Zinc8 Energy Solutions Inc (CSE:ZAIR) acknowledged the strong support it had from US Senate Majority Leader Charles Schumer for establishing a manufacturing facility in Ulster, New York’s former TechCity site location.
In a statement, Senator Schumer said Zinc8’s interest in expanding “hundreds of new jobs into the Hudson Valley” at Ulster County’s former TechCity site, now called iPark87, would be a “win-win-win.”
“A once-contaminated asbestos dumping ground can be revitalized and once again be the beating heart of Ulster County’s economy, all while powering a cleaner, brighter future, fighting climate change, and creating hundreds of good-paying jobs,” added the Democrat from New York.
READ: Zinc8 Energy Solutions continues to expand its efforts towards commercialization
“I made it clear to Zinc8 CEO, Ron MacDonald, that I stand ready to help their potential expansion in the Hudson Valley in any way, including fighting to secure the historic federal battery research & development incentives I passed in the Bipartisan Infrastructure & Jobs Law. Zinc8’s investment in the Hudson Valley would further power New York’s leadership as a global battery manufacturing hub.”
The Infrastructure Investment and Jobs Act, signed into law in 2021, has set aside $6 billion for federal incentives meant to expand capabilities of the US-based battery research and development, bolster domestic battery production, and shore up the American supply chain in an industry often reliant on foreign sources.
Zinc8 Energy noted that the carbon reduction policies of the Biden administration and the state of New York are spurring companies like it to bring advanced clean energy solutions to full commercialization and create well-paying green jobs.
"Zinc8 is evaluating potential manufacturing sites in the northeastern US and have been very impressed with the locations and related facilities in New York," said Zinc8 Energy CEO MacDonald. "Having the support of Senator Schumer for our company and technology will weigh heavily on our decisions on where to locate our first major production facility."
Zinc8 specializes in flow battery technology that relies on regenerating zinc particles to store and dispatch energy. The company focuses on developing and commercializing its low-cost, long duration ZESS for utilities, microgrid, and commercial and industrial markets.
Contact the author Uttara Choudhury at uttara@proactiveinvestors.com
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