Fujitsu and Fuji Electric to Explore Smart Grid Partnership

Fujitsu Ltd, Fuji Electric Holdings Co. Ltd and its subsidiary Fuji Electric Systems Co. Ltd have signed a memorandum of understanding to begin exploring a business partnership to jointly develop the smart grid business. The partnership would be aimed at merging the companies’ strengths to accelerate the development of smart grid-related solutions and rapidly establish a competitive foothold in Japan and other markets around the world.

The Fujitsu Group, one of the leaders in information and communications systems, offers a range of ICT products and value-added services, including cloud computing-based solutions, to markets worldwide. The Fuji Electric Group is a global leader in electric distribution and control technologies, systems, and components. By merging these capabilities, Fujitsu and Fuji Electric would aim to foster the smart grid solutions market. In addition, the companies would aim to accelerate the use of reusable energies and improve energy efficiency in order to contribute to the creation of a prosperous, low-carbon society.

Under the MOU, Fujitsu and Fuji Electric will consider how a partnership could be used for joint smart grid pilot projects and tracking efforts to create international standards, as well as how the companies could work together to jointly create technologies that become de facto standards in the market.

Fujitsu and Fuji Electric will be exploring the feasibility of projects in the following three major areas, with a focus on joint pilot projects, the development and sale of grid solutions, international standardization, and research and development:
- Infrastructure systems for the public sector and electric power companies
- Systems for private-sector industrial companies in the manufacturing, distribution, and other industries
- Joint R&D on advanced fundamental technologies

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