Ann: To Commercialise 100MWh Sodium Alumina Solid State Batteries, page-32

From Mondays announcement.

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The Schwarze Pumpe site recently received a special visitor in German Chancellor His Excellency Olaf Scholz, who was heading a special delegation to boost economic development in the Saxony region.

Altech’s German managing director Uwe Ahrens hosted the visit, an event the company said was significant for Altech as the company pushes for higher battery efficiency for the German electric vehicle industry.

Energy security is a significant concern within Germany and represents a key focus, as evidenced by the federal government’s promise of €40 billion in related investments to German regions and industries.

For a slice of the pie, the company has begun applying for the various federal and state grants under the battery development program, as well as other infrastructure and regional financial support programs within the framework of the European Battery Alliance, Structural Development Funds and other special programs initiated by the Federal State of Germany.Altech’s Silumina Anodes™ game-changing technology is considered as a key project for industrial development for the State of Saxony, as well as Germany at large, and hence, has been invited to present the technology and the project to the federal government.