Industry-leading SGSS Solution to Increase Capacity, Improve Responsiveness and Enhance Efficiency of Electric Power Systems by Enabling Cost-effective Frequency Regulation
WATERTOWN, Mass., Aug. 10, 2010 (GLOBE NEWSWIRE) -- A123 Systems (Nasdaq:AONE), a developer and manufacturer of advanced Nanophosphate™ lithium ion batteries and systems, today announced that AES Energy Storage, a leader in the use of fast-responsive energy storage for the grid, has ordered and is deploying 44MW of A123's Smart Grid Stabilization Systems (SGSS) for various new projects—including an energy storage project in Johnson City, N.Y.