What Is A Zinc-Air Battery & Why Should You Take Notice?
We all know about batteries, they power our daily lives, whether it be your new electric Tesla, your TV remote, or your smartphone. There’s many different types of batteries, like alkaline batteries you’d find in your home or lithium-ion batteries found in cars, but you might not have heard of a zinc-air battery.
The problem with batteries, and this has always been the problem, is size, capacity, and most importantly, cost.
While there is a market in the auto industry for lithium-ion batteries, and it is a fair sized market, the real big player is in the electrical grid.
Utility and grid-scale energy storage is needed for larger buildings, factories, solar and wind parks, etc. Like all alkali metals, lithium is highly reactive and flammable which poses a serious fire hazard risk especially in densely populated areas, where utilities are located. This is a problem.
Additionally, lithium-ion batteries increase in cost as you require more storage because you’re essentially stacking the batteries together.
So with countless Cities, States and even whole Countries vowing to move towards renewable energy, where will they store it all?
Enter Zinc-Air Batteries.
Zinc-air Energy Storage Systems allow users to offset peak energy demand, reduce time-of-use charges ($), and participate in the value stacking programs and the distributed long-duration energy storage space.
Zinc-air batteries can hold energy much longer than lithium-ions, and to increase the storage capacity, all that is needed is an increase in the storage container that holds the Zinc. This means that as you increase the size of the battery, the cost per kWh actually goes down because you’re not increasing any other components of the battery, just the cheapest aspect, the storage container.
So who’s leading the zinc-air battery movement?
Meet Zinc8 Energy Solutions.
The Vancouver based company has been developing their revolutionary technology for many years, and they’ve just delivered their first ever commercial product to a beautiful new home in Surrey, BC.
The real magic of Zinc8 is the environmental aspects, the cost savings and the proven management team.
Targeting $250/kWh for 8-hour duration, $100/kWh for 30-hour duration and $65/kWh for 100-hour duration, Zinc8’s patented energy storage system technology has no fire and explosion risk, is non-flammable and non-toxic, making it ideal for a deployment in close proximity to valuable assets and adjacent to or inside a building. The net-zero system does not consume zinc, has no capacity fade over extensive lifetime and offers the same performance over full discharge cycles. The system’s unique modularity also allows for various configurations, making it suitable for a variety of building architectures.
Don’t just take our word for it, listen to the markets.
In the last 6 months, the stock price has increase over 400% from $0.20 to over $0.80.
This increase has been from countless news releases that included awards, acceptance into accelerating programs, delivery of products and more.
The environmental industry is set to explode in 2021, with the new US President Joe Biden being sworn into office you can expect a push in those markets. Zinc8 Energy Solutions is leading the utility energy storage space, and you don’t want to miss this one, trust us.
Dear Sirs, with interest and joy I see the latest development of Zinc8. However I wonder what has happend to MGX MInerals? Isn´t that the mother company Zinc8 derives from. Whereas the advantage is Zinc Air batteries is decribed it appears there is also a massive frowing market for lithium ion batteries. And that demand of Lithium will have to be sattisfied. My understanding is that production of lithium is expansive and a burden under green enviromental aspects. Wasn´t it MGX who claimed years ago to have developped a technology to gain lithium faster, cleaner and less expensive? Didn´t they had a number of trial plants/machines to prove this as well as gaining other value raw materials from waste water? What happend to all this? And wasn´t MGX also the majority shareholder of Zinc8?
looking forward to comments
stay healthy & have a nice weekend
Udo