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The Largest State-Owned US Power Utility Announces Collaboration with Zinc8 Energy Solutions

Cooperation Agreement with the New York Power Authority to Deploy Zinc-Air Battery System

This may eventually turn out to be the biggest announcement for MGX Renewables Inc. (doing business as “Zinc8 Energy Solutions Inc.“; pending name change) on the road to commercialization of its low-cost, long-duration battery energy storage system. New York State appears to be the perfect place and the New York Power Authority the perfect partner to demonstrate the advantages of Zinc8‘s battery technology under real conditions.

Today, the New York Power Authority (NYPA) issued a press-release announcing “a collaboration with a leading-edge energy storage company to develop a demonstration energy storage system, using new zinc-air energy storage technology, in New York State”. “The project, selected as a winner through the NYPA Innovation Challenge, will have the ability to provide back-up power, help level grid demand, and move the state further toward a carbon-free electric grid supported by renewable energy resources”, the press-release stated. “The new technology storage system will help advance Governor Cuomo’s Green New Deal by helping to achieve the Governor’s aggressive energy storage goal of 3GW by 2030 and by supporting a nation-leading commitment of 100 percent electricity from zero carbon emission sources by 2040.”

Founded in 1931 by Franklin D. Roosevelt, the New York Power Authority (NYPA) is the largest state-owned public power utility in the United States, owning and operating 16 power plants in concert with +1,400 miles of transmission lines.