Enercap Holdings is pushing the adoption of innovative non-chemical batteries that it has designed to drive sustainable energy storage solutions.
Headquartered in Dubai, Enercap has long been at the forefront of technological advancements in the energy industry, and its recent innovations marks a major milestone in the company’s journey towards a more sustainable future.
Unlike traditional lithium-ion batteries that rely on chemical processes, Enercap’s non-chemical batteries harness electrostatic energy storage, offering unparalleled performance and efficiency.
The batteries feature enhanced performance across all key metrics, including reduced costs, extended lifespans, rapid charging capabilities, improved safety features, and complete recyclability.
Speaking on the significance of this technological breakthrough, Waseem Ashraf Qureshi, Chairman of Enercap, highlighted the key role the batteries will play in combatting climate change.
“Our brands represent a leap in energy storage performance, delivering exceptional results while maintaining an insignificant environmental footprint,” said Qureshi.
“With consistent performance and durability, our products are poised to revolutionise energy storage, accelerating electrification and decarbonisation efforts worldwide.”
The unveiling of these non-chemical batteries comes amidst growing global concerns about the environmental impact of traditional energy storage solutions.
In the past twelve months, Enercap extended its applications to grid storage and EV charging infrastructure, to add to its growing position in telecom and residential storage.
The company achieved major breakthroughs in large-scale systems with our first 20MWh order in Abu Dhabi and a 2MWh storage solution for wind farm deployment in Turkey.
It has also experienced significant expansion in telecoms where it crossed 30MWh of deployed capacity as well as in EV charging storage with 4MWh capacity in Saudi Arabia.
With increasing pressure to reduce carbon emissions and mitigate climate change, the demand for sustainable energy storage solutions has never been greater.
Enercap’s innovative batteries offer a viable solution to these pressing challenges, providing a cleaner, more efficient alternative to conventional battery technologies.
The company announced its expansion into utility-scale and industrial products markets in North America and Europe, alongside the debut of high-density ultra-fast charging storage for EVs in partnership with a prominent US brand.
Enercap’s strategic alliances have expanded, including landmark collaborations with leading institutions in the UAE, US, Turkey, Saudi Arabia and Sri Lanka, which has been instrumental in advancing its growth.
Despite challenging economic conditions, Enercap reported a 300% increase in revenue, which it attributes to its robust business model and unwavering commitment to customer satisfaction and investor trust.
Saad Zaman, Chairman of Burj Capital and Executive Vice Chairman of Enercap, shared his excitement about the company’s progress, highlighting collaborative efforts to scale Enercap into a global leader in energy storage technology.
“We are working together as a team to fulfil the global potential of our technology,” said Zaman, stressing the collective commitment to driving innovation and sustainability.
As Enercap embarks on its journey from Dubai to the world, Qureshi also emphasised the significant role their products play in shaping a more sustainable and efficient energy system.
“Being based in the UAE has provided us with access to invaluable human capital and infrastructure,” he noted. “With the UAE’s focus on renewable energy and efficiency, we are well-positioned to address the world’s complex energy challenges on a global scale.”
The company said it remains dedicated to driving progress in the energy industry, committed to delivering sustainable value to its stakeholders.
