Axion Power International Inc., a battery developer based in New Castle, Pa., has been awarded a state grant to develop a renewable solar energy storage system based on its proprietary PbC PowerCube battery technology.
The $300,000 grant from the Solar Energy Program of the state's Commonwealth Financing Authority will be used to demonstrate the advanced energy storage technology of PbC batteries within a smart grid system, where power is generated from renewable energy sources such as the sun or wind, stored during overnight periods, and then delivered to the grid during times of peak demand.
The Axion PbC batteries will be coupled with a UPS power conditioner provided by Eaton Corp. and a solar panel-to-electric conversion system, as well as an electric vehicle charging station, provided by Envision Solar.
SOURCE: Axiom Power International Inc.
