EcoloCap Solutions Inc. today announced that the Company has retained Enersol Energy System Solutions, a leading battery and energy system consulting firm in the U.S., to finalize its plans to build a production facility in Seoul, Korea and begin manufacturing its proprietary Nano Lithium X Battery.
In conjunction with EcoloCap's personnel in the U.S. and South Korea, Enersol will first conduct a needs analysis for the proposed production facility. Subsequently, Enersol will determine the physical layout, the equipment required, and perform a cost analysis. The Enersol report will serve as a basis for the construction of the facility, the purchasing and layout of the plant and equipment with the goal of maximizing production and quality while controlling cost.
The Nano Lithium X battery's superior energy reserve represents a 50%+ cost advantage in the lithium battery market, and a marked competitive advantage over upper-end lead acid batteries for large storage applications, including the growing solar and wind energy markets.
Batteries for these new applications need to be light-weight, compact and have a wide operating temperature range. Solving the problems of traditional lithium-ion batteries, EcoloCap's Nano Lithium X technology surpasses these requirements with its high-density storage capability and efficient performance in rugged environments.