28 Oct '14, 12am

Alevo to transform energy storage by combining battery tech with smart data analysis

New Alevo factory, contracts in China and Turkey The new Alevo factory in Concord, NC will produce GridBank™ units – shipping containers loaded with Alevo batteries to provide 2 MW of power (1 MWh of energy) – that will be attached to electricity grids at strategic locations. These units will provide a range of services to deliver efficiencies and eliminate waste. Alevo launches with two important national level contracts in China and Turkey. Alevo and China-ZK have signed a Strategic Agreement to promote and commercialise Alevo’s technology products and services in China. And in Turkey, Alevo has signed a joint venture distribution partnership deal with RBM and TSG. Energy storage to optimise grid efficiency Alevo will provide energy services to energy utilities worldwide through the installation of GridBank units containing Alevo batteries. When combined with the advance...

Full article: http://www.renewableenergyfocus.com/view/40452/alevo-to-t...

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