Altech Batteries is an Australian battery tech company that has been in operation since 2013. The company has a strong focus on the development of advanced battery technologies that have the potential to significantly reduce the cost and environmental impact of energy storage. The company has made a name for itself in the industry by researching and developing game-changing battery technologies that have the potential to revolutionize the market.
Recently, Altech Batteries revealed its latest sodium chloride battery design called the 1 MWh GridPack. This new battery is expected to be up to 40% cheaper to produce than traditional lithium-ion batteries, making it a potentially significant cost-saver for businesses and consumers alike.
The new sodium chloride battery technology uses saltwater as an electrolyte, which is significantly cheaper and more readily available than the materials used in traditional lithium-ion batteries. This new technology also has the ability to store more energy in less space, making it a more efficient and cost-effective solution for energy storage.
According to Altech Batteries, the 1 MWh GridPack is the world's first sodium chloride battery of its size and has the potential to revolutionize the battery storage industry. The battery is designed to be used for large-scale energy storage applications, such as grid-scale storage and renewable energy storage, making it an ideal solution for environmentally conscious businesses and governments.
Altech Batteries has partnered with Ningbo Jinlai Chemical Co., Ltd. to develop and manufacture the new sodium chloride battery technology. Ningbo Jinlai Chemical Co., Ltd. is a world-renowned chemical manufacturer based in China that has a strong track record of developing high-quality chemicals at low cost.
The partnership between Altech Batteries and Ningbo Jinlai Chemical Co., Ltd. has allowed the two companies to develop a product that is both cost-effective and environmentally friendly. The new sodium chloride battery technology has the potential to greatly reduce the cost of energy storage, making it a more accessible and affordable solution for businesses and individuals alike.
The 1 MWh GridPack is just one of the many innovative battery technologies being developed by Altech Batteries. The company is also working on other advanced battery technologies, such as solid-state batteries and high-temperature lithium-ion batteries, which have the potential to be even more cost-effective and efficient than the sodium chloride battery technology.
Overall, Altech Batteries is a company that is committed to developing innovative battery technologies that will have a significant impact on the energy storage industry. The company's latest sodium chloride battery design, the 1 MWh GridPack, has the potential to revolutionize the way we store and use energy, making it a game-changer in the field of energy storage.