Quebec energy storage JV launched
Hydro-Quebec and Sony Corporation have launched Esstalion Technologies, a joint venture to research and develop utility-scale energy storage systems for power grids.
”Esstalion will utilize Hydro-Québec’s operation and control technologies for electric power supplies as well as its lithium-ion battery material technology.
Sony will contribute control technologies for olivine-type lithium-ion iron phosphate rechargeable batteries and highly scalable module systems.
The partners believe that by combining these strengths and performing the activities at a common location, the new company can achieve technology breakthroughs. These will result in improved battery material technologies suitable for use within electric power systems, and help integrate more wind and solar energy into power grids.
“Sony’s battery business possesses unique technological capabilities and Sony is committed to grow it,” says Tomoyuki Suzuki, an executive vice president at Sony.
Esstalion is headquartered in Varennes, Quebec.