According to the information from the media sources, Hindustan Zinc rallied 3.34% to Rs 669.25 after the zinc producer said that it has signed a memorandum of understanding (MoU) with AEsir Technologies to innovate the battery storage space. AEsir Technologies, Inc., a US based company specializing in next-generation zinc battery technologies. It develops and commercializes next-generation zinc battery technologies that use sustainable materials that can be safely and easily recycled. Its breakthrough battery technologies include Nickel-Zinc, Lithium-Zinc, and Zinc-Air.
As per the reports, 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 upto 20 years. The said MoU is in line with the companys 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. They offer broader temperature tolerance, and reliable backup power for extended periods (3-72 hours) compared to other metals. They are built with non-flammable materials, are non-reactive to air and water, and produce no toxic fumes, ensuring greater safety.
As per the information, Additionally, Zinc-based batteries are recyclable, use non-hazardous raw materials, and have a greenhouse gas (GHG) footprint six times lower than other technologies. AESirs Nickel Zinc (NiZn) batteries have proven dependable and successful in the high-end defence sector (including aerospace and marine), renewable energy and critical infrastructure for data centres and 5G telecom etc. Decades of continuous improvement at live locations have enabled AEsirs NiZn batteries to eliminate historical issues like electrolyte dry-out, metal branching (dendrite growth), and zinc migration, it added.
#dailyaawaz #newswebsite #news #newsupdate #hindinews #breakingnews #headlines #headline #newsblog #hindisamachar #latestnewsinhindi
Hindi news, हिंदी न्यूज़ , Hindi Samachar, हिंदी समाचार, Latest News in Hindi, Breaking News in Hindi, ताजा ख़बरें
