Paraclete announces battery density breakthrough

Paraclete Energy has announced a cost of $35 per kilowatt hour for its new silicon-based anode material SILO Silicon. The company plans to use its 'SILO Silicon' as an alternative to conventional graphite anodes commonly used in LFP batteries.

This positions SILO Silicon as a highly competitive alternative to conventional graphite anodes commonly used in LFP batteries, which currently cost $53 per kWh. The cost reduction achieved with SILO Silicon is due to advanced material science and optimised manufacturing processes. According to the company, Paraclete’s Silo currently offers an energy density of over 520 Wh/kg, “significantly exceeding the capabilities of traditional graphite anodes.”

Paraclete launched its silicon anode material in the US just last month, lauding the material’s significantly improved energy density and performance. It was also announced that the product would be released in the final quarter of this year. The material has already been further improved, which is impressive considering that it hasn’t even hit the market yet.

“The recent decline in LFP battery prices underscores the industry’s commitment to affordability and sustainability,” said Jeff Norris, CEO of Paraclete Energy. “Our SILO Silicon anode technology serves as a strong proxy for cost-effective and high-performance energy storage, indicating not only significant cost reductions but also setting a new benchmark for the rapid adoption of electric vehicles and
renewable energy solutions.”

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