HK start-up launches zero-pollution energy storage system

on December 24, 2016

networks-asiaHong Kong start-up Ampd Energy has launched a novel energy storage system that offers an environmentally friendly and reliable alternativeto pollutive diesel generators for developing countries to deal with frequent blackouts.

The next-generation energy storage system branded Ampd Silo uses a rechargeable lithium-ion battery to store electricity when power is available, and then provides energywhen the main power source fails. It can be used to replace backup diesel generators that are widely used in the developing world to cope with blackouts caused by inadequate electricity production or poor energy infrastructure.

Ampd is an incubatee of the Hong Kong Science and Technology Park Corporation (HKSTP). The company joined HKSTP’s Incu-Tech incubation programme in 2015.

“This technology is at the forefront in the industry,” says HKSTP ChiefCommercial Officer Andrew Young.

“It could improve the quality of living for people and contribute to enhance global eco-friendliness. We are glad to see that Ampdhas benefited from the Park’s advanced lab facility and I&T ecosystem. HKSTP is eager to support the development of such technology that contributes to greener and smarter cities.”

For debilitating blackouts in developing countries

The launch of Ampd Silo is especially good news to countries like Indonesia and India, where daily power outages affect millions of lives. A 2016 PWC report estimatesthat the Indonesian manufacturing sector alone loses around US$415 million annually from blackouts.

Diesel generators are often used to keep cities going and hospitals running during blackouts, but such generators pollute the environment and affect people’shealth.

Ampd Silo will offer a clean and safe alterative to help countries with weak electricity grids, like Indonesia, to keep residential, commercial and industrial applicationsin operation during power cuts. Ampd’s sole distribution partner in Indonesia, Yakin Wijaya, who is Director of PT Praptadaya Sumber Perkasa, applauded Ampd’s breakthrough technology. “Ampd Silo has the potential to transform the way Indonesian companies operate.It will increase productivity, allowing companies to focus on their core businesses,” he said.

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Networks AsiaHK start-up launches zero-pollution energy storage system