New compressed-air technology facilitates a continuous supply of solar energy and wind power.
Solar and wind energy are, by nature, weather dependent. A new, air-powered solution stores solar energy generated by rooftop solar panels so it can be used at night, and provide a storage buffer for energy generated by wind farms.
Christchurch-based Air Future Ltd has the license rights to manufacture the AirWall, a clean electricity generator using compressed-air technology. Coupled with a photovoltaic installation, it will be able to store and supply up to 7kW of power at night. The modular design of the AirWall extends the capacity and duration of solar and wind energy by adding additional storage or generation capacity.
Running purely on air and sunlight, the technology offers a renewable energy source that does not depend on harmful chemical batteries or fossil fuels and works as a buffer against the vagaries of weather.
With the overall goal of a zero-carbon economy, Air Future Ltd has partnered with MDI to license a range of air power systems that bring affordable, clean energy to Australia, New Zealand, and the Pacific Islands.
Affordable, scalable solutions
Air energy storage can be scaled based on the needs of the end user, whether it’s a single household or a whole community looking to create an independent microgrid. A compressed-air “battery” is much cheaper to purchase and maintain than other zero-emission energy sources while still being compatible with selling back to the grid or undertaking demand management. View range
Air Future Ltd will be embarking on a capital raising program to establish the first production facility in Australasia, with the aim of accelerating the number of environmentally sound yet affordable energy solutions in Oceania. The regional manufacture model will enable regions to control their own destiny via clean, economical, and politically favourable manufacturing of sustainable technologies. In conjunction with MDI, there is also the opportunity to market and develop business in South East Asia.
The holy grail of renewable energy is storage.
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Compressed air “battery” technology is also being used to power electric cars, significantly reducing the cost of environmentally friendly transport. View vehicle range
*Statement under section 91 of the Financial Markets Conduct Act 2013
No money is currently being sought.
The financial products cannot currently be applied for or acquired under the offer or intended offer.
The offer when it is made it will be in accordance with the Financial Markets Conduct Act.
Air Future Ltd is seeking preliminary indications of interest.
Indications of interest can be made by filling in the form (click here). No indication of interest will create an obligation or commitment to acquire the financial products.
1. What will an Air Wall look like?
An Air Wall is designed to integrate solar, wind, storage, and electricity generation in one package to enable homes and business to have fully grid integrated or stand alone environmentally friendly self sufficient electricity.
2. How long does an Air Wall storage tank last?
Virtually a lifetime with testing every 5 years. The compressed air cylinders are subject to the same standards as CNG cylinders used in compressed natural gas vehicles. The cylinders meet the existing standard UN ECE R110 for CNG (Compressed Natural Gas).