SCG Ceramics Plc and Huawei Technologies have teamed up to develop energy storage technology, aiming to serve factory operators that adopt renewable energy.
Entrepreneurs need an energy storage system, or battery, to serve as a back-up power source for electricity produced by intermittent renewable energy sources such as the sun.
SCG Ceramics will jointly develop the technology through its Susunn Smart Solution Co, established to offer consulting and design services as well as distribution and installation of renewable power generation systems for customers.
Under a memorandum of…