Energy Storage News•16 days ago
Samsung SDI partners with Korea East-West Power to develop ‘global’ BESS projects
- •Samsung SDI (battery OEM) and Korea East-West Power (state utility) have signed an MOU to jointly develop and invest in global energy storage systems (ESS) and renewable energy projects.
- •This partnership signals a significant push by a major battery manufacturer and a utility into international BESS and renewables markets, potentially increasing project opportunities and competition for developers and IPPs.
- •The collaboration aims to leverage Samsung SDI's battery technology and EWP's utility experience to accelerate the deployment of large-scale BESS solutions worldwide, impacting future supply and project availability.
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