A123 (AONE) to Supply Dongfang Electric with 500kW Storage
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A123 Systems, (Nasdaq: AONE), entered a contract to supply a 500kW advanced energy storage solution to Dongfang Electric Corporation (DEC).
Expected to be installed at DEC's manufacturing facility in Hangzhou city, China Zhejiang Province, by the end of 2011, the system is designed as a demonstration project to help DEC evaluate how advanced energy storage can address the challenges associated with the rapid growth of wind power in China.
Expected to be installed at DEC's manufacturing facility in Hangzhou city, China Zhejiang Province, by the end of 2011, the system is designed as a demonstration project to help DEC evaluate how advanced energy storage can address the challenges associated with the rapid growth of wind power in China.
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