[Photo provided by Samsung SDI]
Korea’s Samsung SDI is further broadening its presence in the global energy storage system market, winning new orders alone or in joint ventures.
According to sources on Monday, Sungrow-Samsung SDI (SSEP), the joint venture between Samsung SDI and Sungrow Power Supply, the largest inverter solution supplier for renewables in China, will provide energy storage inverters, Li-ion batteries and advanced battery management systems to Sungrow after the Chinese firm won a set of projects, totaling over 50MWh, which span multiple sites across Massachusetts, California, and Ontario.
In March, Sungrow won a 30㎿h ESS project in Hokkaido, Japan, for which it will provide NCM lithium batteries through the joint venture.
Earlier this year, Samsung SDI said it agreed to provide 13,000 battery modules for energy storage systems for a solar power project on the Hawaiian island of Kauai. The project led by Distributed Energy of U.S.-based AES Group calls for installations of a 28㎿ solar photovoltaic system and a 100㎿h ESS on Kauai.
The Korean company also agreed to form a consortium with Korean steelmaker Posco to provide secondary battery materials to Chile.
According to global market research firm B3, Samsung SDI ranked first in the global ESS market last year with a market share of 38 percent.
By Chun Kyung-woon and Minu Kim
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