Pakistani startup Energy and Automation (ENA), a company of Jaffer Business Systems (JBS) recently joined forces with Jolta Battery Private Limited, a sister company of Jolta Electric – Pakistan’s First EV company, to provide solutions to the telecom & banking sector.
An exclusive agreement to this effect took place between the two companies with a potential of $35million in the most advanced Graphene-based Supercaps Energy Storage Solutions with an innovative power backup storage technology called “ENARGEZE SUPERPOWER” which is powered by Zoxcell.
This will be great for the local power and energy storage industry as Pakistan has around 50,000 telecom towers across the country. Also a plus for the banking sector which is estimated to have more than 30,000 bank branches all over Pakistan.
In 2021, the global demand for energy was projected to increase to 2.5 to four terawatt-hours annually in the next eight years. In Pakistan, however, the energy storage market and capacity is quite basic and fragmented.
The country is beset by frequent power outages, unreliable transmission infrastructure, short life, and low-efficiency alternatives. So this [Enargeze Superpower] will be a real game-changer.
Speaking at the event, ENA’s Chief Executive Amir Salman explained that the Supercapacitor is 25 times better than VRLA dry batteries.
They said that this new technology is safe to use and minimizes the use of generators. In the bigger picture, this will contribute to a greener Pakistan by reducing carbon footprint and fuel consumption.
