Auto battery maker Ener1 eyes grid storage
NEW YORK--Ener1, which manufactures lithium ion batteries for electric cars, is testing energy storage systems for the power grid, the company's CEO said on Tuesday.
Ener1's roots are in the automotive industry and its Indianapolis-based EnerDel division already has agreements to supply battery packs to a handful of auto companies, including Think and another automaker in Europe.
The company is also expanding into different markets, including the military and utility-grade storage, said Ener1 CEO Charles Gassenheimer at the Jefferies Global Clean Technology Conference here.
Ener1 is working with a few utilities that work in its Midwestern region on … Read more