Portland, Oregon, September 1, 2009 – ReVolt Technology, LLC, a technology company which is developing innovative, rechargeable zinc-air batteries, today announced that it is applying for $30 million in grants from US Department of Energy (DOE) under the American Reinvestment and Recovery Act to accelerate the commercialization of its large format zinc-air batteries for energy storage and electric vehicle applications. ReVolt today also announced it has selected Portland, Oregon as the location for its US headquarters and manufacturing center. By locating in Oregon, the company will be eligible, and intends to apply for, Business Energy Tax Credits from the Oregon Department of Energy for battery research and production.
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