a123 surges on china grid-stabilization contract - lithium batteries for sale
2019-09-06
MERITSUN
131
A123 Systems
Lithium producers in the United States
Lithium-ion battery electric vehicles, up to a month after signing a contract to provide a month-
Megawatt system of China Power System Corporation
Help adjust powergrid frequency.
Waltham-based A123 rose 13% to 78 cents at 9: 35 a. m. m in New York.
Earlier, it rose 16%, the highest intraday since June 12.
These batteries will store electricity when needed to help stabilize China's power grid and allow the integration of volatile renewable energy sources
Ray power Systems said in a statement released today by a123 that energy resources such as wind energy and solar power plants.
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