In a groundbreaking collaboration, Hindustan Zinc Ltd, India’s largest zinc producer, has secured a deal with AEsir Technologies, Inc., a US-based company at the forefront of next-generation zinc battery technologies. Under the memorandum of understanding (MoU) signed between the two companies, Hindustan Zinc will become the preferred supplier of zinc, a crucial raw material for AEsir Technologies’ innovative zinc batteries.
Zinc-based batteries have emerged as a game-changer in the energy storage sector, offering a superior combination of power, cost-efficiency, durability, and sustainability. These batteries are well-suited for large-scale energy storage applications in industrial settings, with a lifespan of up to 20 years and minimal maintenance requirements.
The partnership with AEsir Technologies aligns with Hindustan Zinc’s strategic focus on exploring new avenues for zinc utilization in the clean energy transition. The company is committed to supporting innovative technologies that contribute to sustainable energy solutions and environmental conservation.
AEsir Technologies’ nickel zinc (NiZn) batteries have already gained traction in various sectors, including defense, renewable energy, and critical infrastructure such as data centers and 5G networks. The unique design of these batteries has overcome traditional challenges associated with zinc-based storage, ensuring reliability, safety, and efficiency.
Overall, this collaboration signifies a significant step towards advancing the adoption of zinc batteries globally and accelerating the transition towards cleaner and more efficient energy storage solutions. With Hindustan Zinc as the preferred supplier of zinc, AEsir Technologies is well-positioned to drive innovation and sustainability in the battery industry.
