Vedanta group firm Hindustan Zinc Ltd on Wednesday said that it has partnered with IIT Madras to develop advanced zinc-air battery technology.
Zinc-air batteries offer a cost-effective, rechargeable and durable alternative to expensive and imported lithium-ion batteries.
The collaboration aims to develop a 1 kWh electrically-rechargeable zinc-air battery prototype, Hindustan Zinc said in a statement.
"This partnership marks a significant step forward in the evolution of zinc-based battery technologies, leveraging zinc's abundant resource availability, cost-effectiveness and established safety record," the statement said.
While lithium-ion batteries currently dominate the market, their high cost, limited resource availability and safety concerns present major challenges that zinc-based alternatives can effectively address.
"Our partnership with IIT Madras will advance research on zinc-air battery technology, that will redefine the future of energy storage. By exploring new applications of zinc in energy storage, we are committed to contributing to a greener and more sustainable future for the generations to come," Hindustan Zinc Ltd CEO Arun Misra said.
Zinc-air batteries are emerging as a viable alternative, known for their long-duration storage capabilities, durability and potential to be a more affordable alternative to lithium-ion batteries. Compared to lithium, which is over four times more expensive, zinc offers a more affordable solution with superior performance attributes.
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