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Altech Batteries Wins Preliminary €46.7M Grant for Game-Changing German Battery Project
8:26am on Tuesday 2nd of September, 2025 AEST
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Energy
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Altech Batteries Wins Preliminary €46.7M Grant for Game-Changing German Battery Project
8:26am on Tuesday 2nd of September, 2025 AEST
Key Points
CERENERGY battery project approved for 30% CAPEX grant worth €46.7 million
Grant is preliminary and contingent on final financial close and 2026 German budget approval
Project located in Saxony, Germany, supported by the STARK economic development program
Joint venture with Fraunhofer IKTS to commercialize sodium-chloride solid-state batteries
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