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Samsung and Sungrow partner for energy storage JV

Thu, 11/06/2014 - 16:23 -- Laura Varriale
Samsung SDI and Sungrow officials

Samsung SDI is to form a joint venture (JV) for energy storage systems with inverter manufacturer Sungrow in China.

The JV will develop lithium-ion battery energy storage, as well as marketing and sales of its storage solutions and products. The South Korean and Chinese companies plan to establish new firm in the first half of 2015.

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