Canadian firm Zinc8 Energy Solutions has signed an agreement in principle with engineering firm SmartConsult to explore joint-venture projects concerning the deployment of zinc-air energy storage systems in Australia.
The Agreement focuses on deploying Zinc8’s ESSs at aquatic centres, remote mines and behind-the-meter applications throughout Australia.
The agreement begins the joint examination of microgrids and utility scale transmission & distribution opportunities in Australia.
Australia and the Australian Renewable Energy Agency (ARENA) have been setting aggressive renewable energy and energy storage targets with a total of AUD $1.58 billion ($1.1 billion) invested in 543 projects to expand the development and deployment of greenhouse-gas-reducing energy projects.
SmartConsult CEO Luke Hardy said they had been looking for a battery solution that did not have the inherent issues such as uncertain cycle-life and limited longevity, and he believed the Zinc8 solution would be ideal for the company’s large-scale industrial customers.