Zinc8 Energy Solutions calls 2021 an ‘anchor year’ as it advances its Zinc-air Energy Storage System toward commercialization
The company is aiming to be in small-scale production in 18 to 24 months
Company
CNSX:ZAIR
Founded in 2012, Zinc8 Energy Solutions has assembled an experienced team of professional engineers, scientists and business managers to execute the development and commercialization of a dependable low-cost zinc-air battery. With both environmental and efficiency factors in mind, Zinc8 strives to meet the growing need for secure and reliable power. The Company trades in Canada on the CSE under the ticker symbol ZAIR and in the U.S. under the symbol ZAIRF.
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The company is aiming to be in small-scale production in 18 to 24 months
The contract with a leading cloud provider for an 11-month demonstration project is to begin immediately
It is collaborating with the New York Power Authority, which marks the first long-duration use in the state and a development that will support further integration of renewable power sources into the grid
The net proceeds of the offering will be used for further research and development and commercialization of the company's patented zinc-air battery system, business development, marketing, capital investments and general working capital req
The company said the net proceeds from the offering will be used for further research and development and commercialization of it’s patented zinc-air battery system, business development, marketing, capital investments and general working c
Net proceeds will be used for further R&D and commercialization of its patented zinc-air battery system, business development, marketing, capital investments, and general working capital requirements
Zinc8 said Charn Deol and Sean Charland will strengthen its Board of Directors as the company continues with the development of its long duration energy storage solution
The company expects its inclusion in the program will accelerate commercialization efforts for its long-duration, zinc-air Energy Storage System
The company's zinc-air battery energy storage system has been selected from 621 startups for the Rocky Mountain Institute and Nexus Energy's ‘Third Derivative' Accelerator Program
The system is designed to deliver power in the range of 20kW to 1MW or more and energy of 160kWh to 8MWh or more