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Old 04-13-2016, 06:28 AM
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Default Australian gel-based battery technology attracts major UK finance

The plans of Australian nano-technology start-up Gelion to commercialise its potentially revolutionary battery storage technology has been boosted by an $11 million investment by UK renewables group Armstrong Energy.

According to Gelion, it has got the charge time for the battery down to just a few minutes, while its efficiency is at 90 per cent, which is higher than in your mobile phone. It also has a longer lifetime and is cheaper than lithium, and the gel is made out of a fire-retardant material.

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