Enertopia
Receives Positive 3rd Party Engineering Study
Kelowna, British Columbia, Canada -- October 22, 2021 --
InvestorsHub NewsWire -- Enertopia
Corporation ("Enertopia'' or the "Company") a company
focused on building shareholder value through a combination of our
Nevada Lithium claims, intellectual property, & patents in the
green technology space, is pleased to announce the following
technology update.
Over the past few months, the
independent engineering firm Thermal Energy System
Specialists, LLC. conducted engineering
studies to confirm our in-house analysis on field validation and
demonstration, as well as next-generation PV increase in production
and co-extraction of waste heat energy.
These early findings indicate that a
one-megawatt solar PV array could potentially have it's annual
production increased by up to 193 MW/h per year.
This is based on a current annual
rated production capacity of 1,400 MW/h per year for a one MW solar
PV array.
"Enertopia is
looking forward to moving into the fabrication and beta phase on
the Solar booster and the Heat Extractor as we move to maximize the
increased PV and thermal outputs during this next phase of
development in providing carbon-neutral energy production
options." Stated President and
CEO Robert McAllister."
The three
main goals from the detailed 9-page report.
- Verify that existing PV/T models
have the flexibility to address the specific design considerations
being proposed and by applying reasonable assumptions, while also
confirming that we see the same order of magnitude electrical
performance improvement that has been documented at other actively
cooled PV arrays.
Results:
Data
analysis projects increased annual PV output under the top three
scenarios of 11.8% to 13.8% with the increase in
PV output during the month of July running between 17.4%
and 19.9%
Data
analysis using the combination of PV and thermal recovery resulted
in an increased annual PV output of 8.2% and
thermal energy output of 14.6%
- Identify the critical design
elements of the PV/T to which the electrical (and thermal)
performance are most sensitive, in order to guide the design of the
cooling mats.
Results:
Thermal loss between layers, length of run, and flow of the
cooling medium are three areas targeted for increased performance
output.
- Lay the groundwork for a model
calibration exercise, in which the PV/T model will be driven with
site measured weather conditions, allowing us to adjust model
parameters so as to minimize the difference between modeled and
measured energy production. The calibrated model will then be used
as a test bed for additional cooling mat design options.
Results:
Data monitoring and Beta testing are underway on the first
rooftop Solar Booster, which is providing PV cooling and Thermal
water heating for a residential pool.
About Enertopia:
Defines Itself
as an Environmental Solutions Company focused on using modern technology on
extracting lithium and verifying or sourcing other intellectual
property in the EV & green technologies to build shareholder
value.
Enertopia shares are quoted in
the United States under ticker symbol
ENRT. For additional information, please visit www.enertopia.com or call Robert McAllister, the President at
1-888-ENRT201.
This release includes
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. Statements which are
not historical facts are forward-looking statements. The Company
makes forward-looking public statements concerning its expected
future financial position, results of operations, cash flows,
financing plans, business strategy, products and services,
potential and financing of its mining or technology projects,
growth opportunities, plans and objectives of management for future
operations, including statements that include words such as
"anticipate," "if," "believe," "plan," "estimate," "expect,"
"intend," "may," "could," "should," "will," and other similar
expressions that are forward-looking statements. Such forward-looking statements are estimates
reflecting the Company's best judgment based upon current
information and involve a number of risks and uncertainties, and
there can be no assurance that other factors will not affect the
accuracy of such forward-looking statements., foreign exchange and
other financial markets; changes in the interest rates on
borrowings; hedging activities; changes in commodity prices;
changes in the investments and expenditure levels; litigation;
legislation; environmental, judicial, regulatory, political and
competitive developments in areas in which Enertopia Corporation
operates. There can be no assurance that the testing for the brine
recovery system will be effective for the recovery of Lithium and
if effective will be economic or have any positive impact on
Enertopia, or that current talks with respect to potential joint
ventures or partnerships will result in definitive agreements.
There can be no assurance that patent #6,024,086 will have a
positive impact on Enertopia. There can be no assurance that
provisional patents applications will become patents or the DOE
testing will prove successful. The User should refer to the risk
disclosures set out in the periodic reports and other disclosure
documents filed by Enertopia Corporation from time to time with
regulatory authorities.
The OTC has not reviewed and does not accept responsibility
for the adequacy or accuracy of this release
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