Zinc8 Energy Solutions Inc. has announced it has signed an agreement in principle with Australian Engineering firm SmartConsult in which the two companies have agreed to explore joint-venture projects concerning the deployment of Zinc8's patented Zinc-Air Energy Storage System.
The Agreement focuses on deploying Zinc8's Zinc-Air Energy Storage System at aquatic centres, remote mines and behind-the-meter applications using SmartConsult's extensive knowledge, contacts in and relations with a broad range of energy users, energy systems suppliers throughout Australia and a pipeline of customers. They have built this extensive network through the deployment of 128 commercial projects with a total of over 8.5 MW of installed solar capacity. The agreement also sets in motion the joint examination of microgrids and utility scale transmission & distribution opportunities in Australia.
“SmartConsult, as an Australian industry leader in renewable energy projects, is the ideal company to work with to deploy Zinc8's long duration storage system to this rapidly developing market” said Ron Macdonald, President and CEO of Zinc8 Energy Solutions.