- HPQ and Apollon Solar renew their agreement to pursue the development of silicon materials for energy storage and hydrogen production
- The goal of this collaboration is to produce porous silicon samples with the Apollon process for research centres and industrial companies to use in the manufacture of future generation Li-Ion batteries and supercapacitors
- HPQ Silicon Resources (HPQ) is a Quebec-based company that offers innovative silicon (Si)-based solutions for battery and electric vehicle manufacturers
- HPQ Silicon Resources stock is up 7.00 per cent, trading at C$1.07 at 2 pm EST
HPQ Silicon Resources (HPQ) and Apollon Solar renew their agreement to pursue the development of silicon materials for energy storage and hydrogen production.
The goal of this collaboration is to produce porous silicon samples with the Apollon process for research centres and industrial companies to use in the manufacture of future generation Li-Ion batteries and supercapacitors.
“HPQ continues its research, development and commercialization activities with respect to nano-sized and porous silicon materials in order to be at the forefront of low-cost manufacturing of silicon materials for batteries, clean hydrogen production and other advanced applications. Since 2017, our collaboration with Apollon has allowed us to benefit from its world-renowned expertise in the use of silicon in high value-added applications,” said Bernard Tourillon, Chairman and CEO of HPQ Silicon Resources Inc.
The work plan for the upcoming months is to produce porous silicon samples with the Apollon process for research centres and industrial companies interested in using them in the manufacture of future generation Li-Ion batteries and supercapacitor development, as well as to collaborate on the development of protocols for encapsulating porous silicon and nanoscale silicon materials produced with HPQ’s Nano PUREVAP™process.
The partners will also use this time to compare the technical and commercial potential of nanoscale and porous silicon materials to create new generations of environmentally friendly powders with better performance for hydrogen production.
To reduce the production costs of porous silicon, Apollon has developed and patented worldwide an electrochemical anodizing process capable of using silicon (2N to 4N+) to make porous silicon.
By using HPQ’s PUREVAP™ QRR, silicon (2N to 4N+) with the lowest manufacturing cost in the industry, as the raw material for Apollon’s patented porosification process, the production of porous silicon becomes more economically viable.
HPQ maintains a North American exclusivity on the use of Apollon’s patented porous silicon manufacturing process for the duration of the renewal period, until June 30, 2021.
The agreement also gives HPQ the right to commercialize the system developed by Apollon, on an exclusive basis in Canada, and non-exclusively in the United States, while distributing and selling the powders required to produce hydrogen
The agreement includes a clause regarding the review of other emerging advanced applications that could use micrometer and nanometer silicon materials produced with HPQ’s Nano PUREVAPTM NSiR for research centres and industrialists working on their uses in high-tech sectors.
“HPQ’s Silicon R&D Consortium has the depth and flexibility to meet the challenges, as we strive to produce products for renewable energy storage participants and electric vehicle manufacturers, who are searching for cost-effective ways of increasing the Silicon contained in their batteries. Silicon’s potential to meet energy storage demands is undeniable, generating massive investments and serious industry interest.
We are very confident that the Silicon materials we are producing, with our expected low-cost scalable processes, will be in high demand for batteries, and by EV manufacturers and other participants in the ongoing renewable energy revolution,” added Bernard Tourillon, CEO of HPQ-Silicon Resources.
HPQ-Silicon Resources is up 7.00 per cent, trading at C$1.07 at 2 pm EST.
