Valence (VLNC) To Provide Batteries For Texas Smart Grid Community

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09:34:40 am on April 8, 2010

Valence Technology just announced that it has been selected to provide lithium phosphate batteries and dynamic energy systems for a new master-planned smart grid community called Discovery at Spring Trails. Valence’s systems will be used to demonstrate a practice called “peak shaving,” which utilizes home appliances more efficiently during peak demand hours.

In a press release, Robert L. Kanode, president and CEO, Valence Technology, commented on the news:

“Valence Technology is proud to be involved with a project as pioneering as the Discovery at Spring Trails smart grid community. By significantly reducing homeowners’ energy costs through peak shaving, community storage applications will gain acceptance in the marketplace. Valence Technology is well-positioned to provide proven, field-tested dynamic energy systems that will enable greener, smarter and more efficient energy use.”

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