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Zinc8 Energy Solutions Inc
Symbol ZAIR
Shares Issued 149,934,610
Close 2022-04-19 C$ 0.28
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Zinc8 named "best-in-class" in REBNY PropTech Challenge

2022-04-19 17:12 ET - News Release

Mr. Ron MacDonald reports

ZINC8 ENERGY NAMED AS A "BEST-IN-CLASS" SOLUTION FOR 2022 PROPTECH CHALLENGE

Zinc8 Energy Solutions Inc. has been named a "best-in-class" solution in the energy storage category for the Real Estate Board of New York's (REBNY) 2022 PropTech Challenge.

REBNY, New York's leading real estate trade association, in partnership with New York State Energy Research and Development Authority (NYSERDA) and Commercial Observer, made the theme of this year's PropTech Challenge "getting to carbon net zero." The focus was on sustainable developments and continuing effort by the real estate industry to reduce emissions throughout the built environment. Vendors and technology solution providers from four different categories of sustainability were asked to submit their proposed solutions to a panel of judges with representatives from REBNY, NYSERDA and Commercial Observer. The finalists from each category were invited to present at a live/virtual event in New York.

"We are proud to be selected as a best-in-class solution for the energy storage category," said Ron MacDonald, president and chief executive officer of Zinc8 Energy Solutions. "Members of the real estate industry in New York are acutely aware of the need to reduce emissions from new and existing infrastructure in anticipation of Local Law 97 and are looking to deploy innovative technologies in an effort to reduce their carbon footprint. We would like to thank the panel for the opportunity to demonstrate our technology solution and network with industry leaders at this important event."

Zinc8 Energy Solutions focuses on developing and commercializing its low-cost, long-duration ZESS for utilities, microgrid, and commercial and industrial markets. By using the patented ZESS as a stand-alone or an enabling technology, it allows opportunities for peak demand reduction, time-of-use arbitrage, and participation in both the value stacking programs and the distributed long-duration energy storage space, all in conjunction with the opportunity for a significant reduction in carbon footprint. The long duration (eight to 100-plus hours) ZESS has no fire and explosion risk, has no capacity fade over extensive lifetime, and offers complete charge operational flexibility.

About Zinc8 Energy Solutions Inc.

Zinc8 has assembled an experienced team to execute the development and commercialization of a dependable low-cost, zinc-air battery. This mass storage system offers both environmental and efficiency benefits. Zinc8 strives to meet the growing need for secure and reliable power.

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