Eco Innovator March 2012
Six Commercialisation Australia Grants
Six cleantech companies were among the recipients of the latest round of grants from Commercialisation Australia.
NSW based CAP-XX (Australia) Pty Ltd received $250,000 for its Surface Mount Supercapacitor. These are very compact high-power energy storage devices for portables. CAP-XX has developed a thin form supercapacitor for use in surface mount circuit board manufacture. This will greatly increase the opportunity for supercapacitors in mass market products such as mobile phones, cameras, notebooks, digital music players, medical devices and automotive applications.
The Commercialisation Australia Proof of Concept grant will assist CAP-XX to produce a packaged device and get its new surface mount device (SMD) supercapacitor to market.
In January CAP-XX announced that its supercapacitors have passed the Underwriters Laboratory (UL) 810A Safety Standard for Electrochemical Capacitors. The standard puts supercapacitors through rigorous tests to ensure they are safe for use in electronic products such as tablet and handheld PCs, mobile phones, cameras, solid state disks (SSDs), location-tracking devices, smart meters, battery-free condition-monitoring systems, and small uninterruptible power supplies.
NSW based Australian BioRefining Pty Ltd received $860,031 for the commercialization of its technology for the recovery and regeneration of used acid, such as sulphuric acid, from mining and industrial wastes, and the concurrent recovery of metals from the same process streams.
The Commercialisation Australia funding will be used to complete pilot trials. The information gained from the trials will be used to tailor the technology to new industries. There are opportunities in coal seam methane water treatment, industrial recovery of hydrochloric acid from steel finishing industries and in environmental remediation of water contaminated by acid mine drainage.
Qld based Hydrexia Pty Ltd received $762,806 for its solid state hydrogen storage system for industrial and refueling applications. Hydrexia is commercializing a safe, high capacity, low cost hydrogen storage system based on proprietary magnesium alloy hydride technology.
The Commercialisation Australia funding will provide customer validation of the product's technical performance, operation and cost and its integration within the supply and delivery chain.
In January CAP-XX announced that its supercapacitor energy-storage devices have passed the Underwriters Laboratory (UL) 810A Safety Standard for Electrochemical Capacitors. The standard puts supercapacitors through rigorous tests to ensure they are safe for use in electronic products such as tablet and handheld PCs, mobile phones, cameras, solid state disks (SSDs), location-tracking devices, smart meters, battery-free condition-monitoring systems, and small uninterruptible power supplies.
Comparison of solution size and energy density: electrolytic capacitor and Cap-XX supercapacitor.
WA based Magellan Powertronics Pty Ltd received $248,340 for supplementation of aging Single Wire Earth Support (SWER) electricity distribution networks with new energy storage technologies. Magellan Powertronics has developed a Grid Power Support (GPS) system to boost reliability and capacity for SWER electricity networks that were introduced to Australia in the 1940s.
The company says getting lighter and smaller stand alone systems into grid-critical parts of the network is crucial. The funding from Commercialisation Australia will be used to develop the solar components of the GPS innovation and to develop a lighter, more compact model of the system for a major Australian energy company. These improvements are said to be key requirements for the commercialization and broad adoption of the GPS system.
WA based Resource Mining Corporation Ltd (RMC) received $250,000 for its innovative hydrometallurgical process that uses bio renewable citric acid to extract nickel from limonite and saprolite ores in a way that is more cost effective and environmentally friendly than existing processes.
The grant will be used for proof of concept test work and a scoping study to establish the design of a commercial processing plant.
Qld based Hydrasyst Pty Ltd received $50,000 towards the commercialization of a new waste water treatment process to recycle domestic, commercial and industrial waste grey water.
Utilizing an exclusive ceramic membrane technology, the Hydrasyst system can typically save users up to 30 per cent on energy and running costs and deliver high water quality output with a water recovery rate of more than 75 per cent.
The modular system comes in several sizes and has a small footprint that allows it to be fitted in situ or retro fitted to existing systems.
The grant will be used to develop a detailed business plan, including financial forecasts, and create long-term implementation and marketing plans to commercialize the product.
$10.4 million was awarded by Commercialisation Australia to 28 innovative businesses in the latest round.
The Minister for Industry and Innovation, Greg Combet, said the Gillard Government was committed to backing Australian entrepreneurs, to improve efficiency and productivity.
In two years, the Commercialisation Australia program has assisted 205 innovators with funding of $82.1 million.
Search Eco Investor