January 31, 2019 - ABB and SUSI Partners (SUSI), a clean infrastructure investment advisor, have signed a framework agreement to promote the deployment of microgrids and energy storage solutions. ABB will provide its ABB Ability based 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 EUR 100 million for clean energy infrastructure.
The global energy transformation brings challenges and opportunities for the power sector. These include ensuring power availability and managing complex grids with a growing number of diverse, distributed energy resources and a high penetration of renewables. Additionally, industrial and commercial sites are looking for alternatives to optimize costs and minimize carbon emissions.