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Energy Storage and America's New Energy Economy

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Please Join us:
Aug. 10, 2010 - 11:00 am

EnerG2, Inc. will be hosting a manufacturing plant dedication ceremony will on August 10th, 2010 at the future site of the EnerG2 Advanced Energy Storage Manufacturing Plant. The event will commence at 11:00am at the address provided on the map to the right.

This first-ever commercial-scale production of engineered synthetic high-performance carbon for the purposes of energy storage was made possible by a $21.3 million Federal stimulus grant allocated by the US Department of Energy for makers of advanced automotive batteries and energy storage technologies. Over the next 18 months EnerG2 will build the facility to produce advanced nano-structured materials for ultracapacitor electrodes, which will ultimately be utilized in electric- and hybrid-drive vehicles.

WHO WILL ATTEND?

Federal, State and Local public and elected officials; the citizens and business community of Albany, Oregon; EnerG2 strategic partners; employees of EnerG2 and Oregon Freeze Dry (an Albany-based partner of EnerG2); and media.

WHY IS THE MANUFACTURING PLANT IMPORTANT?
This facility, which will generate the first-ever commercial-scale production of engineered synthetic highperformance carbon for the purposes of energy storage, was made possible by a $21.3 million Federal stimulus grant allocated by the US Department of Energy for makers of advanced automotive batteries and energy storage technologies. The development of new technologies to store energy and create a more energy efficient way of life requires public sector involvement and collaboration with private enterprise. This plant is a clear example of the industrial prowess that the Department of Energy stimulus package was intended to create; the job implications
will extend well beyond Oregon.

WHAT ROLE DO THE ALBANY, OREGON CITIZENS AND BUSINESS COMMUNITIES HAVE IN THIS PROJECT?
Locally, the plant will create at least 35 permanent high-quality jobs in its first phase of capacity and is expected to create over 50 construction jobs, all in the Albany area, over the next 18 months. Furthermore, long-time Albany industrial leader Oregon Freeze Dry (OFD), a current EnerG2 manufacturing partner, will bring significant experience and expertise to the project. The plant, when complete, will be a center of excellent for energy storage technologies, not only in Oregon, but also in the larger Pacific Northwest region.

WHAT IS ENERG2?
Based in Seattle, EnerG2's state-of-the-art approach to energy storage revolves around advanced engineered materials for energy storage. The company's flagship produce is a synthetic carbon material that has been customized to enhance energy and power density in ultracapacitors, one of the essential engines of our clean technology future. EnerG2 has a strong track record of backing from the public and private sectors. Among the company's supporters: the University of Washington, the Washington Technology Center, a state-supported economic development agency that finances applications of university research, WRF Capital, the Sustainability Investment Fund, Northwest Energy Angels, the Frontier Angel Fund, OVP Venture Partners, Yaletown Venture Partners and Firelake Capital Management.

WHAT WILL THE PLANT PRODUCE?
The stimulus funds will be used to help build, in Oregon, the world's first facility dedicated to the commercial-scale production of engineered synthetic high-performance carbon for the purposes of energy storage. On a national scale, the plant will produce a material that can spur domestic production of energy storage devices and electric drive vehicles.

WHAT ARE ULTRACAPACITORS?
Ultracapacitors, which are dependent on the performance of their materials, store and release more energy faster than conventional batteries. The size and make-up of the electrodes and surface area help ultracapacitors store and supply large bursts of energy; the materials also effectively enable limitless cycle life. Ultracapacitors have been identified as a key enabling technology for electric- and hybrid-drive vehicles.

 
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