Hindustan Zinc and AEsir Technologies join hands for developing Zinc batteries
The MoU is in line with Hindustan Zinc’s efforts towards exploring emerging applications of zinc in the clean energy transition.
Vedanta subsidiary, Hindustan Zinc Limited (HZL), India's largest and the world's second-largest zinc producer, has signed an MoU (memorandum of understanding) with AEsir Technologies, Inc., a USbased company specializing in next-generation zinc battery technologies, bolstering ongoing green transition.
Under this MoU, Hindustan Zinc will be the preferred supplier of zinc, a key raw material for AEsir Technologies' next-generation batteries. Zinc-based batteries provide a compelling alternative to other modern energy storage solutions, delivering higher power at lower costs with minimal maintenance and longer lifespans of up to 20 years. This makes them ideal for large-scale energy storage in industrial settings.
Read Also : R.K. Chaudhary, CMD, NHPC met Chowna Mein, Hon’ble Dy. CM, Arunachal PradeshThe MoU is in line with Hindustan Zinc’s efforts towards exploring emerging applications of zinc in the clean energy transition. Zinc batteries are revolutionizing energy storage due to their corrosion resistance, cost-effectiveness, recyclability, stability, and environmental friendliness.
AESir’s Nickel Zinc (NiZn) batteries have proven dependable and successful in the high-end defense sector (including aerospace and marine), renewable energy, critical infrastructure for data centers 5G telecom, etc. Decades of continuous improvement at live locations have enabled AEsir’s NiZn batteries to eliminate historical issues like electrolyte dry-out, metal branching (dendrite growth), and zinc migration.
Read Also : State Coal Minister inaugurates new solar plant at CCL’s Piparwar AreaThis groundbreaking collaboration demonstrates Hindustan Zinc’s crucial role in catering to the increasing demand for alternative energy solutions by being an active contributor of critical raw materials for the development of emerging clean technologies.
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