Balqon Lithium Battery System Installed in Hybrid Yacht

Investors are used to hearing about lithium battery technologies for use in automobiles, but Balqon Corporation (OTCBB: BLQN) is taking them from the street to the water. On Friday, the Harbor City, California-based developer of electric vehicles, drive systems and lithium battery storage systems said that it has delivered and installed its HIQAP high energy storage and battery system into Island Pilot Yacht, powered by DSE Hybrid solar electric drive.

DSE Hybrid is a Key Largo, Florida-based maker of solar power electric drive systems for marine applications. The company also provides eco cruising tours in 12-meter-long, solar-powered yachts in south Florida. They are the first yachts of their type in the U.S.

The Balqon system includes lithium batteries, battery management and control system and charger, making it a true “plug-and-play” battery solution and viable replacement for traditional lead acid batteries.

The yacht and its new lithium battery system is on display at Trawlerfest, a boat show being held yesterday through February 2 in Fort Lauderdale, Florida.

“We have been seeking high energy density battery solution that was economical and provided longer run time with higher transfer efficiency,” commented Rueben Trane, Executive Director of Island Pilot, on the Balqon product meeting their need.

“Our proprietary 1000 ahr capacity single cell battery design enables our customers to upgrade from lead acid batteries to higher transfer efficiency lithium solutions with minimum effort,” said Balwinder Samra, CEO of Balqon Corporation.

Balqon now has their technology on the water and it also recently released a complete line of next generation electric vehicle motor controllers, named ZEVQON™, designed for emerging zero emission commercial truck and bus markets. The new controllers include a full line of AC inverters for use in electric vehicles from small utility vehicles to commercial grade on-road trucks.

Shares of Balqon have been rising so far in 2013, moving from lows of 11 cents to near 30 cents. With the morning news, shares rose to 10-week highs of 33 cents before giving back some of the gains to 29 cents with two hours left in the trading day. Shares have traded as high as 60 cents in the past 52 weeks.

Balqon Corp. (BLQN) Stock Quote and News:

Disclaimer: Neither www.otcshowcase.com nor its officers, directors, partners, employees or anyone involved in the publication of the website or newsletters (“us” or “we”) is a registered investment adviser or licensed broker-dealer in any jurisdiction whatsoever. Further, we are not qualified to provide any investment advice and we make no recommendation to purchase or sell any securities. The prior article is published as information only for our readers. otcshowcase.com is a third party publisher of news and research. Our site does not make recommendations, but offers information portals to research news, articles, stock lists and recent research. Nothing on our site should be construed as an offer or solicitation to buy or sell products or securities. This site is sometimes compensated by featured companies, news submissions and online advertising. Viper Enterprises, LLC (parent company of OTC Showcase) has received no compensation for this article from and owns no shares of the aforementioned company(ies). Please read and fully understand our entire disclaimer at http://www.otcshowcase.com/about-2/disclaimer.

0 comments

Add your comment

Commenting is allowed only for registered users.

Other articlesgo to homepage

	Hearing Date Set in Blue Calypso Lawsuit Against LivingSocial(0) Blue Calypso Inc. (OTCBB: BCYP), an innovator in digital social advertising, mobile content syndication, and analytics, recently announced a Markman hearing set for August 27, 2013 in its patent infringement case against LivingSocial. Findings from this hearing may encourage settlements or provide insight into the likelihood of a particular outcome. With the success seen by

	Digital Development Group Partners with Hollywood Bad Boy Charlie Sheen(0) One might think that celebrity endorsements would be fantastic for the share price of a small or microcap company. After all, famous and successful athletes or movie stars have a stack of cash to invest and the connections to help accelerate business developments. Oddly, though, it doesn’t seem to have a great deal of impact.

	Sunvalley Solar Shares Rise from Bottom on Solar Installation Contract(0) Shares of Sunvalley Solar, Inc. (OTCBB: SSOL) are rising in trading Monday morning after the solar power technology company disclosed a new contract to 87.5-kilowatt solar system installation contract from Corporate Logistics in City of Industry, California. The contract is for a system capable of generating 131,146 kilowatt hours of electrical power each year, utilizing

	Men’s Health Features Naked Brand Group Line of Underwear(0) Naked Brand Group, Inc. (OTCQB: NAKD) said Friday that its Naked Boxer Brief has been selected by Men’s Health for its online guide, “Affordable Spring Style Guide 100 under $100.” The guide was published on MensHealth.com on March 20. This is the second time the company has been featured in the men’s mag in as

	Sunshine Biopharma Meeting with CMOs to Manufacture Drug for Breast Cancer Trials(0) Sunshine Biopharma Inc. (OTCQB: SBFM) reported on Thursday that it is in negotiations with Contract Manufacturing Organizations, or CMOs, as the next progression towards the anticipated clinical trials of its flagship cancer drug, Adva-27a, against multi-drug resistant forms of breast cancer. The trials are scheduled to be hosted by the leading cancer center Jewish General

Stay Informed

Diabetes Rate Growing Exponentially

According to the International Diabetes Federation, more than 500 million people will be diagnosed with diabetes in the next two decades, a more than 50 percent increase from today. Technologies are available presently to help manage the frequency, complications and costs associated with diabetes. Read the complete article to learn more.