Samsung and S&C Electric to Develop U.K. Power Storage
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Samsung SDI Co., a maker of lithium-ion batteries, and S&C Electric Co. will develop an energy storage project in the U.K. as authorities spur work on an electric grid that can handle more renewables.
Samsung SDI will supply lithium-ion batteries at a substation in Bedfordshire, England, said Andrew Jones, the managing director of S&C Electric Company Europe Ltd. The 18.7 million-pound ($28.6 million) project will store as much as 10 megawatt-hours of power.