A123 Scores Battery Deal for Wind Power in China

CNET reports that A123 Systems (NASDAQ:AONE) reported that it plans to supply an energy storage system attached to a wind turbine in a test that could lead to further grid business in China.

The market news is quoted as saying:

A123 Systems has auto battery manufacturing operations in China, but the grid storage system will be its first to be installed in China. Grid storage projects typically cost between $1,000 and $1,200 a kilowatt but the bigger significance is that the test with Dongfang can lead to similar projects, said Robert Johnson, vice president of A123 Systems’ Energy Solutions Group.

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