Deeya Energy is a technology start-up dedicated to developing and manufacturing Electrical Energy Storage Systems based on its proprietary technology called L-Cell. The systems are based on a novel battery technology that allows new level of cost and performance metrics to be reached in energy industry.
Deeya’s products will for the first time ever commercialize the peak-off-peak Load Shifting, a market estimated to be worth $10B for electricity consumers and worth $160B for electricity producers and distributors.
In addition, Deeya’s products will enable commercial energy storage in Renewable Energy and UPS (Uninterruptible Power Supply) industries, presently estimated at $5B, and inadequately served mostly by the Lead-Acid batteries and diesel generators.
Deeya L-Cells are suitable and economic replacements for Lead-Acid batteries and diesel generators for applications requiring 2-50kVA of power and 4-24 hours of backup. The life time of a Deeya L-Cell is 7 years, after which it can be refurbished with minimal cost to run for another 7 years, ad infinitum. The L-Cells require minimal or no maintenance during this period. They are temperature independent and can be placed in an outside environment. Most importantly, they can be charged very fast. A 4-hour system can be charged in about 2 hours.
The system truly represents a Clean Energy Technology, with no poisonous or expensive metals or fume release.
Deeya L-Cells are effectively 3 times cheaper than Lead-Acid batteries, and 10-20 times cheaper than NiMH, Li-Ion and Fuel Cell options.