Phinergy is an Israeli clean energy company developing metal-air technology, turning metals – namely aluminum and zinc – into a new way to store, transport and generate clean and safe energy. Applications include energy backup for critical sites (as a replacement to lead-acid batteries or diesel generators), range extension for electric vehicles, or low-cost renewable energy storage. The company was founded in 2009 by Aviv Tzidon, currently Phinergy's Chairman. The company's CEO is David Mayer.
The company's technology originates at Bar Ilan University,[1] and has been further developed by Phinergy, turning the technology into products for various applications.
In February 2021, Phinergy completed an IPO at the Tel Aviv Stock Exchange.[2]
Strategic partnerships
In March 2021, Phinergy and Indian Oil formed a joint venture in India for collaboration in the sector of Al-air battery system.[3] This includes research and development, customization, assembly, manufacturing and sale of aluminium-air batteries for the Indian market, specifically electric vehicles.[4]
References
- Israel’s Phinergy Tests 1,100-Mile Range Electric Car; Aluminum-Air Battery System. The Algeminer, JUNE 17, 2014^
- Clean energy co Phinergy raises NIS 200m in TASE IPO Globes, 2021-04-02, retrieved 2021-03-17^
- www.ETEnergyworld.com. Indian Oil Corporation enters into joint venture with Israeli company Phinergy - ET EnergyWorld ETEnergyworld.com, retrieved 2021-03-22^
- www.ETEnergyworld.com. IndianOil buys stake in Phinergy of Israel for manufacturing of aluminium-air batteries - ET EnergyWorld ETEnergyworld.com, retrieved 2021-01-30^