A123 Systems has signed on electricity utilities to use its lithium-ion batteries for short-term energy storage, according to a company executive.
The company, spun out of the Massachusetts Institute of Technology, is a closely watched venture that is best known for activity in the auto and power tools markets.
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*Source: Green Tech Blog (
http://news.cnet.com/8301-11128_3-99...tag=nefd.riv)*
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