Founded in 2016, Solzen Energy is a Johannesburg-based company focused on R&D, design, and manufacturing of innovative energy storage solutions. Their current prototype is an Ultracapacitor built on nanotechnology, capable of storing as much energy as a lithium-ion battery but with the ability to be recharged in seconds or minutes. The Ultracapacitor can withstand over 100,000 charging cycles without losing its capacitance and has a long lifespan. Solzen Energy aims to bring this technology to market in the fourth quarter of 2019, targeting applications in renewable energy, automotive, grid storage, and telecommunications industries. Their mission is to address energy storage challenges in these sectors by investing in R&D, fostering a culture of innovation, rewarding excellence, and promoting collaboration with customers and stakeholders. Ultimately, Solzen Energy envisions becoming a global pioneer in new energy storage technologies.