Further strengthen Mitsubishi Electric's distributed energy resource management solutions
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) today announced that it has reached an agreement with its US subsidiary Mitsubishi Electric Power Products, Inc. (MEPPI) to acquire Smarter Grid Solutions (SGS) headquartered in the United Kingdom . SGS is the world's leading distributed energy resource (DER) management software provider for distribution utility companies and DER operators.
Grid operators around the world are experiencing an increasingly complex combination of new decentralized power generation and clean energy resources. SGS provides highly flexible and scalable control solutions that allow users to integrate DER for capacity management, flexible interconnection, virtual power plants, microgrids, fleet energy asset operations, and energy as a service.
"We are very happy to introduce SGS to Mitsubishi Electric. They are committed to achieving the mission of decarbonizing electricity production and have developed world-class products and processes in the past ten years. We look forward to combining their products with our grid control product suite. Combining to help our customers respond to changes and still get the best performance from their grid.” said Brian Heery, President and CEO of Mitsubishi Electric Products.
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Customer inquiries: Mitsubishi Electric Power Systems Marketing Department, Energy and Industrial Systems Group, tdm.pgs@nb.MitsubishiElectric.co.jp www.MitsubishiElectric.com/bu/powersystems/
For media inquiries, Komatsu Bukit Public Relations Department Mitsubishi Electric Corporation Tel: +81-3-3218-2346 prd.gnews@nk.MitsubishiElectric.co.jp www.MitsubishiElectric.com/news/
Customer inquiries: Mitsubishi Electric Power Systems Marketing Department, Energy and Industrial Systems Group, tdm.pgs@nb.MitsubishiElectric.co.jp www.MitsubishiElectric.com/bu/powersystems/
For media inquiries, Komatsu Bukit Public Relations Department Mitsubishi Electric Corporation Tel: +81-3-3218-2346 prd.gnews@nk.MitsubishiElectric.co.jp www.MitsubishiElectric.com/news/