Zinc8 Energy Solutions says new award further affirms its unique energy storage technology

Zinc8 Energy Solutions Inc (CVE:ZAIR) (OTCPINK:MGXRF) (FRA:0E9) has said a new award has validated the green credentials of its unique energy storage technology.

The company’s Zinc-air Energy Storage System (ZESS) has picked up the ‘Energy Tech Innovator’ award at the WE3 summit, which is a collaboration between Texas-based research organization Zpryme and Smart Energy Water.

The aim of the summit is to connect global thought leaders who are embracing change and is associated with the WE3 CleanTech Innovation Series.

READ: Zinc8 Energy Solutions announces the planned deployment of its Zinc-air Energy Storage System (ZESS) at the University at Buffalo

“This is another important affirmation of Zinc8′s unique energy storage technology and its leading role in providing long-duration and low-cost energy storage which allows higher integration of renewable energy into the grid,” Ron Macdonald, CEO of Zinc8 Energy Solutions told investors in a statement.

Zinc8 has developed innovative battery technology that uses zinc and air as fuel. Energy is stored in the form of zinc particles, similar in size to grains of sand. When the system is delivering power, the zinc particles combine with oxygen drawn from the surrounding air. When the system is recharging, zinc particles are regenerated, and oxygen is returned to the surrounding air.

The system can be configured to support a wide range of microgrids and utilities. It is designed to deliver power in the range of 20kW to 50 MW or more with capacity of eight hours of storage duration or higher.

On April 8 this year, Zinc8 announced the planned deployment of its patented system at the University at Buffalo (UB).

The collaboration with the New York Power Authority (NYPA) marked the first long-duration use in New York State and a development that will support further integration of renewable power sources into the grid, it said.

That will allow for the demonstration of a 100 kilowatt/1 megawatt Zinc-Air Battery Energy Storage System in Buffalo to facilitate the wider use of renewable resources, the company added.

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Story by ProactiveInvestors