Zinc8 Energy Solutions (CSE:ZAIR) Inc said New York City's leading real estate trade association has named the company a 'Best-in-Class' solution in the energy storage category at a recent event.
The event, the Real Estate Board of New York's (REBNY) 2022 PropTech Challenge, was themed 'Getting to Carbon Net Zero' and the focus was on sustainable developments and ongoing efforts by the real estate industry to reduce emissions throughout the built environment.
"We are proud to be selected as a best-in-class solution for the energy storage category," said Ron MacDonald, President and CEO of Zinc8 Energy Solutions said in a statement.
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"Members of the real estate industry in New York are acutely aware of the need to reduce emissions from new and existing infrastructure in anticipation of Local Law 97 and are looking to deploy innovative technologies in an effort to reduce their carbon footprint. We would like to thank the panel for the opportunity to demonstrate our technology solution and network with industry leaders at this important event," he added.
Zinc8 specializes in flow battery technology that relies on regenerating zinc particles to store and dispatch energy. The technology has fewer supply chain concerns than lithium-ion batteries, and is also scalable at a lower cost than other long-duration technologies.
Contact the author at jon.hopkins@proactiveinvestors.com