Ener1 Inc help to develop new opportunities to use high-performance battery systems
american lithium-ion battery architect Ener1, Inc. active a announcement of compassionate (MOU) today with Russia's Federal Filigree Company (MICEX: FEES) to advice advance new opportunities to use high-performance Dell RN873 battery systems to advance the believability and achievement of the Russian electricity system, which is adverse almanac ambience appeal on an crumbling grid.
"Compared to any of the alternatives, filigree accumulator is a quick, awful amount able way to break believability and adeptness superior challenges on any network, and abnormally one that is already operating at its limit," said Ener1 CEO Charles Gassenheimer. "Russia and added arising markets accept the befalling to leapfrog the affectionate of systems that abide abroad because the charge for avant-garde solutions is so acute, and their absolute grids are already continued thin. The adeptness to abundance activity to use area and if it's bare is a big allotment of that."
To armamentarium the massive undertaking, FGC was accustomed ascendancy by the Russian federal government to access prices it accuse electricity generators by 51 percent in adjustment to reflect with absolute apple supply costs. Overall investment in Russia's electricity area has added added than eight-fold back 2005, according to the Ministry of Energy, which predicts that the country will absorb $20 billion in 2010 abandoned to advance breeding and manual VGP-BPS10 systems.
Cooperation amid U.S. and Russian companies on activity ability and acute filigree development is aswell a focus of the mutual Presidential Working accumulation formed endure year by President Barack Obama and President Medvedev. That accumulation is co-chaired by U.S. activity Secretary Steven Chu and Russian activity Minister Sergei Shmatko, and will authority its next affair in Washington, D.C. in July.
"These improvements are a top antecedence footfall in Russia's efforts to body up a adapted top tech abridgement that absolutely reflects the apprenticeship and engineering aptitude that abide there," Gassenheimer said, acquainted that the country is aswell gearing up to host the 2014 Winter Olympic Games. "That all-around VGP-BPL13 spotlight has consistently been a above disciplinarian of new basement investment."
FGC was formed in 2002 in affiliation with a about-face of Russia's civic electric adeptness industry. FGC is listed on Russian banal exchanges and is about 78 percent endemic by the Russian federal government.
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