Altech Batteries seeks financing for German battery plant

Altech Batteries has announced that it has progressed funding of its CERENERGY sodium-chloride solid-state battery project in Saxony, Germany, appointing key advisers to assist. The company, through its Germany subsidiary Altech Batteries GmbH, appointed a global big four professional services firm to assist in securing finance for the 120MWh CERENERGY battery manufacturing plant. The project’s…

Altech Batteries completes battery cell manufacture

Altech Batteries has reported significant progress in manufacturing its CERENERGY ABS60 BatteryPack prototypes in partnership with the German Fraunhofer institutes research and development organisation. The company told investors that all 240 cells for the first ABS60 BatteryPack Prototype had been assembled and initialised at high performance ceramics R&D institute Fraunhofer IKTS, Hermsdorf, Germany (pictured). The…