Proactive’s Tylah Tully breaks down ‘Just the facts’ of the latest news from Altech Batteries Ltd (ASX:ATC, OTC:ALTHF).
Altech announced that its CERENERGY® Sodium Chloride Solid State Battery project has achieved the highest “Dark Green” rating from Standard and Poor’s Global Ratings.
This rating underscores the project’s status as one of the most environmentally sustainable battery technologies, with low carbon emissions, minimal supply chain requirements, and reduced environmental impact.
The CERENERGY® battery produces one-third of the emissions of lithium-ion batteries, with total emissions estimated at 14 kgCO₂/kWh compared to 61–106 kgCO₂/kWh for lithium-ion alternatives.
It is powered entirely by renewable energy and relies on abundant, recyclable materials such as sodium and alumina, avoiding critical minerals like lithium, cobalt and copper.
The project aligns with ICMA Green Bond Criteria, enabling access to the USD 250 billion green bond market, a significant portion of which operates in Europe.
While the green shading score does not affect bond pricing, it offers transparency for investors regarding climate risks and impacts.
Altech is proud of this milestone and foresees strong demand for the CERENERGY® battery in applications such as industrial microgrids, grid storage and heavy industries.