Shunfeng Holdings entered into a Licence Agreement with Taiwan Nanotube in August 2014, in which Taiwan Nanotube has agreed to grant Shunfeng Holdings the licence to use the Applied Technologies and Intellectual Properties in the overseas locations. Accordingly, the Company intends to utilise the opportunities arising from the Licence Agreement to expand its scope and business operations into the seawater power generation business, and also intends to use the Applied Technologies and Intellectual Properties for its future development and expansion into power generation other than using its existing solar technology.
Taiwan Nanotube is an advanced nano carbon materials research and development and production company located in the Taiwan Hsinchu Science and Industrial Park.
Taiwan Nanotube also develops various carbon nanotubes, graphene and other multi-national patent application products.
The seawater power generation technology invented by Taiwan Nanotube, which uses carbon nanotubes and graphene as its negative electrode materials, has a power output of more than 100 times of the power output generated by the graphene technology currently available in the market. This high power output is due to the large surface areas and good electrical conductive properties found in carbon nanotubes and graphene.
Taiwan Nanotube has completed the research, development and tuning in seawater power generation battery, which passed the voltage stabilisation tests with connection to inverters. Taiwan Nanotube has achieved key technology breakthrough and obtained relevant patent.
The seawater power generation battery developed by Taiwan Nanotube using its technology is a major breakthrough as such battery could continuously generate power for forty years.