Prime Motors is working to make solar energy storage solutions accessible to the mass market, and in doing so, help drive the renewable energy revolution.
The Romanian-headquartered company specialises in producing bespoke battery packs and e-cars – it is a key provider of Lithium battery solutions in Europe today.
“We’re bringing affordable battery packs to the market,” Adrian Polec, member of the board at Prime Motors, told Impact4All in an exclusive interview on the sidelines of Intersolar this year. “We’re not focusing on high-end technology. We’re focused on established technologies and bringing it to the market at an affordable price.”
While in the past the focus was on developing renewable energy, today the focus has shifted to the challenge of storing it, and the market for energy storage solutions is really hotting up now, he said.
We’re not focusing on high-end technology. We’re focused on established technologies and bringing it to the market at an affordable price.
“What is really noticeable at this year’s Intersolar compared to previous years is that everyone’s now looking at energy storage,” said Polec.
“This is the first year in which I’m seeing so much action in that regard. Last year there were just a few companies with solutions but I’m now seeing that almost everyone has a solution for energy storage at some level. It’s not complicated to develop and so we expect to see a lot of progress on this front in the future.”
However, the main issue facing the development of batteries today is under-capacity, which in turn, is due to the difficulties in producing them.
Polec said these mainly centre around sourcing high levels of capital commitments for a number of years, technology issues when it comes to production and a shortage of manufacturers. Furthermore, fine-tuning the product until it gets to a standard of quality that big automakers require takes a lot of time.
But this hasn’t stopped Prime Motors from developing an electric car prototype, (pictured in the video above), that can accelerate to 100km/h in three seconds, with a top speed of 200km/h.
Prime Motors is a subsidiary of Metair Investments – a 70-year old company listed on the Johannesburg Securities Exchange with a market cap of over $4bn.
Metair supplies batteries to all major original equipment manufacturers (OEMs) in Europe, South Africa, Turkey and Russia.
From its headquarters in Johannesburg, Metair manages two distinct business verticals that manufacture, assemble, distribute and retail energy storage solutions and automotive components.