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Altilium, a UK-based clear expertise group centered on supporting the transition to web zero, and Linked Power, a number one developer of second-life battery vitality storage techniques, have right now introduced a brand new strategic relationship that may see the 2 firms working collectively to increase the lifecycle of EV batteries.
The collaboration brings collectively two of the UK’s main innovators within the fast-growing EV battery eco-system and underlines each firms’ dedication to sustainability and decreasing the environmental influence of EV batteries.
Linked Power designs and develops vitality storage techniques utilizing second life EV batteries, whereas Altilium is a pioneer in EV battery recycling, processing end-of-life EV batteries and manufacturing scrap to supply low-carbon cathode energetic supplies (CAM) for direct reuse in new batteries.
Underneath the settlement, Altilium and Linked Power will collaborate to develop sustainable and environmentally accountable enterprise fashions for the repurposing and recycling of EV batteries, bringing worth to each firms in addition to battery producers and automotive OEMS.
The collaboration additionally goals to ascertain accountable repurposing and recycling protocols, to be adopted as business vast requirements, following the waste hierarchy rules of re-use, re-purpose and recycle.
Repurposing EV batteries in stationary techniques can lengthen their life by as much as ten years, delivering important environmental and round economic system advantages. As soon as these batteries attain the tip of their second life, they’ll then be recycled and the important minerals recovered for reuse within the manufacturing of latest batteries, making certain that invaluable sources stay within the UK provide chain.
Altilium has already obtained its first batch of batteries from Linked Power, which can be processed on the firm’s state-of-the-art recycling amenities in Devon. Utilizing its EcoCathode™ recycling course of, Altilium can get better over 95% of the battery metals, together with lithium, in a format that may be straight reused within the manufacturing of latest batteries.
The method additionally ends in a 60% discount in carbon emissions and 20% decrease prices in comparison with virgin supplies, paving the best way for the manufacturing of extra reasonably priced and even cleaner EVs.
Rod Savage, Program Director, Finish-of-Life Batteries at Altilium, commented: “We’re excited to be working with Linked Power to advance our shared imaginative and prescient of a round economic system for EV batteries. This collaboration is additional demonstration of Altilium’s dedication to making sure the accountable administration of end-of-life EV batteries, working with best-in-class companions throughout the worth chain to assist the expansion of your complete battery eco-system.”
Matthew Lumsden, CEO Linked Power, added: “Over the following 5 years, we are going to see a speedy improve within the availability of used EV batteries. As an business, it’s important that we work collectively to make sure that we transfer batteries via the worth chain in a method that minimises their environmental influence while maximising their monetary worth. This collaboration is a vital step in making a mannequin for true battery circularity.”
Linked Power’s storage techniques are more and more used throughout the UK and Europe for functions similar to supporting EV charging hubs, slicing vitality payments, balancing the grid, and maximising the return on funding from photo voltaic arrays. Giving their batteries a second life permits EV producers and different battery homeowners to additional monetise their batteries for a number of years earlier than they’re recycled.
By means of this collaboration, Linked Power hopes to seize extra of the residual worth of those spent batteries as soon as they attain the tip of their second life, whereas Altilium will acquire extra visibility of obtainable feedstock for its recycling amenities, together with its deliberate Teesside refinery (ACT 4). The plant may have the capability to recycle waste batteries from 150,000 EVs a yr, producing 30,000 MT of CAM, sufficient to fulfill 20% of the anticipated UK demand by 2030.
Each firms are already a part of a £30.1 million Nissan-led undertaking, backed by the Superior Propulsion Centre, aimed toward strengthening the UK’s capabilities in EV battery reuse, recycling and grid balancing.
By selling the reuse and recycling of EV batteries, Altilium and Linked Power are serving to to construct a round economic system for EV batteries within the UK, decreasing the UK’s reliance on imported supplies and lowering the carbon footprint related to battery manufacturing and disposal. This in flip helps the UK’s objectives to realize net-zero emissions by 2050.
About Altilium
Altilium is a UK-based clear tech group that may reshape the UK and European automotive provide chain by providing excessive quantity, low carbon home sources of cathode and anode supplies from recycling waste streams already in circulation, similar to end-of-life batteries and mine tailings.
The corporate’s proprietary EcoCathode™ course of converts end-of-life EV batteries and manufacturing scrap into home, sustainable, battery precursors, cathode energetic supplies (CAM) and cathode precursor (pCAM) for direct reuse in new batteries.
Altilium’s first mini-commercial plant is presently below building in Plymouth whereas its deliberate Teesside plant can be one of many largest EV battery recycling amenities in Europe. The plant may have the capability to course of scrap from over 150,000 EVs per yr, producing 30,000 MT of CAM, sufficient to fulfill round 20% of the UK’s anticipated wants by 2030.
So far, Altilium has secured over £6M in backing from UK authorities innovation awards, together with grants from the Faraday Establishments Battery Problem and the Automotive Transformation Fund. The corporate not too long ago accomplished its Collection A funding spherical with a multi-million pound funding from SQM Lithium Ventures, the company enterprise arm of the lithium enterprise of Sociedad Quimica y Minera de Chile (SQM), one of many world’s main producers of battery-grade lithium.
For extra info go to www.altilium.tech
About Linked Power
Linked Power is a world main innovator of vitality storage techniques that utilise second-life electrical car batteries. The corporate is one of some firms worldwide who’ve the confirmed expertise to repurpose end-of-life batteries and convey them again to life as an vitality retailer.
The corporate’s E-STOR techniques use 24 Renault Kangoo batteries, and its expertise is modular and scalable in design, simply tailored to manage any EV battery pack.
Its techniques can elongate the lifetime of an EV battery pack by as much as an extra 10 years and supply grid service revenues, photo voltaic optimisation, EV charging assist, import capability avoidance, peak shaving and micro grid balancing companies. Programs can present a constructive carbon good thing about 450tCO2e for each 1MWh put in in contrast with a primary life BESS.
The corporate welcomed a lot of strategic traders in 2022, together with Volvo Power and Caterpillar. The corporate is now growing utility scale battery vitality storage websites.
For extra info go to www.connected-energy.co.uk
Supply: Altilium
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