Altech Presentation – What’s the future of Grid Storage Batteries

Highlights:

• Discusses the Company’s CERENERGY(R) Battery Project and the launch of the 1MWh GridPack design
• The industry heavily relies on China for graphite anode material, which poses geopolitical risks
• Lithium-ion battery fires are difficult to put out because they generate oxygen at the cathode end of the battery
• The alternative solution is the Tech Chemical Serenity battery, which uses sodium alumina solid-state technology
• Designed in collaboration with German partner Fraunhofer IKTS, the product known as GridPack uses sodium ions (commonly found in table salt) rather than lithium, cobalt, graphite or copper
• Cheaper to produce and lessens exposure to critical metal price rises and supply chain issues.
• A definitive feasibility study on the product is currently underway