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Energy management specialist Schneider Electric and AREVA, a supplier of advanced technology solutions for power generation, have signed a strategic partnership agreement to develop energy management and storage solutions based on hydrogen fuel cell technology.

Under the terms of the agreement, Schneider says both companies will combine their expertise in order to design and propose energy storage solutions that help guarantee the reliability of electrical grids for isolated sites and areas where access to power is limited.

According to Schneider, AREVA will provide the Greenergy Box energy storage solution made with an electrolyzer and fuel cell. This solution, Schneider adds, 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.

The company notes that the agreement will help enable Schneider to achieve grid parity for renewable energy while managing intermittency and optimizing network connection.

"This agreement will create a robust commercial partnership for deploying an innovative solution in energy storage," comments Schneider's Frederic Abbal.

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