A123 Energy Solutions announces new 2.8MWh Grid Storage Solution™ contract win

Westborough, Mass.—January 29, 2014—A123 Energy Solutions, a leading provider of advanced energy storage systems for utility grid and commercial applications, announced today that it will supply, install, and commission a 1MW, 2.8MWh GSS™ to IHI Corporation. IHI Corporation is one of the largest industrial equipment manufacturers in Japan and makes products for a diverse set of markets including aerospace, energy, social infrastructure, and heavy machinery. The GSS is currently in the process of being installed at an IHI factory located in the Tohoku region of Japan.

Once operational, the GSS will be used to integrate a large PV solar generation array co-located at the facility and help reduce the factory’s overall load, which will in turn help ease the strain on Japan’s grid which has been in rebuilding mode since the 2011 Eastern Japan earthquake.

“This new contract win proves that A123 Energy Solutions has recovered, is open for business, and is poised for growth,” stated Bud Collins, President of A123 Energy Solutions. “While last year was a challenging one, we were still able to successfully install and commission several sites around the world. This new project in Japan helps us begin the year with a new win, and we expect to continue this trend and grow the business.”

The Grid Storage Solution™, or GSS, will utilize the company’s Long Duration Grid Battery System (GBS-LD), a standard but flexible grid energy storage unit accommodating configurations that range from as little as 100kW to 4MW. The GBS-LD can be packaged in standardized 20-foot, 40-foot, and 53-foot long containers, custom enclosures, or in pre-existing buildings. Utilizing A123 Systems Nanophosphate® prismatic cell technology, up to 100MW and 100MWh of energy storage can be deployed onto a single acre of land, providing a superior combination of service life, power output, safety, and reliability.

About A123 Energy Solutions
A123 Energy Solutions, a division of A123 Systems LLC and a part of Wanxiang Group, develops and manufactures advanced batteries for electric grid, backup power and lead-acid replacement applications based on A123 Systems Nanophosphate® lithium ion technology. As an industry leader in energy storage system integration focusing on high performance, efficient, safe and reliable battery systems, A123 Energy Solutions utilizes a state-of-the-art development center and ISO 9001-2008 certified facilities to design and manufacture advanced battery systems ranging from small industrial batteries to massive grid-scale energy storage systems. Its megawatt-scale Grid Storage Solutions™ have been successfully operated in commercial revenue service since 2009 around the world, and have to date reached over 100MW deployed. In commercial and specialty batteries, it provides energy storage solutions to fit the needs for telecom, IT backup, datacenter, medical, lead-acid replacement and other industrial applications. For more information, please visit www.a123energy.com.