CLARE, Mich. and SOFIA, Bulgaria, June 9, 2022 /PRNewswire/ — Joint Release – Advanced Battery Concepts, LLC. (ABC) and Monbat AD agreed on a product development program for the design of a commercial bipolar battery, based on ABC’s patented GreenSeal® technology, for mass scale production at a future Monbat manufacturing 1 Gigawatt (GWh) facility to be built in Bulgaria. Forecast for the investment is about 16M EUR. (approximately U.S. $17M).
In the first stage of the program, Advanced Battery Concepts will produce, in its expanded Clare, MI plant, the so-called “Alpha Samples” of Block B batteries. Block B is a 48-volt, 32 amp-hour industrial battery, aimed at Telecom and Battery Energy Storage Systems (“BESS”) applications. The batteries will be delivered to existing Monbat clients and special projects requiring “BESS”, for on-site deployment, thus supplying the necessary…
MONBAT AND ADVANCED BATTERY CONCEPTS SIGN MEMORANDUM TARGETING FULL-SCALE COMMERCIALIZATION OF BIPOLAR LEAD BATTERIES
