Phinergy

Phinergy, an Israeli company operating in the field of green energy, engages in the development of systems for the production, backup and storage of clean energy based on metal-air technology. Metal-air technology enables the generation of electricity by combining oxygen from ambient air with metals - aluminium and zinc. Aluminium-air technology is an energy production technology with two main applications: energy backup for critical facilities and extension of the range of electric vehicles. Zinc-air technology, which is currently in advanced stages of research and development, is a technology for storing renewable energy. Both technologies - aluminium-air and zinc-air - enable the clean generation and storage of energy without emitting pollutants into the environment, while also being efficient, smart and economical. Phinergy commenced trading on the Tel Aviv Stock Exchange in February 2021 and raised ILS 200 million in an IPO at a pre-money valuation of ILS 780 million. The company currently employs about 50 people in its offices in Kfar Saba.