E.ON has signed an agreement with Samsung SDI Co. to collaborate and tap opportunities in the energy storage business.<\/p>\n
The co-operation includes the development of profitable energy storage solutions and to assess and develop a potential business model for targeting applications for Lithium-Ion batteries in selected regions and markets. The agreement focuses on solutions for grid stabilization, industrial customers and appropriate energy systems.<\/p>\n
E.ON and Samsung SDI will run battery projects in US, Germany, UK and Czech Republic first. Both companies have planned to extend these initiatives to other countries.<\/p>\n
\u201cThe expansion of renewables, together with customers\u2019 demands for decentralized solutions are driving the need for flexibility across the entire energy system. Lithium-Ion batteries are well suited to provide part of this flexibility due to their modular size, efficiency, simplicity and scalability,\u201d said Bernhard Reutersberg, Chief Markets Officer E.ON SE. \u201cTo grow in this area, we are convinced Samsung is the right partner for us to develop a potential business model. The company is a market leader with a strong know-how and track record.\u201d<\/p>\n
\u201cAs one of global leaders of supplying lithium-ion battery-related products, Samsung SDI serves the ESS markets with new innovative products that our capability and experience fabricate,\u201dsaid Sewoong Park, Vice President of Samsung SDI ESS Business Team. \u201cWith the developing battery technology, Samsung SDI strengthens the product line-up and platforms for diverse ESS applications, and will continue to be a trustworthy partner to E.ON.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
E.ON has signed an agreement with Samsung SDI Co. to collaborate and tap opportunities in the energy storage business.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[686,684,687,10],"tags":[],"class_list":["post-5608","post","type-post","status-publish","format-standard","hentry","category-americas","category-efficiency","category-europemiddle-eastafrica","category-technology"],"yoast_head":"\n