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ABB and BYD enter strategic global collaboration on energy storage
5 September 2014
Global power and automation technology group ABB and BYD Co., Ltd., announced today a strategic global collaboration to develop new solutions for energy storage, building on their complementary strengths. This collaboration will accelerate the introduction of new solutions for electric vehicle charging, the fast ramp up of renewables combined with energy storage in off-grid and on-grid solutions as well as battery and energy storage solutions for the fast growing marine segment.
ABB and BYD said they share a common vision of sustainable power and industry as well as transport solutions. ABB’s leading products and technology for grid storage, electric vehicle charging and integrated marine systems, combined with BYD’s knowledge in battery technology, can broadly address worldwide energy storage requirements, the partners said.
The scope of the collaboration focuses on the following applications:
- Grid-connected energy storage
- Micro-grid applications
- Solar energy
- Marine applications
In 2014, ABB introduced its EV fast chargers in China, supplying DC fast chargers for the new Denza electric car developed by BYD’s joint venture with Daimler.
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