Altech Batteries (ASX:ATC) to Commence Selling Sodium Nickel Chloride Batteries with AMPower
Strategic Collaboration for Market Expansion
Altech Batteries Limited has signed a collaboration agreement with AMPower to commence sales of sodium nickel chloride (SNC) batteries in Europe, Australia, and the United States. This partnership leverages AMPower’s manufacturing capabilities to expand Altech’s market presence.
Product Development and Manufacturing
AMPower will produce Altech-branded SNC batteries, including Uninterrupted Power Supply (UPS) systems and Battery Energy Storage Systems (BESS). The collaboration ensures production meets Altech’s specifications while maintaining brand integrity across key regions.
Ongoing Projects and Funding
Altech’s CERENERGY® 120 MWh battery project in Germany remains on track, with preliminary funding approval of 46.7 million Euro from the German Government secured.
Executive Comments
Altech Group Managing Director Iggy Tan said:
“Altech is experiencing exceptional interest in our sodium nickel chloride solid-state battery technology, especially from customers seeking safer, more reliable alternatives to lithium-ion. These batteries are inherently fireproof, perform reliably in extreme temperatures, and offer strong environmental credentials – making them an ideal fit for the needs of the stationary energy storage market. Growing concerns over battery fire risks, particularly in data centres and AI facilities, are further accelerating demand. Our collaboration with AMPower enables immediate production, and our offtake customers are eager to secure supply. With special focus on UPS as well as small and medium size energy storage this early market entry strategy is augmenting and not competing with the large scale grid energy storage Cerenergy Battery strategy. By moving quickly to meet this demand, Altech is positioning itself as a leader in what we see as the next major wave in battery storage innovation.”
Motley Fool contributor Kiarra Jackson has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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