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JOE: My name’s Joe Schwartz. I’m market development lead with Blue Planet Energy and we’re best in class energy storage manufacturer. We’re based in Honolulu, Hawaii. We build systems for residential scale customers and projects and also commercial scale—business scale projects as well, so our technology is backed—our energy storage technology’s backed by Murata. They’re a Japanese, global, power electronics manufacturer and components manufacturer and then we do our design in engineering and quality assurance work in Honolulu as well as on the U.S. mainland.

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JOE: We have the strongest performance warranty in the industry. So, we have a 10 year workmanship warranty on the quality of the build, which is extremely high quality and then we have a 15 year performance warranty at a 100% depth of discharge, so people that are familiar with batteries some of the technologies are impacted by how deeply you discharge them, with Blue Planet’s blue ion system our warranty isn’t impacted by how deeply discharged the battery, so 100% depth of discharge would be if you had a 16kWh battery at your home and you were discharging it all the way to 2% remaining compacity—our warranty stands at 15 years no matter how deeply you discharge the battery which isn’t the case with the majority of our competitors—actually all of our competitors so it’s a really strong—it’s a really strong point in our value proposition for residential and commercial customers.

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JOE: That’s one of the biggest highlights of our value proposition I would say, especially for residential scale systems and small business systems. I mentioned the 16kWh building block of our system and so we can parallel all the way up to 448kWh and so limitation of a lot of systems, residential scale energy storage systems other than a lot of them contain cobalt, which is a—not thermally stable and also they’re sustainability elements of that cobalt product, so again we’re using a Lithium Ferrous Phosphate cell technology and a lot of systems are limited to a 5kW inverter and say maybe 14kWh of energy storage. Our system can be optimized to build out the inverter–the power conditioning that generates AC power to run standard household appliances in a residential application. Really as large as you want. So, frequently we’ll have say 24kW of inverter power for–say a large residence, coupled with maybe 60 kWh of our battery cabinets so that would be a number of our battery cabinets running in parallel, so there’s really no practical limit to what we can do in terms of paralleling those batteries for increased capacity, which is a really big—it’s a big deal for a lot of residences. Again, if you’re going through a 24 hour utility power safety shut down, you need a large reserve of storage especially if you’re looking to charge your electric vehicle or run air conditioning units/ HVAC units something like that during those fire events. Yeah, so, super scalable platform.

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JOE: The modern energy storage industry, the bulk–probably 95% of this systems deployed right now are lithium ion battery systems. All lithium battery ion systems aren’t the same, so when you’re at the airport and you get the warning, you know, make sure to check any lithium ion batteries that you might have with you. Those are lithium ion battery systems that contain cobalt and there’s–it’s a less thermally stable chemical composition for the lithium battery that requires active heating and cooling systems, so a lithium ion battery system that contains cobalt needs active heating and cooling because it has a really narrow temperature range that it can operate in. Blue Planet Energy’s blue ion system is a lithium ferrous phosphate chemistry for the actual cells–so lithium ion cells–so it’s really important for consumers to understand that all lithium ion batteries aren’t the same. They’re actually very very different. So, lithium ferrous phosphate–there aren’t sustainability issues like–with a–materials supply chain like there are with cobalt. In the way cobalt is mined and the humanitarian issues that surround cobalt mining in Africa. Lithium Ferrous Phosphate battery storage cells are non-toxic, so that’s another element–so at end of life you’re not dealing with a material that’s more difficult to dispose of properly. Really, if you’re looking at thermal stability, you’re looking at safety, if you’re looking at not–you know, the non-toxic composition of the materials used with lithium ferrous phosphate, lithium ion technology specifically, their big advantage is for their consumer, for the safety of the installation, quality of the installation, the environmental–humanitarian aspects of those two different technologies as well, so we are super strong believers in the importance of L.F.P.–is the acronym for Lithium Ferrous Phosphate energy storage systems–when compared to cobalt systems.

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JOE: Our energy storage system is designed for indoor installation and so, it doesn’t require any system cooling which is a distinguishing characteristic of the lithium ferrous phosphate cells and the way that we manage the thermal performance of the product as well, so our system is typically for residential application—would typically be installed in a garage with a power conversion system. Typically close to the main span–or the breaker panel and then we’re just off and running from there.