1. Sungrow Announces $170m storage partnership with Samsung

    Sungrow Announces $170m storage partnership with Samsung

    China’s Sungrow, an inverter producer, has this week launched a joint venture (JV) with Korean firm Samsung to develop storage solutions for China’s energy sector.The Sungrow-Samsung SDI Energy Storage Power Supply Co., Ltd boasts an annual capacity 2 GWh of lithium-ion energy storage systems (ESS), power conversion systems and energy management systems, and is the result of a $170 million investment between the two firms.

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