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By NS Energy Staff Writer on nsenergybusiness.com
Zinc8 will install a 100kW/1MWh Zinc-Air battery energy storage system at a demonstration site in the state.(Credit:Pixabay/SichiRi)

Under the agreement, Zinc8 will install a 100kW/1MWh Zinc-Air battery energy storage system at a demonstration site in the state

The New York Power Authority (NYPA) has collaborated with Zinc8 Energy Solutions for the development of a demonstration energy storage system in New York.

The project, which was selected as a winner in the NYPA Innovation Challenge, is expected to offer power back-up, support the level grid demand, and help the state move toward a carbon-free electric grid which will be supported by renewable energy resources.

Under the agreement, Zinc8 will install a 100kW/1MWh Zinc-Air battery energy storage system at a demonstration site in the state.

The new project is expected to help advance the state Governor Cuomo’s Green New Deal to achieve the energy storage goal of 3GW by 2030 and a commitment to 100% electricity from carbon emission-free sources by 2040.

NYPA will fund a total of $2.55m and also support the development, fabrication and installation of the energy storage system at a commercial scale for three years.

Zinc8 Energy Solutions president and CEO Ron MacDonald said: “This collaboration with the New York Power Authority is a milestone in Zinc8 Energy Solutions’ path to full commercialization and underscores the growing demand for low-cost reliable long-duration energy storage.

“This unique opportunity with NYPA not only helps Zinc8 contribute to the rapid advancement of clean energy in New York State, but also opens the door for Zinc8 to deploy its technology into the broader utility market.”

TO READ THE REST OF THE ARTICLE VISIT:

https://www.nsenergybusiness.com/news/nypa-zinc8-energy-storage/

 

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COMPANY INFO
Name: Zinc8 Energy Solutions Inc. (dba) / MGX Renewables Inc.
Canada Symbol: MGXR
Germany Symbol / WKN: 0E9 / A2PNN3
Shares Issued & Outstanding:
Phone: +1 604 558 1406 (Extension 5)
Email: investors@zinc8energy.com (Patrick)
Web: www.zinc8energy.com
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