Thursday 19th September 2019

Resource Clips



MGX Renewables advances cathode production for its proprietary energy storage system

by Greg Klein | September 3, 2019

A company that began trading in July now has cathode production underway for its own zinc-air fuel cell battery. MGX Renewables CSE:MGXR has so far manufactured 300 cathodes for its energy storage system, which uses proprietary and patented technology.

MGX Renewables advances cathode production for its proprietary energy storage system

MGX Renewables says its zinc-air fuel cell battery
offers a scalable alternative to lithium-ion batteries.

With 50 cathodes used for each five kW fuel cell stack, MGX Renewables plans an initial 36 MW of annual equivalent capacity with a minimum storage of eight hours or 288 MWh of storage.

Similar scale fabrication machinery will be added as necessary. The company describes its strategy as hybrid manufacturing, using other suppliers for standardized components such as injection molded pieces while using in-house production for the more technically advanced and proprietary components, such as fuel cell cathodes.

Taking advantage of modular design, the zinc-air fuel cell battery is designed to provide between 20 kW and 50 MW of power, and 120 kWh to one GWh of storage. As an alternative to the fixed power-energy ratio of lithium-ion batteries, the energy storage system offers greater stability to solar- and wind-generated electricity, commercial and industrial backup to replace diesel, and industrial-scale, on-demand power for peak shaving or standby, the company states.

In late August MGX Renewables offered a private placement of up to $500,000.

Share |

View All: News Stories