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Highlights
- The CERENERGY® battery project has received binding conditional funding approval under Germany’s STARK program.
- The grant is expected to fund approximately 30% of the project’s eligible capital costs, with total support of up to €46.11 million.
- Funding approval significantly de-risks project financing and supports progress toward construction of the planned 120 MWh battery manufacturing facility.
- Approval remains subject to achieving financial close by 30 June 2026 and receiving German federal budget approval.
- CERENERGY® technology offers a safe, sustainable alternative to lithium-ion batteries, developed with the Fraunhofer Society.
Altech Batteries Limited (ASX:ATC) (FRA:A3Y) has announced that its CERENERGY® sodium-chloride solid-state battery project in Saxony, Germany, has secured binding conditional funding approval from the German government. The approved grant amounts to up to €46.11 million and represents a significant step forward in advancing the planned 120 MWh CERENERGY® battery manufacturing facility toward construction.
The funding approval has been granted under Germany’s federal STARK economic development program, which aims to support regions undergoing structural change toward ecological, economic, and social transformation.
Grant De-Risks Battery Project Financing
The approved funding is expected to cover approximately 30% of the eligible capital expenditure for the CERENERGY® project. This level of support materially reduces funding risk and supports progress toward construction of the planned battery manufacturing facility in Saxony.
This development marks the completion of the second and final phase of the STARK funding process. The approval highlights the importance of the CERENERGY® technology, which was developed in collaboration with the Fraunhofer Society. The battery solution is positioned as a safe, sustainable, and strategically autonomous alternative to traditional lithium-ion batteries.
The technology is expected to play a key role in future stationary energy storage applications, particularly within the European market.
Conditions Linked to Financial Close and Budget Approval
The funding for this large-scale project is contingent upon meeting multiple standard conditions. The project must achieve full financial close by 30 June 2026, and the funding must receive approval as part of Germany's 2026 Federal Budget by the parliament.
ATC Shares Jump
ATC shares were trading 3.13% higher at AUD 0.033 per share at the time of writing on 7 January 2026.
