Leveraging its proprietary technology, e-Zinc is developing zinc-air batteries that can supply power long-term at a low cost. Zinc-air batteries are expected to offer advantages such as less self-discharge, less degradation through repeated use, higher safety, and easier reuse compared with conventional lithium batteries. They also feature higher energy density than lead-acid batteries.
This investment will help accelerate e-Zinc's development of a demonstration and establishment of a manufacturing base for the commercialization of this low-cost, flexible, and long-duration energy storage solution. Going forward, MHI will continue to enhance and diversify its solutions portfolio, providing its customers with alternative decarbonization technologies to reach net zero goals.
