ZincNyx has developed a modular storage system using zinc and air to store energy, which has none of the traditional high cost battery commodities such as lithium, vanadium or cobalt. ''Graphene is getting a lot of attention for many applications, but is particularly promising for electrochemical reactions since it can perform on par with traditionally used platinum'' said project lead Professor Jeff Gostick of the University of Waterloo, Calgary, Canada.
ZincNyx chief executive Suresh Singh added: "We are entering early commercialization, but saw a strong need on the horizon to drive down costs to fuel further growth... We are very pleased to be working with this particular group of researchers.''
Source: proactiveinvestors