in News Departments > FYI
print the content item

Energy-storage providers Altair Nanotechnologies Inc. and EnerDel Inc. say they have signed a memorandum of understanding (MOU) to co-market and cross-sell each other's product portfolios.

Each company will now be able to offer a much broader line of lithium-ion-based energy-storage systems from individual cells and modules in order to complete systems that offer multiple chemistries and technologies, the companies explain.

"Electric-grid customers are interested in combining high power and high energy battery systems to solve the challenges of renewable integration and ancillary services,” explains Alexander Lee, CEO of Altair Nanotechnologies. “This MOU allows each company to expand its market presence while creating real value for our customers."

The agreement is effective immediately, and the companies will start representing each other’s products as part of their regular sales efforts in the coming weeks.



Trachte Inc._id1770
Latest Top Stories

Senate Passes Tax Extenders Bill With Wind PTC Extension

The legislation, which passed in the U.S. House earlier this month, will renew the critical production tax credit through the end of 2014 - giving developers only about two weeks left to start construction.


Transmission Study Shows Nebraska Could Handle A Lot More Wind Power

A new report released by the Nebraska Power Review Board finds that the state already has enough infrastructure to accommodate at least 2 GW of additional wind generation.


Can Wind Energy And Birds Coexist? Environmental Group Says Yes

The Environmental Defense Fund, a supporter of responsible wind energy development, points out ways to help mitigate impacts of turbines on birds and bats.


Another Study Finds Wind Turbines Do Not Affect Nearby Property Values

Research conducted by the University of Guelph focused on regions in Ontario, and the conclusion echoes that of previous studies.


Too Little, Too Late? U.S. House Approves Wind PTC Extension

The U.S. House of Representatives has passed a tax extenders package that would renew the wind production tax credit (PTC) and about 50 other expired tax breaks through 2014. The wind industry argues the short-term fix is virtually no fix at all.

Hybrid Energy Innovations 2015