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Altech Chemicals Limited ( (AU:ATC) ) has shared an update.
Altech Batteries Limited has announced significant milestones in the performance of its CERENERGY® cell and battery pack prototypes. The prototypes have demonstrated over 650 charge-discharge cycles without capacity loss, nearly 100% Coulombic efficiency, and up to 92% energy efficiency, highlighting their stability and long operational lifespan. These advancements position CERENERGY® as a competitive solution for large-scale grid and renewable energy storage, offering enhanced safety and cost-effectiveness compared to conventional battery technologies.
More about Altech Chemicals Limited
Altech Batteries Limited operates in the energy storage industry, focusing on the development and production of advanced battery technologies. The company’s primary product is the CERENERGY® cell and battery pack, which utilizes sodium nickel chloride chemistry to provide safe, efficient, and long-lasting energy storage solutions. Altech aims to cater to grid operators and renewable energy storage providers, emphasizing cost-effective and reliable performance.
Average Trading Volume: 1,824,285
Technical Sentiment Signal: Sell
Current Market Cap: A$83.66M
For detailed information about ATC stock, go to TipRanks’ Stock Analysis page.