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A123 Systems Lands 20MW Lithium Battery Storage Deal with AES Energy
Feb. 09, 2011 12:22PM PST
Battery Metals Investing
Reuters reports that A123 Systems (AONE) has signed a deal with AES Energy (AES) and will supply 20MW in lithium battery storage solutions for a 500MW power plant in Chile.
Reuters reports that A123 Systems (AONE) has signed a deal with AES Energy (AES) and will supply 20MW in lithium battery storage solutions for a 500MW power plant in Chile.
The market news is quoted as saying:
“Today’s announcement builds on the strong relationship we have with AES and further validates A123′s advanced energy storage systems as the ideal solution for frequency regulation, spinning reserve and other ancillary services,” said Robert Johnson, vice president of the Energy Solutions Group at A123.
