HOMER Energy partner ABB, the leading power and automation technology group, and Samsung SDI, the leading manufacturer of lithium-ion batteries, have signed a Memorandum of Understanding to promote microgrid solutions globally.
The two companies will establish a global commercial alliance to develop and market modular and scalable microgrid solutions, utilizing lithium-ion batteries for energy storage.
The combination of ABB’s global market presence, its leadership in grid technology and its global service footprint with Samsung SDI’s leading lithium-ion battery technology will enable accelerated growth of the market. It will make microgrid solutions a viable alternative to promote and broaden access to electricity in emerging markets and remote areas while providing power reliability, resiliency and security to developed markets.
ABB will provide technologies for electrification, control optimization, stabilization and expert consulting services. Samsung SDI will provide the batteries and the battery management system. The alliance will further strengthen ABB’s and Samsung’s ability to supply advanced solutions to the global microgrid market.