Shell, venture capitalists Ankur Capital, APVC invest in Offgrid Energy Labs’ energy storage technology, Energy News, ET EnergyWorld

New Delhi: Offgrid Energy Labs, a deep science, Intellectual Property led global innovator unveils its first innovation – rechargeable zinc-based battery (ZincGel). Backed by investors including Shell Ventures, Ankur Capital, and APVC Singapore, Offgrid Energy Labs aims to disrupt the global energy storage market through new materials and design for stationary batteries.

Growing demand for sustainable energy storage has highlighted three key problems with current battery technologies: imbalanced performance, environmental impact, and high prices that are commercially unviable. Offgrid Energy Labs is trying to address these by incorporating design, using commonly available recyclable materials, and driving performance through a modular battery technology platform, ZincGel. Targeting not just the stationary storage market segment, Offgrid Energy Labs’ ZincGel technology provides modular solutions for low powered mobility applications as well.

ZincGel battery-tech aims to outperform conventional energy storage batteries in terms of power density, battery-life, and cost efficiency. Offgrid Energy Labs innovations want to accelerate the shift towards democratised, sustainable, safer and efficient energy storage solutions. The company primarily focuses on renewables energy storage, microgrids, electric vehicle charging and grid applications in utilities.