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Altech Batteries (ASX:ATC) commences production of two 60KWh battery pack prototypes

ASX News, Materials
ASX:ATC      MCAP $90.11M
09 May 2023 12:03 (AEDT)

Altech 1 MWh GridPacks. Source: Altech Batteries

Altech Batteries (ATC) has begun production and fabrication of two 60 kilowatt hour (KWh) battery pack prototypes at the Fraunhofer IKTS facility in Hermsdorf, Germany.

Once completed, the battery packs will undergo cycling testing under extreme conditions, and then become available for testing at customer premises.

The battery pack operates on a voltage of 600 volts at a current of 100 amps, and is destined for the renewable energy and grid storage markets.

The design for the CERENERGY sodium chloride solid state (SCSS) 60 KWh battery pack was launched by Altech and its joint venture partner Fraunhofer on November 7 2022.

Following the launch, the joint venture carried out extensive cycling simulations to evaluate the temperature profile of the internal components of the battery.

The simulations showed the battery could undergo charge and discharge cycling while maintaining stable internal temperatures without overheating at recorded temperatures of 60 degrees.

Altech Managing Director Iggy Tan said he was “pleased” with the company’s progress since launching the battery pack.

“We have built a dynamic and fast-moving project team incorporating personnel from Altech, Fraunhofer and various leading German engineering companies and industrial contractors.”

The company reported that based on the simulation results, the specifications for the battery packs were being finalised, and the materials required for the production of two prototype batteries ordered.

The production process will involve the manufacture of 480 ceramic solid-state cells, along with the production and procurement of auxiliary equipment including cabling, module structures, composite isolation cabinet, and a battery management system.

Shares in ATC were up 5.32 per cent and trading at 9.9 cents at midday AEST.

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