Laboratory tests validated energy storage capacity exceeding 26 hours, zero degradation and a road map for significantly longer storage times with additional optimization. It is believed that this is the first time sunlight has been captured and simultaneously stored in a highly efficient, low-cost format.

This technology was developed at the University of British Columbia (UBC) and addresses the natural intermittency associated with sun and cloud cover thereby making solar power available anytime day or night. The home is only one application as the technology naturally lends itself as a built-in solution for anyone who uses electricity — including those 1.6 billion without electricity in the remote regions of China, India and Africa.

Source: http://www.daystartech.com