A123 Systems (AONE) Enters Agreement to Supply 6 GBSs to Northern Powergrid
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A123 Systems (Nasdaq: AONE), announced that it will supply six Grid Battery Systems (GBSs) to Northern Powergrid, an electricity distribution network operator that delivers power to more than 3.8 million customers in the U.K.
The GBSs will be designed for peak-load shifting and to manage fluctuations in voltage on the U.K.'s power grid. Expected to be operational by the end of 2012, the systems will be deployed as part of the Customer-Led Network Revolution (CLNR), the U.K.'s largest smart grid project funded through the Office of the Gas and Electricity Markets' (Ofgem) Low Carbon Networks Fund.
The GBSs will be designed for peak-load shifting and to manage fluctuations in voltage on the U.K.'s power grid. Expected to be operational by the end of 2012, the systems will be deployed as part of the Customer-Led Network Revolution (CLNR), the U.K.'s largest smart grid project funded through the Office of the Gas and Electricity Markets' (Ofgem) Low Carbon Networks Fund.
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