Enertopia Announces
Filing of First Provisional
Patent
Kelowna, British
Columbia -- May 25, 2021 -- InvestorsHub NewsWire
-- Enertopia
Corporation ("Enertopia''
or the "Company") a company focused on building shareholder value
through a combination of our Nevada Lithium claims, intellectual
property, & patents in the green technology space is pleased to
provide the following update.
Our Patent Attorneys have
informed us our first provisional patent has been filed with the
USPTO. This filing is the result of our continued diligence
in striving for a more economically and environmentally friendly
way to extract lithium from the Claystone at our Nevada Lithium
claims.
This technology will allow us
to create a closed system loop where only solar energy is used to
both start and complete the Li solutions processing. This
will be done by taking the excess heat from solar panels and using
it to heat our created Li brine solution to the desired ambient
temperature of 122F to 140F during the 3 - 4 hour processing cycle. Any
excess process water will be kept in insulated storage tanks for
use as new batches of Li solution begin processing.
Additionally, excess PV production will be stored by batteries and
controlled by a BMS (Battery Management System).
As Enertopia moves forward towards our
goal of creating a low carbon pilot plant, we realized that there
were certain inefficiencies associated with PV panels that could be
used to our advantage while processing the lithium claystone found
on our claim. In particular, we
found that the PV
panels are subject to significant heat stress as temperatures
rise. Manufacturers generally rate PV panels at a temperature
of 77F, while fieldwork in the desert of Nevada showed temperatures
on the back of the panels regularly exceeding 140F, damaging the PV
panels (resulting in a shorter life span) while also losing
significant output. Our provisional patent directly
addresses this issue.
The effect of
temperature on solar panel efficiency
Another goal of this project
will soon be put through beta testing and monitoring
verification. Upon completion of this testing phase, an unnamed 3rd
party that has a three-megawatt solar array has agreed for us to do
real-time comparative testing on their PV
sub-arrays. The goal will
be to increase
their PV production while
simultaneously removing the heat stress, which will, in turn, prolong the
life of their PV panels, a common problem associated with running solar
arrays in hot, arid regions.
As with most electronic
equipment, excess heat can be a killer and solar panel arrays are
no different. The performance of solar panels decline
as they heat up,
and decreased power output is the result. The industry
manufacturers rate their products' susceptibility to increasing
panel temperature, where It is standard practice to test solar
panels for power output at 77 °F. So, if a panel is rated to have a
temperature coefficient of -0.50% per 1.8°F above 77 °F, that
panel's output power will decrease by half of a percent for every
1.8F degrees the temperature rises above (77 °F). With it being
common for PV panels to reach temperatures of 137F, a solar array
being 60F into the heat stress zone would equal a decrease of 15%
or more on the solar array output.
Other aspects of heat stress
include heat fatigue causing permanent PV cell failure, string loss
downtime, and 100% production loss.
With over 1.2TW (Terawatts)
of worldwide PV installed capacity, and another 100 Gigawatts of PV
capacity coming online per year, the inefficiencies that are
currently experienced due to overheating are quite extensive and
expensive. As the world transitions to a low carbon-based
energy system, we feel that there is a large
untapped market for the Enertopia technology beyond just the
processing of lithium claystone. Our technology has been
designed so that it can be retrofitted onto existing PV panels, and
we are confident that our upcoming trial run at the
3-megawatt
solar array will
validate the results we have seen in our own field
experiments.
Expected benefits of using
the Enertopia Technology:
- A Potential increase of
>10% or greater on an annual basis in electrical PV system
output
- Removal of panel heat
stress, which is a major contributor to below
nameplate output and panel failure.
- Substantial Increase in PV
System lifetime, thus improving the ROI for all users from home use
to utility-scale solar projects.
"Our technical team continues
to evaluate synergistic opportunities." Stated CEO Robert
McAllister "Enertopia has made great strides
forward in the last year by continuing to develop our Nevada
lithium property, expanding into Green Technology has resulted in
several opportunities that we continue to investigate in improving
mining and society at the same time."
Conclusion:
We continue to believe that
the Lithium hosted claystone deposits in Nevada will become major
sources of Lithium production in the 2020s while offering the
United States a secure domestic supply of battery-grade Lithium
products. We are also excited to see and witness the convergence of
several technologies that are changing the very way we produce and
consume electrical energy amidst the growing opportunities for a
better world.
The Company thanks the
shareholders for their questions. We continue to work diligently
and methodically along our path that we believe over time will
benefit all current stakeholders the most.
About
Enertopia:
A Company focused on using
modern technology on extracting lithium and verifying or sourcing
other intellectual property in the EV & green technologies to
build shareholder value.
Enertopia shares are quoted in the
United States under the ticker symbol ENRT. For additional
information, please visit www.enertopia.com
or call Robert
McAllister, the President at 1-888-ENRT201.
This release includes
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. Statements which are
not historical facts are forward-looking statements. The Company
makes forward-looking public statements concerning its expected
future financial position, results of operations, cash flows,
financing plans, business strategy, products and services,
potential and financing of its mining or technology projects, growth
opportunities, plans, and objectives of management for future
operations, including statements that include words such as
"anticipate," "if," "believe," "plan," "estimate," "expect,"
"intend," "may," "could," "should," "will," and other similar
expressions that are forward-looking statements. Such
forward-looking statements are estimates reflecting the Company's
best judgment based upon current information and involve a number
of risks and uncertainties, and there can be no assurance that
other factors will not affect the accuracy of such forward-looking
statements., foreign exchange and other financial markets; changes
in the interest rates on borrowings; hedging activities; changes in
commodity prices; changes in the investments and expenditure
levels; litigation; legislation; environmental, judicial,
regulatory, political and competitive developments in areas in
which Enertopia Corporation operates. There
can be no assurance that the testing for the brine recovery system
will be effective for the recovery of Lithium and if effective will
be economic or have any positive impact on Enertopia, or that current talks with
respect to potential joint ventures or partnerships will result in
definitive agreements. There can be no assurance that patent
#6,024,086 will have a positive impact on Enertopia. There can be no assurance
that provisional patents will become patents. The User should refer
to the risk disclosures set out in the periodic reports and other
disclosure documents filed by Enertopia Corporation from time to time
with regulatory authorities.
The OTC has not
reviewed and does not accept responsibility for the adequacy or
accuracy of this release
Grafico Azioni Enertopia (QB) (USOTC:ENRT)
Storico
Da Nov 2024 a Dic 2024
Grafico Azioni Enertopia (QB) (USOTC:ENRT)
Storico
Da Dic 2023 a Dic 2024
