The energy storage sector is experiencing a significant transformation, with zinc batteries emerging as a key player in the quest for safe, reliable, and efficient energy solutions. Recent developments across various companies underscore the growing importance and potential of zinc-based energy storage systems. Here’s a roundup of the latest news in the zinc battery industry and what it signifies for the future of energy storage. Follow the links to learn more about each announcement.
Redflow
Redflow expands deployment in their home state with their partnership announcement with Queensland state-owned generation company Stanwell. Together, they are working on developing and deploying 400mWh of Redflow’s X10 next generation battery. This partnership is announced as Redflow continues to make progress on their other commercial commitments with funding approved for their US Barona 6.6 MWh long duration energy storage project.
E-Zinc
E-Zinc has successfully raised USD $31 million in Series A2 funding. This substantial investment will bolster E-Zinc’s efforts to commercialize its innovative zinc-air battery technology. E-Zinc’s batteries are designed to offer a safe and long-lasting alternative to traditional lithium-ion batteries, making them ideal for large-scale, long duration energy storage applications.
ZincFive
ZincFive continues to make strides in the data center sector, announcing the delivery and contracting of 1 GW of mission-critical data center power solutions. The company is also accelerating its investment in US manufacturing, signaling its dedication to supporting domestic energy infrastructure. Finally, their announcement of strategic partnership with Vertiv to deliver nickel-zinc batteries for data center uninterruptible power supplies (UPS) in North America and EMEA further cements their role as a leader in zinc battery technology deploying their systems with the support of some of the biggest names in data centers..
Eos Energy
Eos Energy has secured a strategic investment of up to $315.5 million from Cerberus to drive its expansion and path to profitability. This investment only bolsters their strength in the market as they successfully launched their commercial production state-of-the-art manufacturing line to rapidly fulfill their growing backlog of orders at the beginning of the month. Among these orders, Indian Energy announced its expansion of their current project with Eos Energy through the California Energy Commission locking in another recurring customer for Eos.
UEP
The U.S. Department of Energy (DOE) has awarded $2 million to prize winners with plans for domestic clean energy manufacturing facilities. Urban Electric Power is just one example of many US zinc battery companies hoping to develop manufacturing and supply chains in the US. Support from the U.S. DOE is important to take advantage of the opportunity to establish zinc batteries as THE U.S. made battery technology.
ABOUND Energy (Zinc8)
ABOUND Energy, formerly known as Zinc8, has received a purchase order for a 15 MWh system from Novus Energy for the Zaerus LDES system. This order marks a significant milestone for Zinc8, showcasing the growing demand for its zinc-based energy storage solutions.
Enerpoly
Enerpoly, a zinc-ion battery maker, has acquired former competitor Nilar’s full cell production and pack assembly lines. This acquisition will enable Enerpoly to scale up its manufacturing capabilities and meet the increasing demand for zinc-ion batteries in various applications.
The Importance of Zinc Batteries
The flurry of activity in the zinc battery sector is a clear indication of the technology’s potential to revolutionize energy storage. With significant investments, strategic partnerships, and advancements in manufacturing, zinc batteries are set to become a cornerstone of the clean energy future. The commitment of companies like Redflow, E-Zinc, ZincFive, Eos Energy, and others to developing and deploying zinc-based solutions highlights the industry’s confidence in this technology’s promise. Octet Scientific is dedicated to support this budding industry with our electrolyte additives increasing performance, cost and reliability as these technologies come to fruition.