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Fujitsu, Fuji sign MoU on smart grid

Posted: 06 Apr 2010     Print Version  Bookmark and Share

Keywords:smart grid  R&D  renewable energy 

Fujitsu Ltd, Fuji Electric Holdings Co. Ltd and its subsidiary Fuji Electric Systems Co. Ltd have entered a memorandum of understanding (MOU) to explore a business partnership on the smart grid business. By merging each company's expertise, Fujitsu and Fuji Electric aim to foster the smart grid solutions market. In addition, the companies plan to accelerate the use of reusable energies and improve energy efficiency in order to contribute to the creation of a prosperous, low-carbon society.

The partnership would be aimed at merging the companies' strengths to accelerate the development of smart grid-related solutions and rapidly establish a competitive foothold in Japan and other markets around the world.

Under the MOU, Fujitsu and Fuji Electric will consider how a partnership could be used for joint smart grid pilot projects and tracking efforts to create international standards, as well as how the companies could work together to jointly create technologies that become de facto standards in the market.

The companies will also explore the feasibility of projects in the following three major areas:

• Infrastructure systems for the public sector and electric power companies;
• Systems for private-sector industrial companies in the manufacturing, distribution, and other industries; and
• Joint R&D on advanced fundamental technologies.

The companies will focus on joint pilot projects, the development and sale of grid solutions, international standardisation, and research and development.

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