Scaling grid innovation: Volvo Penta follow-on investment in UtilityInnovation Group
Building upon the partnership established with
The exponential demand for data center power and the complexity of grid evolution can be met by UIG's skillset and ability to integrate
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Expand the reach of resilient energy solutions: By combining
Volvo Group 's technology and global footprint with UIG's deep integration expertise, the continued partnership will enable the delivery of larger innovative energy developments for a range of global customers, including utilities, data centers, and large energy users. - Drive the adoption of advanced Battery Energy Storage Solutions (BESS): The investment will support the development and commercialization of UIG's cutting-edge Energy Storage for Resiliency (ESR) platform. ESR is intended to enhance power stability, alleviate the load challenges of energy-intense artificial intelligence or machine learning data centers, and optimize large microgrids.
- Deploy the GridSure advantage: UIG's integrated controls and asset management platform, GridSure, leverages data-driven insights and cyber-secure AnywhereEngineering tools to manage grid capacity, improve overall system resilience, and monitor infrastructure.
"The investment in
The investment in
The transaction has no significant impact on the
For more information, please contact:
Tel: +46(0) 739026626
Email: melissa.zhuo@volvo.com
For more information, please visit volvopenta.com
Volvo Penta is a global manufacturer of engines and power systems for boats, vessels, and industrial applications, with a century of experience and a global network of nearly 3,500 dealers across 130 countries. The company is recognized for producing high-quality, reliable, and performance-driven power solutions. As part of the Volvo Group, Volvo Penta is committed to reducing dependence on fossil fuels and moving towards sustainable solutions at sea and on land.
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