Yokogawa takes stake in ‘All Polymer Battery’ maker APB to drive expansion of energy management system business – MEP MiddleEast

  • Date: 05-Mar-2020
  • Source: MEP Middle East
  • Sector:Economy
  • Country:UAE
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Yokogawa takes stake in ‘All Polymer Battery’ maker APB to drive expansion of energy management system business – MEP MiddleEast

The battery that APB has developed delivers high energy density and has high flexibility in shape and size, so it can be used in a wide range of applications, starting with the large-scale storage batteries required by renewable energy sources such as wind and solar power generation systems.. Through the agreement, Yokogawa will provide its EMS for use with the energy storage systems (ESS) that APB will build and sell, and will also collect the condition data of individual cells or modules and the operation data of the ESS to optimize these systems and deliver efficient operation plans.. By acquiring a stake in APB, Yokogawa will be able to apply the optimization and efficient operation technology it develops to a range of large-scale storage batteries and develop its business for the distributed energy resource management systems that utilise these batteries..