$7m for sodium battery pilot line
Swedish sodium-ion battery developer Altris has received SEK 77 million ($7.5m) for a pilot plant to produce sustainable and safe sodium-ion battery cells.
The support for a sodium battery cell pilot line comes from the Swedish Energy Agency within the programs Industrial Leap and NextGenerationEU.
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Altris has shown a sodium-ion battery cell that has been validated for a best-in-class energy density of over 160 Wh/Kg, making it commercially viable for applications such as sustainable energy storage systems. The financial support from the Swedish Energy Agency enables Altris to establish a pilot plant in Uppsala, Sweden, to develop and produce the battery cells. The long term aim is to reach giga-scale production capacity together with partners.
”Altris is proud to receive support from the Swedish Energy Agency. It is a true testimony of the potential of sodium-ion battery technology and its important role in driving the transition towards electrification and sustainable energy systems. It also enables us to keep a high pace as we work to become the primary supplier of sodium-ion batteries in Europe”, says Christer Bergquist, CFO and deputy CEO of Altris.
“To reach a climate-neutral society, we need to find solutions to increase and stabilise the clean energy supply. Sodium-ion batteries are a promising technology for stationary energy storage that has lower emissions in the production phase compared to conventional battery technologies. Additionally, the batteries can replace the need for peak load power and thereby also reduce emissions indirectly by replacing gas turbines”, Klara Helstad, Head Sustainable Industry Unit at Swedish Energy Agency.
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