Exide Technologies, a provider of stored electrical-energy products, has introduced ReStore Energy Systems, a new division dedicated to the development of new markets for renewable energy storage and lithium-ion energy systems.
According to the company, ReStore Energy Systems is a global division that will utilize proven technologies in lead-acid energy storage, along with recently acquired lithium ion technology, to develop new application-specific solutions for high-growth global markets such as renewable energy.
The division will focus on large-scale storage for grid-connected renewable energy (primarily solar and wind); off-grid renewable power generation and storage; and new industrial energy-storage opportunities that will benefit from high-performance, large-capacity, rechargeable lithium-ion batteries.
SOURCE: Exide Technologies
