Enertopia Announces Filing of Two Pending Patent Applications – Form 8-K
Enertopia Corporation Announces Filing of Two Pending Patent Applications
Kelowna, British Columbia–(Newsfile Corp. – May 25, 2022) – Enertopia Corporation (OTCQB: ENRT) (“Enertopia” or the “Company”), a company focused on creating shareholder value through a combination of our Nevada lithium claims, intellectual property and patents in the field green technologies, is very pleased to provide the following update.
Our patent attorneys have informed us that our first two provisional patent applications have been converted to non-provisional patent applications and submitted for examination by the USPTO. These deposits are the result of our continued diligence in finding a more economical and environmentally friendly way to extract energy from waste heat and we believe that these systems will have useful applications in residential, commercial and mining applications.
This technology will allow us to create a closed system loop where only solar energy is used to start and complete the processing of lithium solutions. This will be done by taking the excess heat from the solar panels and using it to heat a lithium brine solution to the desired room temperature of 122F to 140F for the 3 to 4 hour treatment cycle. Any excess process water will be kept in insulated storage tanks for use when new batches of lithium solution begin processing. In addition, excess PV production will be stored by batteries and controlled by a BMS (Battery Management System).
As Enertopia progresses towards our goal of creating a low-carbon pilot plant, we realized that there were certain inefficiencies associated with photovoltaic panels that could be used to our advantage when processing the lithium clay found on our dealership. In particular, we have found that photovoltaic panels are subject to significant thermal stress when temperatures increase. Manufacturers typically rate PV panels at a temperature of 77 F, while fieldwork in the Nevada desert has shown temperatures on the back of panels regularly exceeding 140 F, damaging PV panels (resulting in life shorter life) while losing significant production. Our patent application directly addresses this problem.
The effect of temperature on the efficiency of solar panels
Another goal of this project will soon undergo beta testing and monitoring verification. At the end of this test phase, an anonymous third party who owns a three megawatt solar panel agreed that we carry out real-time comparative tests on their photovoltaic sub-panels. The goal will be to increase their photovoltaic output while simultaneously removing thermal stress, which in turn will extend the life of their photovoltaic panels, a common problem associated with operating solar panels in hot, arid regions.
As with most electronic equipment, excessive heat can be deadly and solar panels are no different. The performance of solar panels decreases as they heat up, resulting in a decrease in power output. Manufacturers in the industry rate the sensitivity of their products to increased panel temperature, where it is common practice to test solar panels for power output at 77°F. Thus, if a panel is rated to have a temperature coefficient of -0.50% per 1.8°F above 77°F, the power output of this panel will decrease by half a percent for each 1.8°F above which the temperature rises (77°F) . Since it is common for photovoltaic panels to reach temperatures of 137 F, a solar panel located at 60 F in the heat stress zone would equate to a 15% or more decrease in solar panel output.
Other aspects of thermal stress include thermal fatigue leading to permanent PV cell failure, string loss downtime, and 100% loss of production.
With over 1.2 TW (terawatts) of photovoltaic capacity installed worldwide and an additional 100 gigawatts of photovoltaic capacity coming online each year, the inefficiencies currently being seen due to overheating are quite significant and costly. As the world transitions to a low-carbon energy system, we believe there is a large untapped market for Enertopia technology beyond lithium clay processing. Our technology has been designed so that it can be retrofitted to existing photovoltaic panels, and we are confident that our upcoming trial of the 3 megawatt solar array will validate the results we have seen in our own field experiments.
Expected benefits of using Enertopia technology:
●A Potential increase of > 10% or more on an annual basis of the electricity production of the PV system
● Removed panel thermal stress, which is a major contributor to below nameplate output and panel failure.
●Substantial increase in PV system life, improving return on investment for all users, from home use to large-scale solar projects.
“Our technical team continues to evaluate synergy opportunities and we expect two more patents pending by the end of calendar year 2022.” CEO Robert McAllister said, “Enertopia has made great strides over the past year in continuing to develop our lithium property in Nevada, the expansion into green technology has resulted in several opportunities which we continue to explore. to improve mining and society at the same time.
We continue to believe that Nevada’s lithium-bearing clay deposits will become major sources of lithium production in the 2020s while providing the United States with 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 amid growing opportunities for a better world.
A company focused on using modern technology to mine lithium and verify or research other intellectual properties in EV and green technologies to create shareholder value.
Enertopia shares are listed in the United States under the symbol ENRT. For more information, please visitenertopia.com or call Robert McAllister, President at 1-888-ENRT201.
This press release contains 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 that are not historical facts are forward-looking statements. The Company makes forward-looking public statements regarding its expected future financial condition, results of operations, cash flows, financing plans, business strategy, products and services, potential and financing of its mining or technology projects , its growth opportunities, plans and management objectives. for future transactions, 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. These forward-looking statements are estimates reflecting the best judgment of the Company based on 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 these forward-looking statements. other financial markets; changes in interest rates on borrowings; hedging activities; variations in commodity prices; changes in investment and expense levels; litigation; legislation; environmental, judicial, regulatory, political and competitive developments in the areas in which Enertopia Corporat ion operates. There can be no assurance that the brine recovery system trials will be effective in lithium recovery and, if successful, will be economical or have a positive impact on Enertopia, or that the ongoing discussions regarding any joint ventures or partnerships will result in definitive agreements. There can be no assurance that the two pending patents will become patents and have a positive impact on Enertopia. There can be no assurance that provisional patent applications will become patents pending. User should refer to the risk disclosures set forth in periodic reports and other disclosure materials filed by Enertopia Corporation from time to time with regulatory authorities.
The CTA has not reviewed and accepts no responsibility for the adequacy or accuracy of this release.