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EnerDel, ITOCHU Announce Second Smart Grid Battery Storage Project

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US-based lithium-ion battery producer EnerDel is partnering with the real estate arm of Japan’s industrial trading giant, ITOCHU Corporation, to develop and produce the advanced battery systems for a residential smart grid energy storage project to be installed in a major apartment building near Tokyo. since 2003. Earlier post.).

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Lithium-Ion Battery Maker Ener1 Receives $20M Strategic Equity Investment from ITOCHU

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ITOCHU, which began its strategic relationship with Ener1 in 2003, purchased 3.2 Ener1 battery packs are also being tested by the US Department of Defense in a prototype hybrid Humvee. million shares of common stock from Ener1 at a price of $6.18 Earlier post.). Earlier post.). Earlier post.).