To be established in June 2014, the new JV will combine Sony’s control technologies for highly safe, reliable, olivine-type lithium-ion iron phosphate rechargeable batteries and highly scalable module systems, with Hydro-Quebec’s operation and control technologies for electric power supplies as well as its lithium-ion battery material technology.
The energy storage system will stabilize fluctuations in electricity generated by renewable energy sources, including solar and wind power.
Hydro-Quebec Technology executive vice president Elie Saheb said that by combining Hydro-Quebec’s experience in electricity systems and its R&D work in energy storage with Sony’s expertise in lithium-ion battery production, Hydro-Quebec is creating a world-class joint venture with the necessary expertise to manage the R&D of batteries for renewable energy storage (solar and wind) and the smart grid.
Sony Corporation Energy Division senior general manager Yoshito Ezure said, "In addition to Sony’s energy storage systems for the home and office, we will aim to expand our business using the technology produced through our joint development and contribute to the spread of sustainable electricity infrastructure."
