Hitachi Ltd. will work on a smart-grid project in Southwest England that seeks to combine renewable energy, battery storage and electric vehicles to balance power output and usage.
Hitachi’s European unit will develop a so-called Internet-of-things platform for the 10.8 million-pound ($13.13 million) project in the Isles of Scilly, in Cornwall, according to a statement Wednesday. It’s partly funded by the European Union’s Regional Development Fund.
PassivSystems Ltd. will supply home energy management systems, and Moixa Energy Holdings Ltd. will contribute systems that allow home and electric vehicle batteries to respond to changing demand.
“This is a key investment area for Hitachi Europe Ltd. and puts us in an ideal position to build IoT engineering capabilities in the U.K. to deploy digital solutions globally,”
Andres Larriera, head of Hitachi’s smart cities energy group, said in the statement.
Source: Bloomberg via Fuel Included news