Hindalco, Indian Oil and Israel’s Phinergy join forces to make aluminum-air batteries

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  • Aditya Birla Group has signed a Memorandum of Understanding (MoU) with: phinergy and IOC Phinergy.
  • The two companies will work exclusively with hindalco in India, on R&D and pilot production of aluminum sheets.
  • Aluminium-Air technology enables energy generation by combining oxygen from the ambient air with metals, especially aluminum and zinc.

Aditya Birla Group’s Metal Flagship Hindalco Industries signed an agreement with Israel-based Phinergy and IOC Phinergy Private (IOP). The companies will partner exclusively with Hindalco in India for R&D and pilot production of aluminum sheets for Aluminium-Air batteries.

The trio will also look into recycling aluminum after use in these batteries. “Climate action is an integral part of our business and our partnership with Phinergy and IOP is an important step towards decarbonising mobility. The partnership is also a testament to Hindalco’s globally recognized capabilities in innovation and R&D and we are pleased to contribute to the development of the aluminum-air battery,” said Satish Pai, Managing Director of Hindalco Industries.

“India has an abundance of aluminum resources and this technology can help improve the country’s energy and resource security,” he added.

Aluminium-Air technology enables energy generation by combining oxygen from the ambient air with metals, especially aluminum and zinc. Aluminium-Air batteries provide a viable alternative to other battery chemistries and will boost domestic battery production to meet the growing demand for energy storage in India.

Phinergy is a cleantech company known for its metal-air battery technology, while IOC Phinergy is a joint venture between Phinergy and India’s leading energy public sector unit (PSU) Indian Oil Corporation.

The partnership with Hindalco is an important step in the deployment of Aluminium-Air batteries in India and will “significantly improve” the development of an ecosystem that will allow to supply “aluminium as energy” produced in India, said David Mayer, CEO of Phinergy.

“The partnership will propel India’s ambitious journey towards sustainable, affordable and secure energy options for stationary and e-mobility purposes,” said IOP president Sanjeev Gupta.

The electric vehicles (EV) mark — which would be the primary segment for aluminum-air batteries — is expected to reach cumulative sales of 80 million units by 2030, according to a joint report by the German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety and NITI Aayog.

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