Zinc Flow Air Battery (ZFAB) for electric vehicles and energy storage

ReVolt Technology, a technology company, which has developed a rechargeable Zinc-Air battery system, today announced that it will complete its new R&D and head office facility on the 27th September 2011.

An official opening event will take place to mark the completion with invited guests from local, state and national government joining employees, suppliers, industrial partners and investors to tour the facility, see the company at work and learn more about its breakthrough technology.

The new facility, in Portland’s Airport Way Urban Renewal Area, is already in operation and will be used for development of the company’s Zinc Flow Air Battery (ZFAB) for electric vehicles and energy storage applications. This new class of rechargeable battery system combines key innovations from the fields of fuel cells and metal-air batteries. The technology has the potential to provide a battery system with three times the energy density of today’s technologies at approximately half the cost and with lower environmental impact.

“Portland is on a technology roll,” said Mayor Sam Adams. “ReVolt’s commitment to innovation and job creation for our talented workforce advances our mission to become a global leader in clean technology. We welcome ReVolt as a vital addition to Portland’s bright, collaborative, exciting business community.”

“New technologies like ReVolt’s battery and energy storage are critical to our clean energy future,” said Governor Kitzhaber. “I am thrilled Revolt has invested in Oregon and is part of our state’s growing clean economy sector.”

“We are delighted to have this opportunity to thank all those who have helped us in our move to Portland,” said James P. McDougall, CEO of ReVolt Technology Group. “Everyone involved has worked very hard to realize the completion of this new R&D center and the team we have recruited here in Portland is already making great strides in the development of our technology. Portland and Oregon provide us with a great base for the development of our business here in the US and we are looking forward to a long and happy association with the city and state.”

ReVolt Technology is developing a Zinc-Air battery technology that will transform the global market for stored energy solutions. ReVolt’s technology performance attributes provide the highest-energy density (up to 3 times that of Lithium Ion), low-cost, safe and green. These attributes pose both a disruptive influence on the competitive landscape and significant step-change in performance for some consumer electronics, electric vehicles and grid-based alternative energy storage solutions.