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Stock Market & Financial Investment News

News Breaks
April 10, 2014
09:29 EDTABB, MXWLMaxwell supplying ultracapacitors to ABB for Philadelphia rail lines
Maxwell Technologies (MXWL) announced yesterday morning that it is supplying ultracapacitors to ABB (ABB) for ABB's recent contract win to upgrade Philadelphia area rail lines. "ABB installed a battery-based ENVILINE braking energy recuperation system in a substation of SEPTA in 2012 and has now incorporated Maxwell ultracapacitors in a new hybrid configuration to increase energy recovery efficiency and extend battery life," Maxwell said.
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