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Arista Power to team up with GE on new system

Rochester Business Journal
April 24, 2012

Arista Power Inc. is teaming up with General Electric Co.’s energy storage business to promote and market Arista’s Power on Demand system, which will incorporate GE’s Durathon batteries.

Financial details of the business cooperation agreement were not disclosed. The firms will promote and market the new Arista system jointly.

Rochester-based Arista manufactures, designs and integrates renewable energy generation, management and distribution systems.

GE’s Durathon battery is the product of a $100 million investment in next-generation battery technology, the companies said. Durathon is a nickel salt battery that is marketed for telecommunications, utilities and uninterruptable power supply applications. It is smaller and lighter than traditional batteries and can last up to 20 years, GE said.

“We are eager to utilize GE’s Durathon battery technology to enhance our Power on Demand system’s performance capabilities,” said William Schmitz, Arista’s president and CEO, in a statement. “GE’s products and strength, combined with our innovative power management solutions, will enable us to serve a much broader market.”

(c) 2012 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or e-mail service@rbj.net.
 


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