MAETEC Brief History

MAETEC was founded in 2004 around a unique technological approach to integrated technologies for the capture, storage and transformation of renewable energy sources. The original founders worked part-time for several years to incubate their idea into specifications and eventually engineered a scaled prototype for testing. As word spread about the happenings at MAETEC, more and more highly qualified professionals and investors have joined this venture with a firm belief in the concept, the benefits to society, and in the economic viability of this venture. Today, MAETEC has nine fulltime employees, several part-time employees and consultants actively working to develop MAETEC into a world class technology company that continues to develop and deploy innovative solutions for global energy optimization to improve lives, economies, and the environment.

Renewable Energy Dilemma

All nations share a serious common goal: finding clean, reliable energy at a reasonable price. Surprisingly, in many areas of the world primary electrical power is produced by diesel powered generators. The generation of diesel power is costly and polluting, and often subject to volatile fuel pricing. In many cases, renewable energy sources such as solar and wind have not been viable alternatives simply because of their temporary nature of providing power. Energy from the sun or wind can only be produced when it is sunny or windy. Because of this inherent unreliability, renewable power sources have only been supplemental to the electrical grid and cannot be relied upon as a base power provider. This power cannot be stored for on-demand use unless extensive battery systems are employed. Installing battery systems to store this green energy for peak usage is extremely costly however, and therefore is not an economically viable solution. MAETEC is commercializing their break-through system that provides storable, clean, renewable energy for both electrical production and other fuel energy requirements. The MAETEC system can produce reliable base power at approximately half the cost of diesel generated electrical power. This technology will help resolve the global energy dilemma by cost-effectively mitigating renewable energy shortfalls and enhancing renewable energy supply efficiencies worldwide.