Altech Batteries Ltd (ASX:ATC) has released an updated definitive feasibility study (DFS) demonstrating increased output of 20% for the CERENERGY® battery manufacturing project, from 100 megawatt hours (MW/h) to 120 MW/h per year.
Lead engineering company Leadec and joint venture partner Fraunhofer were the instigators of the upgrade, achieving the enhancement with technical design optimisations and without additional capital costs.
Meticulous review of DFS
“From the beginning, we recognised a considerable margin built into the different equipment designs,” Altech Batteries Group managing director Iggy Tan said.
“Initially, our approach to facility design was quite conservative. However, as we've progressed in finalising the overall equipment operations, it has become evident that we possess the capability to increase our production rate.
“We are currently in the final stages of the DFS, where we are meticulously reviewing all cost factors, including operating consumables and purchased items.”
The company recently achieved a design upgrade with the battery packs themselves, involving a method of stacking the 1MWh GridPacks.
The enhanced design permits triple stacking and seamless interconnection between each GridPack.
These GridPacks can be conveniently stacked on top of one another, using a simple electrical connection. The connection leads will be incorporated within the GridPack frames, enabling an effortless "plug and play" setup.
The new design also reduces space occupied by the grid storage battery packs, eliminates the necessity for separate cooling airflow around the GridPacks and conserves valuable land area.
The battery packs require minimal maintenance, as they form a self-contained unit when stacked in concert.
ATC believes these advantages position the CERENERGY® GridPacks as a more advanced alternative to lithium-ion battery solutions.