Maxwell's lithium-ion capacitors combine ultracapacitors' high power density with lithium-ion batteries' high energy density for onboard energy storage systems. Compared to traditional ultracapacitors, lithium-ion capacitors triple energy density and reduce the total weight of the energy storage system by 50 percent.
"As railways continue to be a dominant form of transportation in China, rail infrastructure increasingly needs dependable energy saving technologies," said Liu Baoming, chairman of CRRC-SRI. "Maxwell Technologies' lithium-ion capacitors fill that market demand today and ensure our trolleys are constantly moving. We've continued to place our trust in Maxwell and its energy storage expertise and look forward to working together to meet the needs of the growing China market."
"The commercial use of lithium-ion capacitors represents a transformation in the energy storage industry and a significant opportunity for Maxwell to revolutionize the way power is distributed in rail applications in China," said Dr. Franz Fink, president and CEO of Maxwell Technologies. "Maxwell's lithium-ion capacitors are the perfect solution for the growing rail market. As demand for energy storage solutions increases, we believe there is a large opportunity to use the technology in even more applications, such as grid firming, wind pitch control and robotics, to drive future revenue growth."
Additional Maxwell Technologies information:
About Maxwell: Maxwell is a global leader in the development and manufacture of innovative, cost-effective energy storage and power delivery solutions. Our ultracapacitor products provide safe and reliable power solutions for applications in consumer and industrial electronics, transportation and telecommunications. Our high-voltage grading and coupling capacitors help to ensure the safety and reliability of electric utility infrastructure and other applications involving transport, distribution and measurement of high-voltage electrical energy. For more information, please visit our website: www.maxwell.com.
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SOURCE Maxwell Technologies, Inc.