ALYI - Alternet Systems Hemp Energy Storage Technology Gets Media Attention
March 13 2019 - 11:31AM
InvestorsHub NewsWire
ALYI – Alternet Systems Hemp Energy
Storage Technology Gets Media Attention
Dallas, TX --
March 13, 2019 -- InvestorsHub NewsWire -- Alternet Systems, Inc. (USOTC:
ALYI) (“ALYI”) is getting noticed for its hemp energy storage
initiative. The legalization of recreation marijuana last
year in Canada has moved cannabis into the investment news
limelight. The legalization of hemp farming in the United
States under the 2018 Farm Act is likely to be an even bigger
market mover. Cannabis, particularly hemp has far more
commercial value than recreational or medicinal uses. ALYI’s
hemp energy storage is one of the many commercial opportunities for
legal hemp. Here are some of the recent articles on ALYI’s
hemp energy storage technology
initiative:
ENERGY STORAGE IS BEING MADE CHEAPER WITH HEMP
WASTE
US LICENSE TO GROW HEMP TO FUEL HEMP ENERGY STORAGE
RESEARCH FACILITY
GLOBAL ENERGY STORAGE MARKET FORECAST TO RISE FROM
FIVE GIGAWATT-HOURS LAST YEAR TO MORE THAN 300 GW HOURS BY
2030
The company recently announced securing
acreage in New York to grow and house the facility where hemp bast
will be harvested for conducting further research within in the
company’s hemp energy storage imitative. ALYI launched its
hemp energy storage initiative late last year when the
company brought Clarkson
University Professor David Mitlin on board to lead a hemp
energy storage initiative. Mitlin has successfully used hemp bast -
the fiber left over from processing hemp - to construct carbon
nanosheets that compete with, and in some respects, outperform the
supercapacitor performance derived from more typical graphene
nanosheets. Mitlin holds a US patent for his proprietary hemp
energy storage technology.
Bloomberg New Energy Finance forecasts that the global energy storage market
will “double six times” from 2017 levels to 2030, from than 5
gigawatt-hours last year, to more than 300 gigawatt-hours and 125
gigawatts of capacity by 2030. An estimated $103 billion will be
invested in energy storage over that time period. ALYI
management believes hemp energy storage is a strong candidate for
receiving a fair portion of the anticipated
investment.
Research Report
Speculative Buy Rating And $0.09 Target
PPS
Goldman Small Cap Research recently issued a research
report update on the Company. The report confirms a
'speculative-buy' rating with a target price-per-share
of $0.09. The report provides an in-depth overview and
analysis of Alternet's new strategy, new orders, and upcoming
milestones. To view the report, along with disclosures and
disclaimers, visit https://www.alternetsystemsinc.com/research-update
or http://www.GoldmanResearch.com.
ALYI is focused
on offering varied, environmentally sustainable, energy storage
solutions for targeted markets, including consumer electric
vehicles and military applications. The first product category is
lithium battery-powered motorcycles, to be followed by motorbikes.
ALYI has recently announced $2 million in orders of its Revolt
Electric Motorcycles. ALYI also recently brought Clarkson
University Professor David Mitlin on board to lead a hemp
energy storage initiative. Mitlin has successfully used hemp bast -
the fiber left over from processing hemp - to construct carbon
nanosheets that compete with, and in some respects, outperform the
supercapacitor performance derived from more typical graphene
nanosheets. Mitlin holds a US patent for his proprietary hemp
energy storage technology.
Disclaimer/Safe Harbor: This news release contains
forward-looking statements within the meaning of the Securities
Litigation Reform Act. The statements reflect the Company's current
views with respect to future events that involve risks and
uncertainties. Among others, these risks include the expectation
that any of the companies mentioned herein will achieve significant
sales, the failure to meet schedule or performance requirements of
the companies' contracts, the companies' liquidity position, the
companies' ability to obtain new contracts, the emergence of
competitors with greater financial resources and the impact of
competitive pricing. In the light of these uncertainties, the
forward-looking events referred to in this release might not
occur.
For more information, please visit: http://www.alternetsystemsinc.com
Alternet Systems, Inc. Contact:
Randell Torno
info@lithiumip.com
+1-800-713-0297
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