A123 Systems announced that it will supply a Grid Battery System, GBS, to Maui Electric Company, MECO, a utility serving residents and businesses on the islands of Maui, Lanai and Molokai in Hawaii. To be installed at MECO's Wailea Substation on Maui, the advanced energy storage system will be designed to deliver one-megawatt (1MW) of power for a full hour to reduce the peak energy load on one of the substation's transformers, which is expected to increase grid stability and improve power quality to help MECO meet the objectives of the Maui Smart Grid Project.
Asian shares and the euro edged up from lows on Monday, as opinion polls showing a lead for Greece's pro-bailout …



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