DG Innovate plc (LON:DGI), the advanced research and development company developing pioneering solutions in sustainable mobility and energy storage, has provided an update on recent developments regarding the Company’s energy storage activities. Following the commissioning of a jet mill and furnace, as announced on 7 February 2024, DGI’s material science team have now developed a range of enhanced hard carbon anode materials from a variety of novel sustainable feedstocks.
One of these feedstocks, a sustainable biowaste material with significant global availability, has shown particularly attractive properties. A demonstrator project commenced at the beginning of October 2024 with Swansea University to produce full cells showcasing this DGI anode material. The Company is now in discussions with a number of overseas investment bodies regarding significant potential project funding to accelerate scale-up workstreams. The Company looks forward to providing further updates on its sustainable battery technology in due course.