Altech Batteries has secured environmental and construction approval under Germany’s Federal Immission Control Act (BimSch-G) for its 120 MWh CERENERGY GridPack production facility in Saxony.
Altech Batteries has announced that its CERENERGY battery project has been awarded the “Dark Green” accreditation, the highest environmental rating given by the Centre of International Climate and Environmental Research (CICERO), now under Standard and Poor’s Global Ratings.
Altech Batteries has secured a third offtake agreement with Germany’s Axsol GmbH, naming them the exclusive distributor of CERENERGY batteries for the western defence industry.
Altech Batteries has raised $4 million through a capital placement to accelerate key battery projects, including project financing, environmental permitting, and the commissioning of its Silumina Anodes pilot plant.
Altech Batteries has announced a milestone in its Silumina Anodes technology, achieving an average 55 per cent increase in lithium battery anode energy capacity, building on its previous 30 per cent improvement.
Altech Batteries has achieved a key milestone with the successful launch of its CERENERGY ABS60 prototype, a 60kWh battery installed at the Fraunhofer IKTS lab in Dresden, Germany, which, according to the company, is already surpassing initial performance expectations.
Altech Batteries has unveiled an opportunity for eligible shareholders to engage in an equity raising initiative through a Share Purchase Plan (SPP), aiming to generate up to $5 million.
Altech Batteries has characterised its advancements as "excellent," as it undergoes the manufacturing of two ABS60 60 kWh CERENERGY battery prototypes in Germany intended for customer performance testing.
Altech Batteries announced a significant milestone in the development of its CERENERGY project, as the company successfully increased the project's annual production capacity from 100 MWh to 120 MWh.
As digital transformation reshapes industries worldwide, manufacturers in Australia and beyond are finding themselves at the forefront of an evolution. This shift presents opportunities for companies looking to improve efficiency, drive innovation, and boost growth.