ZINC-AIR BATTERY MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Developments

• In January 2022, Zinc8 Energy Solutions announced a deployment agreement with Digital Energy Corporation to install a patented zinc-air energy storage system with Fresh Meadows LLC in Queens, New York. The agreement involves the installation of an innovative energy storage solution at Fresh Meadows Community Apartments in Queens, New York.
• In December 2021, Zinc8 Energy Solutions developed zinc-air batteries as an alternative to lithium-ion batteries, offering a 20,000-hour operating life and more than eight hours of storage. These batteries are designed for long-duration, high-capacity storage needs in applications such as wind or solar energy storage, commercial settings, and industrial backup to replace diesel generators. The company’s zinc-air batteries are safe, cost-effective, and do not experience thermal runaway like lithium-ion cells.
• In April 2021, Phinergy signed a memorandum of understanding with a green energy company, Doral in the field of an energy storage project, which will implement Phinergy’s zinc-air technology solutions. The memorandum states that Phinergy will be responsible for installation, operation, training, and replacement of equipment and maintenance of zinc-air technology and integration with Doral's energy facility.
• In January 2021, The Tunderzee, a manufacturer, launched a new revolutionary zinc-air battery that is cheaper, lighter, safer, and more effective when compared to the lithium-ion batteries