A new material is presented, which is based on an organic natural material and which delivers good specific energy capacities in the order of 190 mAh/g at an average voltage of approx. 3 V. The material can be charged and discharged at rates around 50 C. By a simple modification of the material, the typical issue of organic batteries, the degradation upon cycling, was greatly improved and 80% of the capacity was retained after 10,000 cycles. The material can be used as cathode or anode, or both. Charge and discharge can be done based on Li or other ionic shuttles such as Mg.