The memorandum of understanding between Altairnano and Shenhua subsidiaries Shenhua Science & Technology and the National Institute of Clean and Low-carbon Energy (NICE) also calls for joint development and deployment of the US firm’s storage systems in China.
China’s wind farm operators are facing declining profits as the country’s overburdened electricity grid restricts take-up of wind power.
Using technology to store wind output for use during periods of high demand could offer a solution to the grid restrictions.
Other