Zinc8 Energy Solutions Inc. ('Zinc8' or the 'Company') (CSE: ZAIR) (OTC: ZAIRF) (FSE: 0E9) is pleased to announce the Company has been named a 'Best-in-Class' solution in the Energy Storage Category for the Real Estate Board of New York's ('REBNY') 2022 PropTech Challenge.

REBNY, New York City's leading real estate trade association, in partnership with New York State Energy Research and Development Authority ('NYSERDA') and Commercial Observer, made the theme of this year's PropTech Challenge 'Getting to Carbon Net Zero'. The focus was on sustainable developments and ongoing effort by the real estate industry to reduce emissions throughout the built environment. Vendors and technology solution providers from four different categories of sustainability were asked to submit their proposed solutions to a panel of judges with representatives from REBNY, NYSERDA and Commercial Observer. The finalists from each category were invited to present at a live/virtual event in New York City.

'We are proud to be selected as a best-in-class solution for the energy storage category,' said Ron MacDonald, President and CEO of Zinc8 Energy Solutions. 'Members of the real estate industry in New York are acutely aware of the need to reduce emissions from new and existing infrastructure in anticipation of Local Law 97 and are looking to deploy innovative technologies in an effort to reduce their carbon footprint. We would like to thank the panel for the opportunity to demonstrate our technology solution and network with industry leaders at this important event.'

Zinc8 Energy Solutions focuses on developing and commercializing its low-cost, long duration ZESS for utilities, microgrid, and Commercial & Industrial markets. By using the patented ZESS as a standalone or an enabling technology, it allows opportunities for peak demand reduction, time-of-use arbitrage, and participation in both the value stacking programs and the distributed long-duration energy storage space, all in conjunction with the opportunity for a significant reduction in carbon footprint. The long duration (8-100+ hours) ZESS has no fire and explosion risk, has no capacity fade over extensive lifetime, and offers complete charge operational flexibility.

About Zinc8 Energy Solutions Inc. Zinc8 has assembled an experienced team to execute the development and commercialization of a dependable low-cost zinc-air battery. This mass storage system offers both environmental and efficiency benefits. Zinc8 strives to meet the growing need for secure and reliable power.

More about the Zinc8 Energy Storage System (ESS)

The Zinc8 ESS is a modular Energy Storage System designed to deliver power in the range 20kW - 50MW with capacity of 8 hours of storage duration or higher. With the advantage of rechargeable zinc-air flow battery technology, the system can be configured to support a wide range of long-duration applications for microgrids and utilities. Since the energy storage capacity of the system is determined only by the size of the zinc storage tank, a very cost-effective and scalable solution now exists as an alternative to the fixed power/energy ratio of the lithium-ion battery.

Technology

The Zinc8 ESS is based upon unique patented zinc-air battery technology. Energy is stored in the form of zinc particles, similar in size to grains of sand. 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.

Contact:

Tel: 604.558.1406

Email: partners@zinc8energy.com

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