MGX's subsidiary MGX Renewables Inc. (formerly ZincNyx Energy Solutions Inc.) has developed modular energy storage systems that utilize patented regenerative zinc-air fuel cell battery technology that efficiently store energy in the form of zinc particles. The technology allows for low cost mass storage of energy and can be deployed into a wide range of applications, including:
- Utility-scale storage and power grid load stabilization
- Long term backup power for industrial, commercial, and military facilities
- Remote location off grid and micro grid applications
- Diesel generator replacement or hybridization
Below: Typical 5kW Modular System
The technology consists of three main subsystems that use zinc and air to store energy in the form of zinc particles. When the system is delivering power, the zinc particles are combined with oxygen drawn from the surrounding air. When the system is recharging, zinc particles are regenerated and oxygen is returned to the surrounding air.
Below: Principle of Operation
Unlike conventional batteries, which have a fixed energy/power ratio, this technology uses a fuel tank system that offers flexible energy/power ratios and scalability. The technology emits no greenhouse gases or pollutants.
MGX Renewables Inc. has secured over 20 patents to date and received nearly C$15 million in financial support from its shareholders and Sustainable Development Technology Canada (SDTC) to develop the technology.
Below: U.S. Patent Coverage