Altech has developed preliminary specifications for its sodium-chloride solid-state battery product, CERENERGY.
The batteries are designed to cater to the evolving needs of the renewable energy and grid storage market.
This comes as a recognition that efficient and reliable energy storage solutions are needed to balance energy supply and demand. They are also crucial for ensuring stable power delivery and maximizing the use of renewable energy sources.
Altech Batteries’ (ASX:ATC) preliminary specifications for its 60-kilowatt hour (KWh) and 1 megawatt-hour (MWh) battery packs are timely due to the positive outlook for energy storage.
These specifications allow Altech to initiate discussions with potential off-take partners and secure future sales in the growing grid storage battery market.
Altech’s specifications allow them to secure future sales in the grid storage battery market.
This could help capture the wastage of power on days when sunlight is abundant, estimated at 2 billion euros annually in Germany.
The grid storage battery market is expected to grow from US$4.4bn in 2022 to US$15.1bn by 2027, making it potentially lucrative for the Company.1
CERENERGY for Different Applications
Altech’s CERENERGY Sodium-Chloride Solid State (SCSS) batteries are an alternative to lithium-ion batteries.
They are ideal for use in the grid storage market with advantages such as a long life of more than 15 years.
Other advantages include safety and the ability to operate in extreme cold and desert climates. The batteries also use table salt instead of critical metals such as lithium, cobalt, and graphite.
The 1MWh GridPack is designed to provide battery backup and excellent performance in grid-tied commercial applications.
The applications include grid-level storage and industrial power backup for an uninterrupted power supply.
It has an operating voltage of 600 volts and a current capacity of 100 amps. It is also engineered to protect against dust and external environments, eliminating the need for additional shelters or buildings.
CERENERGY GridPacks can be constructed using a sea container design, making them easy to transport and install.
They can also be stacked on top of each other, minimizing their footprint and allowing easy scalability.
They also require no moving parts such as cooling fans, making them maintenance-free and noise-free, making them ideal for remote and noise-sensitive environments.
- Nadine McGrath, ‘Altech ready to start marketing its sodium-chloride solid state batteries’ Stockhead, 13 June 2023, https://stockhead.com.au/tech/altech-ready-to-start-marketing-its-sodium-chloride-solid-state-batteries/