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Altair Nanotechnologies (ALTI) Announces Successful Demo of Lithium Battery

Altair (ALTI), announced today the successful demo and validation  of two 250 kilowatt-hour battery system that was purchased by a leading utility AES Corp (AES).  The testing was conducted to demonstrate the applicability of Altair’s large platform technology to frequency regulation, important in the process of utilities providing power to the electric grid.

"The positive AES results validate the immense opportunities in the utility sector," said Terry Copeland, President and CEO for Altair Nanotechnologies. "Our … Read the rest