Nickel Hydroxide is a chemical compound with the formula Ni(OH)2. It appears as a greenish solid and is commonly used in various applications, including batteries, particularly in nickel-metal hydride (NiMH) batteries. This compound plays a crucial role in energy storage technologies due to its ability to undergo reversible reactions. In addition to its use in batteries, Nickel Hydroxide is also utilized in electroplating and as a catalyst in chemical reactions. It can be produced through the reaction of nickel salts with alkaline solutions, making it an important material in both industrial and research settings.