Free press releases distribution network?

More news: Engineering
Agency / Source: ABB Robotics / ABB Ltd

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



ABB and Samsung SDI Join Forces to Develop Microgrids Globally - Alliance will enable accelerated growth of microgrid market - ABB.com
ABB and Samsung SDI Join Forces to Develop Microgrids Globally

 

PRZOOM - /newswire/ - Zurich, Switzerland, 2015/03/25 - Alliance will enable accelerated growth of microgrid market - ABB.com. NYSE: ABB

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Engineering Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

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 is very pleased to sign this Memorandum of Understanding with Samsung SDI. Microgrid applications are expanding rapidly, both in emerging and developed markets, and are a key growth area in ABB’s Next Level strategy,” said ABB CEO Ulrich Spiesshofer. “This strategic alliance allows us to combine our complementary capabilities and will enable us to bring optimized solutions to our customers.”

“The alliance with ABB provides Samsung the basis to expand our global No. 1 position into the Microgrids market. Together with ABB we will make our utmost effort to develop new products and to pioneer new markets to keep on being the world’s best ESS company,” said Namseong Cho, President and CEO of Samsung SDI.

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.

ABB (abb.com) is a leader in power and automation technologies that enable utility, industry, and transport and infrastructure customers to improve their performance while lowering environmental impact. The ABB Group of companies operates in roughly 100 countries and employs about 140,000 people.

Samsung SDI is a leading solution provider in materials and energy. Established in 1970, Samsung SDI began as a producer of cathode ray tubes and entered the energy solution business in 2002. It has since successfully transformed itself into a provider of batteries and energy storage systems, while expanding into the field of automotive batteries. Following its merger with Cheil Industries in 2014, Samsung SDI now aims to create synergy between its energy solution business and the newly acquired electronics and chemical materials business. Samsung SDI's products include small-sized lithium-ion batteries, automotive batteries, energy storage systems, materials for semiconductors and displays, plastic for electronic devices and vehicles, as well as artificial marble.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Engineering Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: ABB Robotics / ABB Ltd

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Engineering articles,
CATCH Visitors via Your Competitors Announcements!


ABB and Samsung SDI Join Forces to Develop Microgrids Globally

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
ABB | Samsung SDI
Contact: Antonio Ligi / Thomas Schmidt - ABB.com 
+41 43 317 7111 media.relations[.]ch.abb.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any ABB Robotics / ABB Ltd securities in any jurisdiction including any other companies listed or named in this release.

Engineering via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From ABB Robotics / ABB Ltd / Company Profile


Read Engineering Most Recent Related Press Releases:

Rockwell Automation to Showcase Plantwide Control Solutions and Technology at POWER-GEN International
Premier Autonomous Vehicle Conference of The Southeast - 2016 Florida Automated Vehicle Summit
AEgis Technologies, Inc. to Demonstrate Affordable Training Alternatives At I/ITSEC 2016
Mentor Graphics Announces New FloEFD Product with Unique Capabilities
Mentor Graphics Signs Agreement with ARM to Accelerate Early Hardware/Software Development
ABB Wins Order to Supply 1600 Transformers to Support Railway Expansion in India
Mentor Graphics Announces FloEFD Frontloading Computational Fluid Dynamics (CFD) Award Winners for 2016
Infineon Chip Solves Rubik's Cube in 637 Milliseconds
Seica to Distribute Mentor Graphics Process Preparation Tool for Flying Probe Test Systems
Mentor Graphics New FloMASTER Delivers Higher Accuracy, Extended Physics and Ease of Use

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  JobsWare.com

Visit  NAKIVO, Inc.

Visit  La Bella Bakery Artisan Bakery Arizona







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today