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Abound Energy Inc C.ABND

Alternate Symbol(s):  ZAIRF

Abound Energy Inc, formerly Zinc8 Energy Solutions Inc, specialize in providing energy storage solutions. The Company’s Zaeras Flow Battery technology uses zinc-air chemistry to store and deliver electricity on demand. It is utilizing its Zaeras technology, whether deployed independently or as a facilitative technology, presents opportunities for achieving peak demand reduction, capitalizing on time-of-use arbitrage, engaging in value stacking programs, and entering the distributed long-duration energy storage domain. Zaeras is distinctive in its inherent absence of fire or explosion hazards, sustained capacity preservation over its extensive lifecycle, and its versatility in independently managing charge and discharge operations. Zaeras energy storage capacity is solely dictated by the dimensions of the zinc storage tank. This characteristic yields a scalable solution, offering an alternative to the fixed power-to-energy ratio constraints associated with lithium-ion batteries.


CSE:ABND - Post by User

Comment by SmilingDogon Dec 16, 2021 2:02pm
74 Views
Post# 34237746

RE:Zoom with Zimtu meeting...anyone watch it?

RE:Zoom with Zimtu meeting...anyone watch it?I thought it was a very positive update.

Technology works - just working on testing/certifications now

Confident in receiving grants from NY to help with funding - they're planning on building their first commercial plant in NY in 2023 so I'm sure NY is making it an attractive deal (from both financing and as a customer)

Talked through how Zinc8 solution beats out competition for anything above 8hrs - EOS is stuck at $200/kwh while Zinc8 cost declines all the way to $62/kwh at 100hrs

Talked through some of the projects - Surrey is waiting on permits for solar and construction to finish

Zinc price is up, BUT Lithium and vanadium prices up A LOT more - which actually improves relative pricing even more

Some really great comments around Tom H. (new board member) - believes in Zinc8 technology (built a career in battery materials - started LAC), thinks valuation is very attractive, has a big network and is already starting to leverage it for Zinc8
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