Today's News |
Zinc8 Energy Solutions Announces Appointment of New Chief Financial Officer and Engages Blackland Energy Partners
Thursday, December 28, 2023Company Profile | Follow Company
Vancouver, BC, December 27, 2023--(T-Net)--Zinc8 Energy Solutions Inc. (CSE: ZAIR) announced that Mr. Swapan Kakumanu has joined the Company as CFO to replace Mr. Jason Birmingham in his role as interim CFO.
The company also announced the strategic collaboration with Blackland Energy Partners.
Mr. Swapan Kakumanu has more than 25 years of senior finance and operations experience and has served at the senior executive management levels, both in public and private companies, in high growth technology, manufacturing, blockchain, medical device, and oil field services industries.
He has held senior roles as President, Chief Executive Officer, Chief Financial Officer, Controller, Company Secretary, and Board Member for public and private companies in the information technology and energy services sectors.
Mr. Kakumanu has extensive experience in public company reporting, investor relations, ERP implementations, mergers and acquisitions, internal controls, and overall financial and operations management. He is well versed in commercializing technologies and launching software (including SaaS) solutions and his experience spans manufacturing, distribution, oilfield services, healthcare technologies, and multi-jurisdictional operations.
The principal aim of the collaboration with Blackland Energy Partners is to drive the commercialization of Zinc8's patented products while concurrently enhancing the overall corporate structure.
Blackland, renowned for its proficiency in corporate efficiency and energy storage solutions across North America, is well-positioned to assume a pivotal role in leading this strategic initiative for the Company.
This agreement signifies a strategic alignment, merging the technological potential of Zaeras with the operational expertise and vision of Blackland and Zinc8. Together, they aim to achieve substantial progress in advancing and shaping the landscape of long-duration energy storage technologies.
The Blackland team has worked exclusively with some of the world's leading Photovoltaic and Wind Turbine providers. They have facilitated new and established manufacturing locations in North America, Europe and Asia on their behalf, providing installation, preventative maintenance, logistics, service & manufacturing support. Blackland provides end to end manufacturing solutions that can simplify Zinc8's operations, while streamlining communications both internally and to the market.
Dr. Simon Fan, Director of Zinc8 stated, "We anticipate that this partnership will lay the groundwork for a streamlined path to achieve our short-term goals, fostering heightened market awareness and a more favorable financial outlook. This collective effort signifies a commitment to guiding Zinc8 toward a trajectory of growth, technological innovation, and strengthened market presence."
About Zinc8 Energy Solutions Inc.
At Zinc8 we specialize in providing scalable, environmentally friendly, long-lasting energy storage solutions. Our multi-patented Zaeras™ Flow Battery, technology uses zinc-air chemistry, to store and deliver electricity on demand, without the restrictions or environmental risks associated with today's market leaders.
About Zinc8's Zaeras™ Technology
Zinc8, utilizing its multi-patented 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. All of this aligns with the opportunity to achieve a notable decrease in carbon footprint.
Zaeras™ is unique 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. Similar to other Flow Battery technologies, Zaeras' energy storage capacity is solely dictated by the dimensions of the zinc storage tank. This characteristic yields a highly cost-effective and easily scalable solution, offering an alternative to the fixed power-to-energy ratio constraints, associated with lithium-ion batteries.
To learn more about Zinc8's technology, please visit: https://zinc8energy.com
Notice Regarding Forward Looking Statements All statements and disclosures, other than those of historical fact, which address activities, events, outcomes, results or developments that Zinc8 Storage anticipates or expects may or will occur in the future (in whole or in part) should be considered forward-looking statements. [ MORE ] |
Company Snapshot |
||
ABOUND Energy (formerly Zinc8 Energy Solutions)
Vancouver (CleanTech & Energy)
|
Other Recent Company News |
|||||||||||||||||||
|