
NTT has announced a significant strategic move with the establishment of a new division dedicated entirely to energy storage solutions. This development underscores the increasing importance of energy storage in supporting global efforts towards integrating renewable energy sources and ensuring grid stability.
The newly formed division will focus on developing, deploying, and managing advanced energy storage systems. These systems are essential for capturing energy generated from variable sources like solar and wind power, making it available when needed, thereby enhancing reliability and efficiency of energy networks.
Leveraging NTT’s extensive technological expertise and infrastructure capabilities, the division aims to provide innovative solutions that address the complex challenges of the modern energy landscape. This includes contributing to sustainability objectives and improving energy resilience for a wide range of clients, from large enterprises to local communities.
Establishing a dedicated business focused on energy storage positions NTT to become a major player in a critical sector vital for the ongoing energy transition. This move highlights NTT’s commitment to contributing to a more sustainable and stable energy future.
Source: https://www.datacenterdynamics.com/en/news/ntt-launches-energy-storage-division/