Altech Chemicals Limited (AU:ATC) has released an update.
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Altech Batteries Limited has secured a significant Letter of Intent with Zweckverband Industriepark Schwarze Pumpe for the annual purchase of 30MWh of CERENERGY GridPacks for five years, commencing mid-2027. This partnership is pivotal to the Schwarze Pumpe Industrial Park’s transition from coal to renewable energy, leveraging Altech’s advanced battery technology for stable energy supply. The collaboration is expected to serve as a template for renewable energy storage in industrial regions throughout Europe.
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