Monday, August 18, 2014
Andalay Solar Partners with Highpower for Commercializing Viable Energy Storage Systems
SAN JOSE, Calif., Aug. 18, 2014 /PRNewswire via COMTEX/ Andalay Solar (OTCQB: WEST), a leading manufacturer of integrated solar power systems, announced a collaboration with Highpower International, Inc. (Nasdaq: HPJ), a developer, manufacturer, and marketer of lithium and nickel-metal hydride (Ni-MH) rechargeable batteries, to launch a pilot project that will provide technologically advanced energy storage systems for Andalay Solar customers and enhance system performance while keeping the cost reasonably affordable and viable. Given the relatively high cost of the power grid, this energy system is designed to help customers avoid and reduce utility grid fees by going off-grid or employing a hybrid system. Highpower s energy storage system has six 2.4KWh lithium-ion battery modules and an output inverter that allows for a powerful energy load capacity and expandability. For the hybrid system, when combined with Andalay s integrated solar system, energy will be generated both by the
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