October 11, 2023: Business leaders in the US state of Michigan have named Advanced Battery Concepts’ innovative bipolar lead BESS as their project of the year.
ABC picked up the award for its BOX-BE energy storage system on September 30 from the Michigan Energy Innovation Business Council (EBIC).
ABC’s CEO Ed Shaffer (right) was presented with the award at the annual Michigan Energy Innovators Gala in Detroit.
The EBIC also presented a business of the year award to Our Next Energy, which started production of its Aries LFP battery pack earlier this year.
A partnership aimed at building and selling bipolar lead battery technology energy storage systems in India was announced by ABC and Exide Industries last November.
The companies signed a non-binding letter of intent agreeing to “scope-out and define a program” for jointly commercializing BOX-BE systems, comprising the firm’s proprietary EverGreenSeal bipolar battery technology, for the Indian market.
In January, Shaffer told Batteries International that a $50 million cash raise had been launched to further advance development of ABC’s bipolar lead battery tech and products.