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  • ZBB Energy Corp. (ZBB) To Deliver Next Generation Efficiencies By Advancing Flow Battery And Power Electronics Technologies 0 comments
    Jun 14, 2013 9:58 AM | about stocks: ZBB

    ZBB Energy, the leading developer of intelligent, renewable energy power platforms and hybrid vehicle control systems, recently unveiled that the company is undertaking two distinct technology initiatives; one to enhance the performance of the cell stacks utilized in the current ZBB EnerStore(NYSE:TM) 50 kWh product, and the other to develop a low cost 500 kWh flow battery system that leverages the aforementioned performance gains.

    Working with an undisclosed domestic technology organization, ZBB Energy has endeavored to develop specific materials to improve the efficiency and reduce the cost of ZBB's zinc bromide flow batteries, and formally entered into a development agreement with the organization in April of this year. In conjunction with other internally developed advances, preliminary results of this joint effort are expected to yield efficiency gains of up to 20% while simultaneously reducing materials costs.

    The company also recently announced that it has entered into a development agreement with an undisclosed offshore partner to create the design of a new 500 kWh zinc bromide flow battery platform, which will provide less cost per kWh in markets requiring larger systems, such as utilities, grid connected microgrids, and remote microgrids.

    "ZBB has aggressively pursued price and performance improvements for its zinc bromide flow battery products. We believe that the broad utility-scale market is now beginning adoption of energy storage, and that a sale price of about 500/kWh will accelerate market adoption. These design initiatives should enable our products to hit these cost levels. We are fortunate to have partners that can supplement the technical and financial resources of ZBB to accelerate these high leverage projects," stated Eric Apfelbach, ZBB Energy President and CEO. "While still in the development phase, we believe the preliminary results will translate into significant performance gains as we commercialize the technology."

    For more information on ZBB Energy, please visit zbbenergy.com

    Please see disclaimer on the QualityStocks website: disclaimer.qualitystocks.net

    Stocks: ZBB
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