Solaris Power Cells, Inc. (OTCQB: SPCL) is a diversified
green energy storage manufacturer offering residential and commercial users
turnkey, renewable energy solutions. The company’s proprietary Solaris Power
Cell™ utilizes a printed circuit board assembly to provide lead-free,
solid-state energy storage that’s both fully renewable and
environmentally-friendly.
Although batteries are a common solution for the storage of
renewable energy, these systems present engineers with a host of limitations –
including short life cycles, high maintenance costs and negative environmental
impact. The company’s power cell addresses these shortcomings through its
innovative PESA™ (Passive Electron Storage Array). This system utilizes solar
panels to charge the array, and, when renewable energy is no longer available,
the PESA distributes its stored energy where it’s needed.
The potential market for Solaris’s groundbreaking energy
storage system is vast, and it is expected to continue growing in the years to
come. According to a report by research firm IHS, the global energy storage
market is expected to reach six gigawatts in 2017, which would be an increase
of more than 1,750 percent over 2013. Among this growth, the United States is
expected to be the largest market for grid-connected energy storage
installations.
Solaris also markets its PESA technology in an innovative
e-cigarette application. Like all of the company’s products, the F-Series Vapor
Mod operates battery-free, allowing for dramatically improved charging speeds
and unparalleled lifecycle duration. In June, Solaris announced the release of
its unique tobacco-alternative in four custom colors to capitalize on the sales
potential presented by the rapidly expanding vaping market. According to The
Smoke-Free Alternatives Trade Association, the e-cigarette industry is expected
to exceed $10 billion by 2017.
Solaris is in a strong strategic position to make an impact
in a variety of potentially lucrative market sectors. For prospective
shareholders, Solaris’s innovative approach to the commercialization of its
proprietary energy storage technology makes the company an intriguing
investment opportunity moving forward.
For more information, visit www.solarispowercells.com
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