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UCAP Power acquires Maxwell Technologies

Fri, 07/30/2021 - 13:08 -- Vic
UCAP Power

US-based UCAP Power has completed the purchase of fellow developer of ultracapacitor-based power solutions Maxwell Technologies Korea and other related assets including the Maxwell brand. 

The acquisition included all non-dry battery assets including patents, trademarks, brands, and the Maxwell Technologies Korea manufacturing plant and product lines. 

Troy Brandon, GM and VP at UCAP, told BEST: "When Maxwell Technologies bought Nesscap back in 2017 they structured those assets as Maxwell Technologies Korea. We bought those assets as well as others from Maxwell Technologies."

The purchase comes after Tesla sold back Maxwell Technology's ultracapacitor business and brand after acquiring it just over two years ago.

Gordon Schenk, CEO of UCAP Power, said: “We’re thrilled to combine Maxwell Technologies Korea’s ultracapacitor manufacturing capabilities and one of the largest patent and product portfolios in the industry with the growing family of products developed by UCAP Power.” 

Looking ahead, the company is focused on further growing the market for ultracapacitor-based solutions, with specific focus on three main areas: 

1.     Systems and application expertise - Moving beyond ultracapacitor as a component. 

2.     Intelligent electronics integration - Increasing value while reducing overall system costs. 

3.     Advanced chemistry and processes - Resetting traditional standards with a green emphasis. 

Schenk said: “We believe the combination of these three elements will better enable our customers to design, develop and deliver many promising energy storage solutions as we move forward into a more fully electrified world."

 

UCAP Power is a portfolio company of EvoNexus, California’s leading non-profit technology incubator and a member of Southern California Energy Innovation Network (SCEIN). 

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Tesla rolls out battery software ‘update’ after fires

Thu, 05/23/2019 - 11:38 -- John Shepherd
Tesla rolls out battery software ‘update’ after fires

Tesla has confirmed it is releasing a batteries software update to all its Model S and X cars in the wake of recent high-profile fires.

A Tesla spokesperson told BEST Battery Briefing the company was “revising charge and thermal management settings via an over-the-air software update to help further protect the battery and improve battery longevity”.

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Wolsky award goes corporate

Fri, 03/29/2019 - 09:01 -- Gerry Woolf
Shep Wolsky

In what looked a somewhat corporate decision, the Florida International Battery Seminar and its owners, Cambridge Enertech, have bestowed the Shep Wolsky Battery Innovator Award on a company, rather an individual— in the form of Maxwell Technologies.

The award— for dry electrode technology— perhaps received an even greater accolade earlier in the year from Tesla Motors, which signed a deal to acquire Maxwell.

Dry electrode technology, while not yet in production, is seen as an enabling technology to increase battery efficiency. Wolsky, who founded the Florida battery event more than 30 years ago, died in 2017.

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Maxwell acquires Nesscap Energy

Wed, 05/10/2017 - 10:02 -- Xuan Zhong
Maxwell acquires Nesscap Energy

California’s ultracapacitor firm Maxwell Technologies has announced that it has substantially completed its acquisition of the assets and business, including the operating entities, of Nesscap Energy, a South Korea-based ultracapacitor maker.

The Nesscap business includes research, development and manufacturing of energy storage and power delivery solutions with operations in Korea, Germany, and China.

 

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China to start making Maxwell Technologies supercapacitors

Thu, 02/09/2017 - 14:04 -- paul Crompton
China to start making Maxwell Technologies supercapacitors

US supercapacitor firm Maxwell Technologies is increasing its foothold in China’s motive industry after signing a definitive agreement with CRRC Qingdao Sifang Rolling Stock Research Institute (CRRC-SRI).

Under the terms of the agreement, manufacturing of the company’s ultracapacitor-based modules is set to begin in China during the second half of 2017.

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China first to embrace commercial use of lithium-ion capacitor

Tue, 11/15/2016 - 10:09 -- Xuan Zhong

US ultracapacitor-based energy storage firm Maxwell Technologies has confirmed the first commercial application of its lithium-ion capacitors as it continues to embrace the potential of China’s railway market.

The technology was developed in conjunction with Chinese rail manufacturer China Railway Rolling Stock Corporation (CRRC-SRI).

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Maxwell saves energy for China Railways

Fri, 08/05/2016 - 15:07 -- Vic
Maxwell Technologies logo

Maxwell Technologies, Inc. a leading developer and manufacturer of ultracapacitor-based energy storage and power delivery solutions, has announced its ultracapacitors are being used for regenerative braking energy storage in the Beijing subway system.

As part of the strategic partnership with China Railway Rolling Stock Corporation, Maxwell announced last year, the companies continue to collaborate to develop next-generation capacitive energy storage solutions for the China rail market.

The installation with the Beijing subway system is the first commercial subway wayside project for CRRC-SRI and Maxwell in China. CRRC-SRI will use Maxwell's 48-volt modules in two sets of regenerative braking energy storage devices for the system's No. 8 line, an urban rail network that runs north-south through China's capital.

The devices fulfill China rail requirements for energy savings and environmental protection, creating an ideal opportunity for ultracapacitor application.

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Maxwell Technologies ups ante with new 3V ultracapacitor cell

Fri, 03/04/2016 - 12:49 -- paul Crompton
Maxwell Technologies ups ante with new 3V ultracapacitor cell

US ultracapacitor company Maxwell Technologies has launched a higher voltage cell as it continues to target the transport, wind and grid application markets.

The ultracapacitor-based energy storage and power delivery developer and manufacturer has added a 3-volt (3V), 3,000-farad ultracapacitor cell to its K2 range.

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Ultracapacitors to power Chinese and US transport industry

Fri, 08/28/2015 - 12:04 -- paul Crompton
Ultracapacitors to power Chinese and US transport industry

US-based ultracapacitor manufacturer Maxwell Technologies has signed a deal to develop energy storage technology for the Chinese rail market.

The long-term strategic partnership agreement with China Railway Rolling Stock Corporation’s (CRRC) Qingdao Sifang Rolling Stock Research Institute covers the joint development of the technology.

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