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Zinc8 Energy Solutions wins NYC Carbon Neutrality Innovation Challenge, considers Indian JV opportunities

by Greg Klein | Updated September 22, 2020

A New York award follows closely on an agreement to discuss joint venture opportunities with an Indian manufacturing company.

The only energy storage system included among four winners, Zinc8 Energy Solutions CSE:ZAIR won the designation in the New York City Department of Buildings Carbon Neutrality Innovation Challenge. With the goal of increasing energy efficiency, winners “will be supported for inclusion in the 2020 NYC Building Code,” Zinc8 stated. The Department of Buildings regulates over a million buildings and construction sites across the city.

Zinc8 Energy Solutions ponders JV opportunities with Indian electrical manufacturer

Contestants submitted a wide range of design, construction and technology proposals which were evaluated for their feasibility, impact and innovation, the company added.

Zinc8’s zinc-air energy storage system is designed to deliver power ranging from 20 kW to 50 MW for eight or more hours, scaleable for individual buildings, microgrids and utilities. The system stores electricity in zinc particles, avoiding the expensive battery minerals lithium, vanadium and cobalt.

“NYC is a global leader in sustainable innovation, and we are pleased to join the Department of Buildings in its mission of carbon neutrality for all of the citizens of New York City,” said Zinc8 president/CEO Ron MacDonald.

Zinc8’s system has already been attracting New York attention. Last January the New York Power Authority, the country’s largest public power organization, selected the zinc-air system out of more than 60 competitors for a commercial or industrial demonstration facility. In March Digital Energy Corp chose Zinc8 to install a 100 kW/1.5 MWh storage system at a Brooklyn combined heat and power plant. New York interest prompted Zinc8 to create a U.S. subsidiary.

The NYC Department of Buildings award follows the previous day’s announcement that Zinc8 is discussing joint venture opportunities in India. Under an agreement in principle with Vijai Electricals, the companies will consider JV possibilities including the manufacture of components for Zinc8’s energy storage system as well as deployment of the system in India.

With 47 years of experience, Vijai claims a significant role in global market development of amorphous metal core distribution transformers. The company has also manufactured extra-high voltage transformers up to 400 kilo-volts/315 mega volt-amps and the world’s highest voltage class transformers, 1,200 kV/333 MVA. Vijai also manufactures conductors as well as aerial bunched cables, and plans to move into smart metering applications.

“Vijai is happy to work with Zinc8, a pioneer in cost-effective battery energy storage systems (BESS) for longer durations,” said Vijai chairperson Dasari Jai Ramesh. “For countries like India which need round-the-clock renewable energy systems, it is expected that Zinc8 BESS would fill the need in an effective way.”

Earlier this month Zinc8 closed a private placement of $1.4 million.

Read How to overcome raw material cost and supply security challenges, an op-ed by Ron MacDonald.

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