Zinc8 Energy Solutions (CSE:ZAIR) Inc announced that it has signed a host site agreement with a Queens, New York-based apartment complex to install a 100 kilowatt/1.5 megawatt hour Zinc-Air Energy Storage System (ZESS).
The agreement is financially supported by The New York State Energy Research and Development Authority (NYSERDA) with a contribution of C$575,000.
New York-based Zinc8 said that it is hoping to demonstrate the long-duration energy storage capability of the system.
Fresh Meadows Community Apartments is a master-planned 32-building housing development, which is owned by Cammeby Realty Corp.
READ: Zinc8 Energy engages consulting firm in effort to advance initiatives in New York State
NYSERDA also chose Zinc8 and its partner Digital Energy Corp as the Energy Storage System manufacturer to demonstrate the economics and reliability of Zinc8's patented zinc-air battery technology for low-cost long-duration storage in a behind-the-meter application, according to the company.
The ZESS will support and enhance the economics of a combined heat and power (CHP) system currently under construction at Fresh Meadows Apartments along with an existing solar system.
"We continue to strengthen our position in the state of New York with the support of organizations like Digital Energy Corp and NYSERDA," Zinc8 CEO Ron MacDonald said in a statement.
"The signing of this host site agreement is another important milestone for Zinc8, and we are looking forward to collaborating with Digital Energy Corp on this exciting project owned by one of New York's most prestigious and well-known real estate management companies. This an opportunity for Zinc8 to further develop a pipeline of projects and establish a foothold in the New York City market."
Zinc8 and Digital said they will continue working to identify similar projects in the New York market.
Contact Angela at angela@proactiveinvestors.com
Follow her on Twitter @AHarmantas