate power on demand.
Our next generation CAES technology can store and generate electricity and is perfect for renewable installations and mini grid applications.

The Air Battery is one of the few products in the world that actually contributes to the well being of the earth and its patented technology can generate unlimited clean water from the 300 million billion litres of water in the air at any given time.

Current Status

Completing last R and D Milestone, then to commercialisation

Market

All segments requiring continous energy and/or clean water

Segment Definition Mark Size
550,000 Compelling Reason for Adoption Reason for
Non-Adoption
UPS Market with longer than 4 hrs storage
Large Power Users South Africa
16,000 • Saving on power costs
• Peak shaving
• Peak demand Costs
• Stable power supply
• Critical systems control • Presently spend money on alternative solutions
• Generators
• Long decision-making time
• Unknown technology
Renewable Energy Storage
Large Power User South Africa
9,000 • Poor power reticulation
• Critical systems control
• Reluctance to use batteries
• Generator Fuel running costs too high • Unknown technology
Add on to other tech
Gasification plants etc
Joint Ventures Large unit sizes 10/50 MWH systems
10% penetration • Reduction of costs on overall system
• Storing of energy • Unknown technology
Residential 1million in SA have access bonds • Poor power reticulation
• Non lifestyle change
• Wanting renewable solutions
• Rental • Once-off costs
• Comfortable with paying utility

Problem or Opportunity

Need manufacturing capacity to fill orders

Solution (product or service)

Identify and license various country and regional manufacturers under a royalty licensing scheme

Competitors

there are 2 CAES manufacturers currently in operation which are very large scale, immovable and permanent installations. Air Battery has no competitors who are producing next generation Air Batteries which are transportable or scaleable.

Advantages or differentiators

Award winning Air Battery – the most innovative, next generation CAES clean energy storage unit which uses no chemicals whatsoever, is 200-400% more cost effective than deep cycle batteries or generators and has a 30+ year shelf life.

The Air Battery is not only mini grid friendy and the perfect companion for any solar or wind farm installation - it is transportable yet infinitely scaleable, zero disposal issues, one of the highest efficiency factors in the world with no performance degradation during its entire lifespan and the AIR BATTERY has the ability to generate unlimited CLEAN PURE WATER from the 38 million billion gallons of water in the air at any given time.

The Air Battery has the following unique features:
• One charge and discharge is called a cycle. The system charges and discharges once a day i.e. one cycle.
• The pressure vessels (key components) are tested for more than 30,000 cycles. This relates to more than 30 years in operation. Batteries charge cycle is 3,000 cycles – lifespan of approximately 3-5 years then it must be replaced.
• Air Battery is an environmentally friendly product – no harmful by-products, emissions or non-recyclable components compared to batteries and generators
• Air Battery has no carbon emissions.
• Efficiencies of approximately 74%+ battery efficiency is less than 60% based on operational applications
• Air Battery carries a 5-year warranty; there is no warrantee on battery systems.
• Air Battery tracks and measures energy usage. On other storage systems tracking is usually an add-on and costs are high.
• Air Battery can be wired directly into current electrical infrastructure; other systems require additional technologies i.e. costly inverters and chargers to ensure their operation.
• Financial savings over the 30-year life-span, life-span of batteries are less than 5 years.

AIR BATTERY
https://lnkd.in/d-ufWkJ
https://lnkd.in/d6nBeYd
https://lnkd.in/dDdMAYi

Finance

30 year lifespan

Build cost currently - USD600 per kwh
Operating cost 4 cents per kwh

After manufacturing - approx 35% less/375-400 USD
operational cost is the same

Business model

Identify and license manufacturing and sales and marketing partners in all regions who have epressed interest or ordered

Money will be spent on

-Further development of existing and new compression innovations - eg: water only generator and desalination innovation
-Identification of manufacturing facilities
-Marketing

Offer for investor

In the process of negotiations per each investor

Team or Management

Risks

Small scale hydrogen?

Incubation/Acceleration programs accomplishment

Founder Institute
Seedstars

Won the competition and other awards

2019 Southern Africa Startup Awards

Invention/Patent

2012/07661

Product Video

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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video