Altech Batteries Ltd  CERENERGY Accredited Highest Possible Green Rating

Altech Batteries Ltd CERENERGY Accredited Highest Possible Green Rating

Perth, Australia (ABN Newswire) - Altech Batteries Limited (ASX:ATC) (FRA:A3Y) (OTCMKTS:ALTHF) is pleased to advise that its CERENERGY(R) battery project has been formally assessed as the highest possible green rating category, "Dark Green", by the independent Centre of International Climate and Environmental Research (former CICERO), now owned by Standard and Poor's Global Ratings based in Oslo, Norway.

Highlights

- Highest possible green rating category of "Dark Green"

- S&P Global Ratings agency, Oslo, Norway

- CERENERGY(R) battery emissions (kgCO2/kWh) expected to be one-third of lithium-ion batteries

- Assessment on environmental benefits and risks - Shades of Green methodology

- Eligible projects can access Green Bond debt market

- One of the debt financing options for CERENERGY(R) project

Altech acknowledges this tremendous result and believes the accreditation is testament to Altech's CERENERGY(R) battery being one of, if not the greenest battery technology available today, with the lowest carbon footprint, lowest supply chain requirements and environmentally friendliest in relation to raw materials. This represents an outstanding achievement of the dedicated battery team at Altech and Fraunhofer IKTS and confirms the long-term, sustainable battery technology and business strategy of CERENERGY(R) being rated as "Corresponding to the long-term vision of a Low-Carbon Climate Resilient future" by S&P Global Ratings.

Overall Shades of Green Assessment

Based on the project category shades of green detailed below, and consideration of environmental ambitions reflected in Altech Batteries GmbH's Green Bond Framework, S&P assessed the framework as Dark Green. Eligible projects under the issuer's green bond framework are assessed based on their environmental benefits and risks, using Shades of Green methodology.

S&P assessed the project category as Dark Green, primarily reflecting the importance of battery storage in the transition of the power and industrial sectors, the contribution to the development of alternatives to lithium-ion and cobalt-free batteries, and the CERENERGY(R) battery's comparatively low expected emissions and fossil-free direct production process.

The CERENERGY(R) battery is a solid state, sodium chloride battery. While lithium-based batteries are expected to continue as the dominant battery technology going forward, sodium-based batteries are anticipated to play an increasing role, particularly in the stationary storage market. In the IEA's STEPS scenario, for example, sodium-based batteries account for around 10% of annual capacity additions by 2030. Shifts to sodium-based batteries are expected because they require no critical mineral/metal inputs such as lithium, graphite, copper or cobalt. The primary materials in the CERENERGY(R) battery are sodium, alumina, and (recycled) nickel derivatives. Nonetheless, solid state, sodium-based batteries remain an emerging technology, with less extensive academic literature into their environmental performance compared with lithium-based equivalents.

According to the framework, the CERENERGY(R) battery has expected emissions of around 14 kgCO2/kWh capacity (scope 1, 2, and 3). According to the framework, scope 1 and 2 emissions are 4.07 kgCO2/kWh capacity. According to the issuer, the capacity figure for scope 3 emissions of about 10 kgCO2/kWh derives from data provided by, and discussions with, large suppliers, transportation emissions, and conservative estimates for more minor suppliers. By way of comparison, a 2019 paper from by the IVL Swedish Environmental Research Institute found an estimated range of 61-106 kg CO2/kWh cradle-to-gate emissions for lithium-ion batteries (NMC chemistry) for vehicles, depending mainly on the electricity mix.

The entire CERENERGY(R) direct production process will be powered by renewable energy. Altech Batteries GmbH has entered a power purchase agreement for the direct provision of solar energy, complemented by on-site solar installations. The CERENERGY(R) battery uses raw materials that entail less environmental risks. The CERENERGY(R) battery is fully recoverable/recyclable. Recycling of the CERENERGY(R) battery will take place at the plant and is carried out via mechanical, rather than chemical, recycling methods, which typically entail lower emissions and energy use.

Altech Batteries GmbH foresees large demand from industry for the CERENERGY(R) battery. This could relate to the use of batteries in industrial micro grids, or to support systems in data centres, logistics centres, and hospitals. It also considers heavy industry, such as steel and chemicals as potential end users. The use of batteries in industry contributes to the transition if they support or facilitate decarbonisation and electrification efforts, rather than, for example, power-cost optimisation. The issuer furthermore foresees grid storage as a large use of the CERENERGY(R) battery, whether co-located with renewable assets or directly integrated into transmission networks. Such use of batteries is crucial for the integration of variable renewable energy sources (including for backup or peak load) and demand management, as well as for supporting grid reliability and stability, though can also be used for other purposes, for example purely for price arbitrage.

The issuer screened the CERENERGY(R) battery plant and supporting infrastructure (e.g. roads and power supply) for physical climate risks. Consideration of physical risk also extends to its supply chain, for example in its supplier risk assessments and consideration of potential disruption to supply chain logistics.

Managing Director Iggy Tan said that the positive project assessment, formally termed a "Second Party Opinion" (SPO), confirms that Altech's CERENERGY(R) project aligns to ICMA Green Bond Criteria and is of a type suitable for finance via green bonds. "The project can now be accessed by investors that participate in the green bond market, the size of which is approaching US$250 billion annually and a large portion of which is present in Europe. The CERENERGY(R) project's green shading score does not affect bond pricing, rather it provides a transparent mechanism by which green bond investors are able to categorise their investment in terms of climate risks and impacts. We are very proud of achieving this significant milestone" he said.



About Altech Batteries Ltd:

Altech Batteries Limited (ASX:ATC) (FRA:A3Y) is a specialty battery technology company that has a joint venture agreement with world leading German battery institute Fraunhofer IKTS ("Fraunhofer") to commercialise the revolutionary CERENERGY(R) Sodium Alumina Solid State (SAS) Battery. CERENERGY(R) batteries are the game-changing alternative to lithium-ion batteries. CERENERGY(R) batteries are fire and explosion-proof; have a life span of more than 15 years and operate in extreme cold and desert climates. The battery technology uses table salt and is lithium-free; cobalt-free; graphite-free; and copper-free, eliminating exposure to critical metal price rises and supply chain concerns.

The joint venture is commercialising its CERENERGY(R) battery, with plans to construct a 100MWh production facility on Altech's land in Saxony, Germany. The facility intends to produce CERENERGY(R) battery modules to provide grid storage solutions to the market.



Source:
Altech Batteries Ltd



Contact:
Corporate
Iggy Tan
Managing Director
Altech Batteries Limited
Tel: +61-8-6168-1555
Email: info@altechgroup.com

Martin Stein
Chief Financial Officer
Altech Batteries Limited
Tel: +61-8-6168-1555
Email: info@altechgroup.com

News Provided by ABN Newswire via QuoteMedia

ATC:AU
Altech Batteries

Altech Batteries Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

The Conversation (0)
Altech Batteries

Altech Batteries

Altech Batteries

Altech Batteries Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Revolutionary sodium-chloride solid state batteries for renewable energy storage and silicon in graphite anodes for higher energy density batteries.

UPS Batteries For Explosive (EX & ATEX) Environments

UPS Batteries For Explosive (EX & ATEX) Environments

Altech Batteries (ATC:AU) has announced UPS Batteries For Explosive (EX & ATEX) EnvironmentsDownload the PDF here. Keep Reading...
Altech Batteries Ltd  Commences Selling Sodium Nickel Chloride Batteries

Altech Batteries Ltd Commences Selling Sodium Nickel Chloride Batteries

Perth, Australia (ABN Newswire) - Altech Batteries Limited (ASX:ATC,OTC:ALTHF) (FRA:A3Y) (OTCMKTS:ALTHF) pleased to announce its immediate entry into the sodium nickel chloride (SNC) (or previously referred as sodium alumina solid state (SAS)), battery market in Australia, Europe and United... Keep Reading...
Altech - Commences Selling Sodium Nickel Chloride Batteries

Altech - Commences Selling Sodium Nickel Chloride Batteries

Altech Batteries (ATC:AU) has announced Altech - Commences Selling Sodium Nickel Chloride BatteriesDownload the PDF here. Keep Reading...
Altech Batteries Ltd  Next Generation Cerenergy Battery Pack Achieves 90 Kilowatt Hours

Altech Batteries Ltd Next Generation Cerenergy Battery Pack Achieves 90 Kilowatt Hours

Perth, Australia (ABN Newswire) - Altech Batteries Limited (ASX:ATC,OTC:ALTHF) (FRA:A3Y) (OTCMKTS:ALTHF) is pleased to announce that the latest research and development efforts for the CERENERGY(R) cell and battery pack have resulted in the design possibility of a higher-capacity battery system.... Keep Reading...
Altech Batteries Ltd  Annual Report to Shareholders

Altech Batteries Ltd Annual Report to Shareholders

Perth, Australia (ABN Newswire) - Altech Batteries Ltd (ASX:ATC,OTC:ALTHF) (FRA:A3Y) (OTCMKTS:ALTHF) is a specialty battery technology company that has a joint venture agreement with world leading German battery institute Fraunhofer IKTS ("IKTS") to commercialise the revolutionary CERENERGY... Keep Reading...
Western Uranium & Vanadium to Acquire Uranium Claims

Western Uranium & Vanadium to Acquire Uranium Claims

Western Uranium & Vanadium Corp. (CSE: WUC,OTC:WSTRF) (OTCQX: WSTRF) (" Western " or the " Company ") is pleased to announce that it has entered into a definitive agreement with an arm's length party to acquire a package of unpatented mineral lode claims (the " Claims "). The drilled-out deposit... Keep Reading...
Volt Resources Strengthens Critical Minerals Supply Chain Strategy: Joins DARPA-Supported Critical MineralsForum and Alabama Mobility & Power Consortium

Volt Resources Strengthens Critical Minerals Supply Chain Strategy: Joins DARPA-Supported Critical MineralsForum and Alabama Mobility & Power Consortium

Volt Resources Limited (ASX:VRC) (“Volt” or “the Company”) is pleased to announce two major strategic advancements - the Company has been accepted as a member of both the DARPA (Defense Advanced Research Projects Agency) supported Critical Minerals Forum (CMF) and the Alabama Mobility and Power... Keep Reading...
VanadiumCorp Resource Shareholders Approve All Matters at AGM

VanadiumCorp Resource Shareholders Approve All Matters at AGM

(TheNewswire) Vancouver, British Columbia –TheNewswire Oct 2, 2025 VanadiumCorp Resource Inc. (TSX-V: VRB) (FSE: NWNA) (OTC: VRBFF) ("VanadiumCorp" or the "Company") is pleased to announce that shareholders approved all the resolutions put forth at the 2025 annual shareholders' meeting (AGM)... Keep Reading...
Cote D'Ivoire Soils Underway and Ghana Auger Well Advanced

Cote D'Ivoire Soils Underway and Ghana Auger Well Advanced

Castle Minerals (CDT:AU) has announced Cote D'Ivoire Soils Underway and Ghana Auger Well AdvancedDownload the PDF here. Keep Reading...
Institutional Investment

Institutional Investment

International Graphite (IG6:AU) has announced Institutional InvestmentDownload the PDF here. Keep Reading...
SAGA Metals Announces Non-Brokered Private Placement

SAGA Metals Announces Non-Brokered Private Placement

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSMINATION IN THE UNITED STATES. Saga Metals Corp. ("SAGA" or the "Company") (TSXV: SAGA,OTC:SAGMF) (OTCQB: SAGMF) (FSE: 20H), a North American exploration company focused on critical minerals, is pleased to announce that it intends to... Keep Reading...
Altech Batteries

Altech Batteries Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Latest Press Releases

Related News