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Sign upCAPSolar Module
A solar module optimized for low-speed electric vehicles, extending their range and battery life
01.
Identification
CAPSolar designs and builds a solar-powered module optimized for road vehicle use, starting with low-speed electric vehicles - LSEVs.
These small vehicles pose a lot of problems for the environment and to the companies that possess them. Most of them are charged with electricity that has been harvested using non-renewable sources, such as coal and natural gases in the U.S. On top of that, their batteries require regular maintenance due to their short lifetime. This costs a lot of money to the companies and costs a lot to the environment in terms of CO2 emissions. To remedy these problems CAPSolar uses the energy from the sun, which is 100% free and clean, to power the batteries of these vehicles. By doing so we are able to increase the range of these vehicles by about 25% and the life of its batteries by 1 to 3 years. These advantages allow the companies to use their vehicles for longer and spend less money on maintenance, but most importantly, greatly reduce their CO2 footprint.
Label Date
December 16, 2020
By
CAPSolar
From
Canada
Maturity stage
Prototype testing in the real world
Looking For
Network, Visibility, Funding, Partners, Credibility
02.
The environmental benefits
- •The 560W solar module can increase the range of the vehicle by about 25%, which reduces the amount of charging stops
- •Increases the battery life from 1 to 3 years to reduce the amount of batteries that need to be produced, recycled and/or thrown away
- •The solar module allows us to save over 290kg of CO2 emissions per vehicle per year
- •Can save up to 7,200 kg of CO2e during the lifetime of the product
- •The module is predicted to be 96% recyclable and, interestingly enough, 80% of the solar components (solar cells) can be reused
03.
The Financial benefits
- •The customer can save 9,000$ on battery maintenance and charging costs during the lifetime of the vehicle
- •Offers a 250% higher cost efficiency compared to the closest competitor, which means that more performance is offered at a lower price
- •Payback time is 2 years and 8 months in North America, which is far less than the average payback time of 8 years for residential solar installations in the U.S
05.
Company Profile
CAPSolar
CAPSolar develops a first-of-its-kind solar module designed exclusively for Low Speed Electric Vehicles.
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Headquarters
Montreal, QC H3B 1X8, Canada
06.
Networking Partner
International Cleantech Network
The International Cleantech Network (ICN) is a global network of 13 cleantech clusters on the international forefront of providing innovative and sustainable solutions to meet the growing demand for green technologies.
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07.
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The information set out above, is solely for the purposes of information and the Solar Impulse Foundation does not provide any guarantee as to its authenticity, completeness or accuracy. This information does not constitute investment advice or a recommendation to buy into, transact or to enter into any agreement with any of the parties or persons mentioned above. Potential investors or interested parties are solely responsible for their investment or business decisions and for performing any due diligence required by the circumstances. The innovator CAPSolar has asserted ownership of the intellectual property rights for images, videos, and content showcased above, affirming full and unrestricted usage rights, and has provided explicit permission for the Solar Impulse Foundation to publish such information designated as "public" in the application form.