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Areva SA and Schneider Electric sign strategic partnership agreement on energy storage


Thursday, 6 Feb 2014 03:12am EST 

Areva SA:Signs a strategic partnership agreement with Schneider Electric SA to develop energy management and storage solutions based on hydrogen fuel cell technology.Says they will design and propose energy storage solutions for electrical grids for isolated sites and areas where access to power is limited.Says it will provide the Greenergy Box energy storage solution, which is used to store hydrogen and oxygen from water electrolysis during periods of low energy demand in order to produce electricity during peak consumption periods.