ZincFive Nickel-Zinc Battery Technology Achieves 9.4/10 Score in Climate Impact Profile
ZincFive technology offsets greenhouse gas emissions four times faster than Lithium-Ion
PORTLAND, Oregon—(September, 2020)— ZincFive, the world leader in nickel-zinc (NiZn) batteries and power solutions, today published the findings of Boundless Impact Research and Analytics’ (Boundless) NiZn battery Climate Impact Profile. Boundless analyzed the climate impact of the ZincFive NiZn battery technology, taking into account key performance indicators such as greenhouse gas (GHG) emissions, water footprint, energy footprint, and hazardous material requirements, scoring ZincFive’s NiZn batteries at 9.4 with 10 representing the highest positive environmental impact.
The Boundless Climate Impact Profile compared ZincFive’s NiZn battery against traditional battery chemistries such as lithium-ion, lead-acid and sodium-sulfur. The Carbon Return on Customer Purchase for ZincFive’s battery offers six times or more avoidance of GHG emissions compared to lithium-ion and four times more compared to lead-acid chemistries. The Climate Impact Score was based on a per kWh impact for the key performance indicators and the ZincFive battery scored higher than the other battery chemistries on almost all environmental key performance indicators.
Safety of NiZn batteries was also considered in the scoring. ZincFive’s batteries do not use toxic substances, but are composed of highly recyclable materials that are not harmful to the environment and non-flammable, resulting in significant environmental and commercial advantages compared to lead-acid and lithium-ion batteries.
Michele Demers, Founder and CEO of Boundless Impact Research and Analytics, said: “Our climate impact assessment of battery storage technologies provide a science-based and independent critique and comparison of the environmental impact of these critical technologies. ZincFive’s nickel-zinc battery offers a significant environmental improvement over other popular battery chemistries and provides a compelling alternative.”
According to the report, ZincFive batteries use safe and abundant materials that mitigate battery hazards, health risks and scarcity concerns. Nickel and zinc are four and five times more abundant in the earth’s crust, respectively, than lithium and lead.
Tim Hysell, ZincFive CEO and Co-Founder, says: “In our electrified world, environmentally conscientious battery technology is no longer optional but a necessity. ZincFive’s batteries provide a breakthrough for support of our customers’ sustainability goals while delivering industry leading performance and safety in operation. More than ever we need to make sure that we are taking care of the climate and environment we will be leaving to future generations.”
About ZincFive, Inc.
The modern electrified world requires safe, reliable, powerful and green battery storage to realize the potential of technology for society. ZincFive’s nickel-zinc batteries are the high-power, fail-safe, fully recyclable battery technology powering the future. ZincFive is the world leader in innovation and delivery of nickel-zinc battery-based uninterruptible power solutions for mission critical applications in Data Centers and Intelligent Transportation as well as providing batteries and storage solutions for Electric Grid reliability and Motive applications. With over 100 patents awarded, ZincFive leverages safe, green nickel-zinc chemistry within its solutions to provide high power density and performance simultaneous with superior safety and environmental advantages. ZincFive is a privately held company based in Tualatin, Oregon. zincfive.com.
About Boundless Impact Research and Analytics
Boundless is a market intelligence and impact analytics firm that provides quantitative and evidence-based research and data for investors, companies, and funds. Using Scope 3 analysis, we are one of the only data providers that delivers clear and accurate insights on climate and business risks in a company’s supply chain. By contrast, the leading “climate analytics” providers use unverified and inaccurate data. Our research into emerging technologies in climate and health, impact assessment of companies, and thought leadership provide investors with the latest and most relevant information to drive their investment decisions.