Dive Summary:
- Alstom Grid and Toshiba Corporation announced Monday that they will be pursue partnership possibilities dealing with smart grid business.
- Potential projects coming out of the deal may include the development of systems for renewable energy integration, as well as plans for promoting smart grid interests across the world.
- Ultimately, the companies hope to bring about wide-ranging electricity management solutions.
From the press release:
Alstom Grid and Toshiba Corporation announced today that they have signed a memorandum of understanding (MOU) under which they will discuss a complementary partnership in the smart grid business.
The two companies will investigate cooperation and comprehensive collaboration drawing on their respective capabilities in smart grid technologies and know-how. The goal is to realize wide-ranging electricity management solutions that can be applied in diverse regions and environments to achieve consistent outcomes and support secure energy supply. ...
