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Ultralife Batteries (ULBI) Gets $2.4 Mill For Lithium Battery Development

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Ultralife Batteries (ULBI) will get $2.4 million from the New York State Energy R&D Authority for the development of a 1MW-hour lithium battery storage system integrating batteries, ultracapacitors and green energy sources to create an important piece of the smart grid puzzle.

ULBI’s system allows grid operators and renewable energy companies to monitor the grid and control the storage and flow of power.  They received the award … Read the rest