ReVolt, a battery technology company, which has developed a rechargeable Zinc-Air battery system, announced that it will complete its new R&D and head office facility on the 27th September 2011. Revolt was recruited to Portland back in 2009 by the Portland Development Commission, a Portland agency who’s mission is to promote economic development in targeted industry clusters such as clean tech and advanced manufacturing. ReVolt managers chose Portland for their U.S. headquarters, saying they would ultimately hire about 250 people. Last year, Revolt received a $5 million US government stimulus grant that was targeted to aid cutting-edge research projects with the potential to dramatically transform how we use energy.

The new facility, in Portland’s Airport Way Urban Renewal Area, is already in operation and will be used for development of the company’s Zinc Flow Air Battery (ZFAB) for electric vehicles and energy storage applications. This new class of rechargeable battery system combines key innovations from the fields of fuel cells and metal-air batteries. The technology has the potential to provide a battery system with three times the energy density of today’s technologies at approximately half the cost and with lower environmental impact.

“Portland is on a technology roll,” said Mayor Sam Adams. “ReVolt’s commitment to innovation and job creation for our talented workforce advances our mission to become a global leader in clean technology. We welcome ReVolt as a vital addition to Portland’s bright, collaborative, exciting business community.”

Mayor Sam Adams has also been quoted “As a company on the cutting edge of the electric-vehicle industry, ReVolt is bringing to Portland its commitment to innovation and Portland is one step further down the road to being America’s EV hub.”

“New technologies like ReVolt’s battery and energy storage are critical to our clean energy future,” said Governor Kitzhaber. “I am thrilled Revolt has invested in Oregon and is part of our state’s growing clean economy sector.”

“We are delighted to have this opportunity to thank all those who have helped us in our move to Portland,” said James P. McDougall, CEO of ReVolt Technology Group. “Everyone involved has worked very hard to realize the completion of this new R&D center and the team we have recruited here in Portland is already making great strides in the development of our technology. Portland and Oregon provide us with a great base for the development of our business here in the US and we are looking forward to a long and happy association with the city and state.”

About ReVolt Technology

ReVolt Technology is developing a Zinc-Air battery technology that will transform the global market for stored energy solutions. ReVolt’s technology performance attributes provide the highest-energy density (up to 3 times that of Lithium Ion), low-cost, safe and green. These attributes pose both a disruptive influence on the competitive landscape and significant step-change in performance for some consumer electronics, electric vehicles and grid-based alternative energy storage solutions.