MGX Minerals Inc.’s wholly-owned subsidiary ZincNyx Energy Solutions, Inc. has signed a deal with New York-based systems integrator Digital Energy Corporation to install the ZincNyx zinc-air flow-battery system at a demonstration site in New York City.
On completion of the first project, ZincNyx and Digital, a project development and energy consulting firm, will develop additional installation sites and work to expand distribution of the ZincNyx technology.
The project will demonstrate ZincNyx’s patented high capacity battery technology in combination with an onsite co-generation plant to reduce cost and increase revenue through multiple value streams, including peak shaving, demand response and economic dispatch.
The ZincNyx flow battery chosen for the project employs a unique zinc-air chemistry that is safe for use in densely populated areas, the company noted. The project will identify the operational and regulatory requirements to be satisfied for deployment in the state of New York.
The zinc-air system is recognized as advantageous due to its inherent safety, high energy density and abundance of its raw materials, according to ZincNyx. Other unique advantages, such as the ability to simultaneously charge and discharge, flexibility to optimize power and energy needs, low cost of energy for long durations and modularity, further simplified the decision.
“Digital’s years of experience with system integration and energy generation will greatly enhance our ability to deploy energy storage solutions throughout the United States,” ZincNyx president and CEO Suresh Singh said in a statement.
“We believe the ZincNyx flow battery product, along with revenue streams from the New York State REV initiative and the NYISO, will provide a high value proposition for this and future projects,” added Digital Energy vice-president Jon Lilian.
ZincNyx also said this week it has developed new methods to expand the capacity of its zinc-air fuel cell battery as part of the mass production design phase. Although the main tank of the basic system may be made of any suitable size, there are practical limitations to the physical size and electrical capacity of the regenerator and fuel cell units.
ZincNyx has overcome this restriction by developing an expanded capacity system wherein multiple regenerator units and multiple fuel cells can be assembled into a single system to deliver a wide variety of configurations and capacities that can be optimized for individual applications.