Without doubt, Zinc8 Energy Solutions Inc. has the best possible partners to continue its path to full commercialization of its unique, patented, low-cost, long-duration energy storage system.
On April 1, 2020, the New York State Energy and Environment Agencies published a letter to "Clean Energy Industry Businesses and Employees" with the subject "Supporting the Clean Energy Industry Through the COVID-19 Response", reiterating their commitment to clean energy and ensuring that they can and will meet New York´s nation-leading clean energy commitments. The letter was signed by:
- Alicia Barton, President & CEO at NYSERDA (New York State Energy Research and Development Authority)
- Gil C. Quiniones, President & CEO at NYPA (New York Power Authority)
- Basil Seggos, Commissioner at New York State Department of Environmental Conservation
- John B. Rhodes, Chair & CEO at New York State Public Service Commission
- Thomas Falcone, CEO at Long Island Power Authority
Excerpts:
"We are committed to doing everything in our collective power and authority to provide you with assistance and relief in the weeks and months ahead."
"We also know energy, climate, and economic development objectives remain core to our respective missions and cannot be ignored. Establishing and maintaining stability in these critical areas will be key for recovery after this crisis subsides. These goals and approach will help ensure New York remains positioned to meet Governor Cuomo’s nation-leading climate commitments."
The full letter can also be accessed with the following link:
www.nypa.gov/-/media/nypa/documents/document-library/news/Letter-from-agency-heads-to-clean-energy-industries-April-2020.pdf
Previous Rockstone Coverage
Report #7: “Renewable energy stocks could be the first to recover, says JPMorgan“
Report #6: “DEATH OF AN ILL-FATED BULL MARKET AND BIRTH OF A CLEAN ENERGY INFRASTRUCTURE OF RESILIENCE“
Report #5: “First Private Sector Energy Storage Deployment Contract for Zinc8 Energy Solutions: Second Commercial Agreement in New York City“
Report #4: “Visiting the Zinc8 Energy Storage Development and Production Facility: The Dawn of the Utility-Scale Battery Era“
Report #3: “The Largest State-Owned Power Utility in the USA Announces Collaboration with Zinc8 Energy Solutions“
Report #2: “MGX Renewables becomes Zinc8 Energy Solutions“
Report #1: “Bridging the Renewable Energy Infrastructure Gap“
Company Details
Zinc8 Energy Solutions Inc.
#1 – 8765 Ash Street
Vancouver, BC, Canada V6P 6T3
Phone: +1 604 558 1406
investors@zinc8energy.com (Patrick)
www.zinc8energy.com
ISIN: CA98959U1084 / CUSIP: 98959U108
Shares Issued & Outstanding: 75,711,374
Canada Symbol (CSE): ZAIR
Current Price: $0.275 CAD (04/01/2020)
Market Capitalization: $21 Million CAD
Germany Symbol / WKN (Tradegate): 0E9 / A2P15E
Current Price: €0.18 EUR (04/02/2020)
Market Capitalization: €14 Million EUR
Contact:
Rockstone Research
Stephan Bogner (Dipl. Kfm.)
8260 Stein am Rhein, Switzerland
Phone: +41-44-5862323
Email: info@rockstone-research.com
www.rockstone-research.com
Disclaimer: This report contains forward-looking information or forward-looking statements (collectively "forward-looking information") within the meaning of applicable securities laws. Forward-looking information is typically identified by words such as: "believe", "expect", "anticipate", "intend", "estimate", "potentially" and similar expressions, or are those, which, by their nature, refer to future events. Rockstone Research, Zinc8 Energy Solutions Inc. and Zimtu Capital Corp. caution investors that any forward-looking information provided herein is not a guarantee of future results or performance, and that actual results may differ materially from those in forward-looking information as a result of various factors. The reader is referred to the Zinc8 Energy Solutions Inc.´s public filings for a more complete discussion of such risk factors and their potential effects which may be accessed through their profiles on SEDAR at www.sedar.com. Please read the full disclaimer within the full research report as a PDF (here) as fundamental risks and conflicts of interest exist. Zinc8 Energy Solutions Inc. pays Zimtu Capital Corp. to provide this report and other investor awareness services.The author, Stephan Bogner, holds a long position in Zinc8 Energy Solutions Inc. and is being paid by Zimtu Capital Corp. for the preparation and distribution of this report, whereas Zimtu Capital Corp. also holds a long position in Zinc8 Energy Solutions Inc. The cover picture has been obtained from KieferPix.
