Written by 1:50 pm Altech Chemicals, Australia, Mining, Top Stories

ALTECH (ASX: ATC) Appoint Leadec as Lead Engineer for CERENERGY® 100MWh Project

ALTECH Appoint Leadec as Lead Engineer for CERENERGY
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Altech Chemicals Limited (ASX: ATC and FRA: A3Y) announces that Leadec Automation & Engineering GmbH (Leadec) has been selected as the lead engineer for the Definitive Feasibility Study for its CERENERGY® 100MWh Sodium Alumina Solid State Battery project. The project focuses on grid energy storage and will be built on Altech’s land in Saxony, Germany.

Leadec, the German company, has extensive expertise in cell production, module and pack production design and is a leading global service specialist for factories across their entire life cycle and related infrastructure. Leadec has assisted clients in the industrial sectors for 60 years, from planning and installation to factory automation. Leadec has long supported OEMs and suppliers in the field of battery manufacturing and e-mobility in this capacity.

A revolutionary storage alternative

As a breakthrough grid storage alternative to lithium-ion batteries, CERENERGY® batteries are revolutionising the industry. CERENERGY® batteries function in frigid and arid regions, are fire and explosion-proof, and have more than 15 years of lifespan. The lithium, cobalt, graphite, and copper-free battery technology uses table salt and is not exposed to these volatile metal prices or supply chain issues.

Leadec has already selected a highly skilled project team, and site and technical visits to Fraunhofer IKTS have already been undertaken. The Leadec team started the engineering work and has made solid progress following a two-day project workshop in Schwarze Pumpe, led by Managing Director Iggy Tan.

ALTECH (ASX: ATC) Appoint Leadec as Lead Engineer for CERENERGY®

ALTECH Appointed Leadec As The Lead Engineer For The CERENERGY Project

Altech collaborated with Fraunhofer IKTS to boost performance!

In September 2022, Altech and Fraunhofer IKTS, a premier German battery research organisation, announced a joint venture agreement to commercialise Fraunhofer’s ground-breaking CERENERGY® Sodium Alumina Solid State (SAS) Battery.

The Altech groups hold a 75% stake in the joint venture company that will commercialise the 100 MWh project to be built on Altech’s site in Schwarze Pumpe, Germany. The factory intends to produce CERENERGY® battery packs to meet the market’s demand for grid storage solutions.

Leadec’s significance in the “Definitive Feasibility Study” (DFS)

MD of Altech Chemicals, Iggy Tan, stated that regarding the appointment of Leadec “We are pleased to appoint Leadec as lead engineer for Altech’s CERENERGY® 100MWh project. Leadec has extensive battery manufacturing experience and will play a key part in advancing the Definitive Feasibility Study to commercialize the CERENERGY® Sodium Alumina Solid State Batteries“.

About Altech Chemicals Ltd (ASX: ATC)

Altech Chemicals Ltd. assists with innovative battery material products and game-changing solid-state sodium alumina batteries for grid storage. It is also commercialising its CERENERGY® 100 MWh solid-state sodium alumina battery production plant. Altech is also at the forefront of producing lithium-ion battery materials by successfully combining silicon into graphite anodes to develop batteries with higher energy densities.

Also Read: Altech Chemicals Executes a Joint Venture Shareholders’ Agreement with Fraunhofer IKTS

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