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Altairnano signs MoU with Shenhua subsidiaries for industrial Li-ion energy storage systems in China

Altairnano has signed a Memorandum of Understanding (MoU) with Shenhua Science & Technology and its research affiliate, the National Institute of Clean and Low-carbon Energy (NICE), jointly to develop, deploy and promote industrial applications of lithium titanate-based energy storage systems in China.

Shenhua S&T and NICE are both subsidiaries of the Shenhua Group, which is the world’s largest producer of coal, and the largest integrated energy company in China.

The MoU calls for the launch of a pilot project to deploy and test an Altairnano ALTI-ESS Advantage System at one of Shenhua’s wind farms in China. Under the terms of the MoU, the parties have formed a joint working group, which will define the scope of the pilot project. Key goals of the pilot project include the development of ancillary services for the grid, the storage of electricity in off-peak hours, especially from renewable sources of energy, and grid stabilization.

The newly launched ALTI-ESS Advantage, which uses Altairnano’s patented nano-lithium-titanate technology, is suited for high-power applications because of its ability to rapidly charge, store and discharge energy back into the grid. The company anticipates that the ALTI-ESS Advantage System will play a key role in the joint pilot project with Shenhua S&T and NICE.

Comments

Herm

will they build the cells in China?.. watch out!

Brotherkenny4

Herm,

Japan and Korea both had reputations for shoddy wormanship when they first began exporting to the US. We now think of their manufacturing being superior to that in the US. What we need to watch out for is China becoming a producer of quality items, such as batteries. They will, and we will be sorry we didn't want batteries manufactured in this country. But hey, batteries and EVs are now something associated with Obama, and thus it must be destroyed to save our country from this muslim socialist. Fortunately for us the President hasn't tried to promote breathing, or the right would have us holding our breath.

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