ABB has signed a framework agreement with SUSI to promote the deployment of microgrids and energy storage solutions.
Under the agreement, ABB will supply its microgrid technology and battery energy storage systems, while SUSI will structure and finance the projects through its dedicated Energy Storage Fund, which has a corpus of €100 million for clean energy infrastructure.
“As a pioneering technology leader and solution provider, we will work with SUSI to enhance our customer value proposition and accelerate the adoption of microgrid and energy storage solutions,” said Massimo Danieli, head of ABB’s Grid Automation business within the company’s Power Grids division. “These solutions also help provide access to reliable and cost-effective electricity in remote locations.”
ABB says that the global energy transformation brings challenges as well as opportunities in the power sector. Opportunities for innovative microgrid and energy storage applications are “significant”.
“This partnership with ABB, a renowned and knowledgeable technology partner, broadens SUSI’s investment scope and we expect it to contribute in attracting numerous investment opportunities for the SUSI Energy Storage Fund globally,” said Marco van Daele, Chief Investment Officer, SUSI Partners.
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