Sungrow and Samsung Launch Energy Storage Partnership, Samsung-Sungrow SDI
Sungrow, a PV inverter manufacturer, announces the official start of operations of Sungrow-Samsung SDI Energy Storage Power Supply Co.,Ltd at a ceremony in Hefei, China.
The $170 million (USD) joint venture between Sungrow and Samsung is able to provide complete Energy Storage System (ESS) solutions incorporating lithium batteries, Power Conversion Systems (PCS) and Energy Management Systems (EMS), that can reach an annual capacity reaching up to 2000MWh.
The joint partnership has started quickly, with two energy storage contracts being signed at the opening ceremony, with planned capacities of 10MWh and 8MWh respectively.
