- Altech Chemicals (ATC) and joint venture partner Fraunhofer launch the CERENERGY Sodium Alumina Solid State 60-kilowatt-per-hour battery pack (ABS60)
- The CERENERGY battery provides an alternative to the stationary energy storage market and is designed to fit in racks in sea containers that can be deployed for grid storage
- The joint venture will commercialise a 100-megawatt-per-hour project that will be constructed on Altech’s land in Schwarze Pumpe, Germany
- The project will be a battery plant that will produce 10,000 sodium alumina solid state battery modules per annum, each rated at 10 kilowatts per hour
- Shares in Altech are up 6.98 per cent and trading at 11.5 cents at 1:58 pm AEDT
Altech Chemicals (ATC) and joint venture partner Fraunhofer have launched the CERENERGY Sodium Alumina Solid State 60-kilowatt-per-hour battery pack (ABS60).
The CERENERGY battery provides an alternative to the stationary energy storage market and is designed to fit in racks housed in sea containers that can be deployed for grid storage.
The ABS60 battery pack will consist of 240 CERENERGY cells which are dust and weatherproof, meaning they can be installed outdoors in all weather conditions.
The larger ABS60 pack will allow more efficient installation, and reduce module assembly casing and connecting costs.
Altech will be the majority owner of the joint venture with a 75 per cent holding.
The joint venture will commercialise a 100-megawatt-per-hour project that will be constructed on Altech’s land in Schwarze Pumpe, Germany.
The project will be a battery plant that will produce 10,000 sodium alumina solid state battery modules per annum, each rated at 10 kilowatts per hour.
In a previous announcement, Altech said it expects the battery modules to sell for between €7000 (A$10,818) and €9000 each or €700 to €900 per kilowatt-per-hour.
Shares in Altech were up 6.98 per cent and trading at 11.5 cents at 1:58 pm AEDT.