Axion Supplying Energy-Storage System to Pennsylvania Solar Farm

Oct. 30 (Bloomberg) — Axion Power International Inc., the
energy-storage-system maker that’s declined 64 percent this
year, will supply equipment to the largest solar farm in
Pennsylvania.

The Coatesville Solar Initiative, being developed by Keares
Electrical Contracting Inc., could end up using 5,000 to 6,000
batteries for energy storage and frequency regulation, New
Castle, Pennsylvania-based Axion said today in a statement.
Financial terms weren’t disclosed.

The proposed solar project would be capable of generating
9.1 megawatts. The Coatesville Area School District has agreed
to a 25-year contract to buy electricity from it.

To contact the reporter on this story:
Justin Doom in New York at
jdoom1@bloomberg.net

To contact the editors responsible for this story:
Reed Landberg at
landberg@bloomberg.net
Tina Davis, Jim Efstathiou Jr.

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