Axion Power sells PowerCube energy storage system

Energy storage system maker Axion Power International Inc. won a purchase order, along with a substantial down payment, for a PowerCube to be commissioned into a solar energy project.

The Cube will provide storage for energy created by the solar panel system and also service the frequency regulation market. The $320,000 purchase order includes batteries, racks, wiring, data communication system and electronics coordination (electronics and power system to be provided by owner).

The project has been in the works for some time and the company expects to ship all equipment to the site in the current quarter of 2013, with installation to begin immediately.

Axion’s PowerCube technology has been providing daily frequency regulation and demand response services in the PJM Interconnection grid utility network for the last two years. PJM is the nation’s largest power transmission organization serving more than 58 million people in all or parts of 13 states.

The solar storage adaptation of the PowerCube was developed with data extracted from the PJM network model, including the important “frequency regulation market” component.

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