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Altair Nanotechnologies Executes Joint Development and Equipment Purchase Agreement with AES Corporation for Advanced Energy Storage Products.

Publication: Business Wire
Publication Date: 23-JUL-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Altair Nanotechnologies is Jointly Developing Energy Storage Solutions to Improve the Electric Grid

RENO, Nev. -- Altair Nanotechnologies Inc. (NASDAQ: ALTI), a leading manufacturer of safe, high-performance NanoSafe[TM] battery pack products and energy storage products announced today that it has finalized a joint development and equipment purchase agreement related to Altairnano's battery technology and energy storage products with global power leader AES Corporation (NYSE: AES). AES is one of the world's largest power companies, with operations in 28 countries on five continents. AES's generation and distribution facilities have the capacity...

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