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Backup power
Backup power is a $2B market in the U.S. alone.
There are many applications for backup electrical power, such as in
mission-critical technologies (computers, hospitals,
telecommunications). In the case of telecommunication towers for cell
phones, 8 hours is mandated by law. Typically, backup is provided by
batteries or capacitors, but more and more by fuel cells and gensets.
Consider the telecommunication towers: most of these are in remote, hard
to reach areas. There is an installed base of 2,000 fuel cells of 5 kW
capability for backup power, and many of these are installed at cell
towers. Getting the heavy hydrogen cylinders to the site often requires
that the fuel cell supplier trucks the final leg of the trip themselves.
Sometimes, even a crane is required to lift and place the cylinder over
trees from the road.
This will be a lucrative niche market for Nanoptek. First, because only
8 hours of backup are required, the collecting unit area need not be
very large: one to four of our tracking solar hydrogen generators. This
is because for backup power we have the luxury of time. The need by
definition is intermittent, so the collection area for the sunlight can
be greatly reduced. And because we will make the hydrogen onsite, the
costly and difficult proposition of the hydrogen cylinder placement is
eliminated. Our pure and carbon-free product ensure that the fuel cell
will not be fouled, and will live to its specified lifetime.
In short, Nanoptek’s Solar Hydrogen Generators will continuously produce
and store hydrogen for use in intermittent power drops, for remote site
locations, telecommunication stations, hospitals, or other applications
where power continuity is critical. This market provides numerous
opportunities for strategic alliances.
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