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    lithium investing

    AES Southland to Build World’s Largest Lithium-ion Battery

    Written by Investing News Network
    |
    Nov. 24, 2014 09:39AM PST

    AES Southland LLC announced a contract with Southern California Edison Co. (NYSEMKT:SCE-E) to build the world’s largest lithium-ion-battery-based energy storage facility in Southern California.

    AES Southland LLC announced a contract with Southern California Edison Co. (NYSEMKT:SCE-E) to build the world’s largest lithium-ion-battery-based energy storage facility in Southern California. Once completed, the project will dwarf previous installations.

    As quoted in the release:

    Battery power developer AES Southland has announced a contract with Southern California Edison to deliver a 400MW lithium ion battery-based energy storage facility that will be capable of providing 100MW of power for a total of four hours. For comparison, when the State Grid Corporation of China teamed up with electric car manufacturer BYD to build the largest battery in the world, the stated capacity was 36MWh — less than 1/10 the size of the SCE facility.

    Click here to see the full article.

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