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AMTE Power Plc

https://amtepower.com/

Photograph of AMTE Power PlcHISTORY
AGM Batteries Limited was originally a joint venture between AEA Technology, GS (GS Yuasa) and Mitsubishi Materials. AEA Technology plc subsequently bought out the JV with AGM Batteries Ltd and its sister company ABSL Power Solutions trading from Denchi House, Thurso Caithness.

In December 2013 AMTE Power Limited acquired AGM Batteries Ltd, with a strategy of utilising the Thurso plant to scale and transfer emerging new cell technologies to manufacture. AGM is now lead by a management team with significant experience in developing new technology, transferring technology to manufacture, electro-chemistries, cells, battery packs and applications.

PRESENT DAY
AGM Batteries Limited is now fully commissioned and is actively developing and producing cells through the plant. New chemistries continue to be developed to provide updated product lines and the Company have secured commercial projects along with Government backed projects to research and develop the next generation of batteries.

Introducing AMTE

Telephone
(0) 1847 867200

E-mail
hello@amtepower.com

Postal Address
AMTE Power Plc
Denchi House
Thurso Business Park
Thurso
Caithness
KW14 7XW





News for AMTE Power Plc

Blow To Jobs In Thurso As AMTE Power Plc Goes Into Administration
Shares in AMTE Power based in Thurso were suspended on the Stock Exchange on 19 December 2023.   AMTE Power, a high-performance battery developer, has called in administrators in a fresh blow to Britain's net zero industry.  
AMTE Power Thurso Shares Suspension On London Stock ExchangeThumbnail for article : AMTE Power Thurso Shares Suspension On London Stock Exchange
Battery manufacturer AMTE Power, which has a plant in Thurso and has had its share trading temporarily suspended on the London Stock Exchange.   In recent months the company has been faced with a precarious financial situation.  
AMTE, Thurso Agree An Unsecured Loan From Highlands And Islands Enterprise
AMTE Power PLC - Developer and manufacturer of lithium-ion and sodium-ion battery cells for specialist applications has agreed an unsecured £580,000 loan from Highlands and Islands Enterprise.   The loan is repayable after three years and incurs interest, after an initial twelve-month interest free period, at 6.5% per annum.  
Could Thurso Become A Producer Of Electric Car Batteries - Some Think So
SMMT reveals sales of electric vehicles storming ahead whilst manufacturing capacity lags behind.   According to the latest figures from the Society of Motor Manufacturers & Traders (SMMT) today, new car registrations in the UK rose for the first time this year, increasing by 11.3 per cent year-on-year in July.  
Major Recruitment Drive At AGM Batteries, ThursoThumbnail for article : Major Recruitment Drive At AGM Batteries, Thurso
Recent news of electric cars and energy storage has made life a lot more exciting for AGM Batteries Ltd.   Since acquiring the business in 2014 the management has significantly grown the business and this is set to accelerate on the back of 2 major automotive projects with more exciting Government and commercial projects in the pipeline.  
HIE Network Welcomes Contract Boost For Caithness
The news that AGM Batteries in Thurso is to be involved in supplying high-tech batteries for a multi-million pound military radio system has been warmly welcomed by the north's development agency Highlands and Islands Enterprise (HIE).   The announcement secures the 120 jobs at the plant, and provides real potential for future expansion.  

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