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