Memorandum of Understanding Signed Between Marubeni and ENGIE for Collaboration in Power Digital Solution
Jun. 26. 2018
On June 21st, 2018, Marubeni Corporation (hereinafter, “Marubeni”) signed a Memorandum of Understanding (hereinafter, “MOU”) with ENGIE S.A. (hereinafter, “ENGIE”) for a collaboration in the introduction and further development of the digital solution platform system called DARWIN to be applied to renewable power plants, that are jointly operated by Marubeni and ENGIE. DARWIN is a data management platform which aims to improve the performance of its power generating facilities and develop predictive maintenance.
Marubeni and ENGIE are two of the largest IPP developers in the power sector, operating throughout the value chain of energy related businesses from upstream (fuel, generation) to downstream (energy/power related services), and have established and maintained a firm relationship as global partners in the energy and the power sector for decades. In addition to existing joint operations and businesses, Marubeni and ENGIE will collaborate in the power digital solution area, especially in terms of renewable power plants, to address the global market change driven by digitalization, de-carbonization and decentralization.
Marubeni will continue development and expansion of power digital solutions for renewable power plants and also for thermal power plants (which Marubeni is working on at Nakasode Clean Power (NCP)*1 and Mae Moh Coal Fired Power Plant of Electricity Generating Authority of Thailand (EGAT)*2) in order to achieve a higher degree of efficiency and reliability, and reduce environmental impact.
*1) NCP is a Combined Cycle Power Plant located in Sodegaura-city, Chiba Prefecture and is wholly owned by Marubeni Thermal Power Co., Ltd. which is Marubeni’s wholly-owned subsidiary.
*2) EGAT is a state-owned enterprise responsible for generation and transmission of electricity and is the largest electricity company in Thailand.
We are a global energy and services group, focused on three core activities: low-carbon power generation, mainly based on natural gas and renewable energy, global networks and customer solutions. Driven by our ambition to contribute to a harmonious progress, we take up major global challenges such as the fight against global warming, access to energy to all, or mobility, and offer our residential customers, businesses and communities energy production solutions and services that reconcile individual and collective interests. Our integrated - low-carbon, high-performing and sustainable - offers are based on digital technologies. Beyond energy, they facilitate the development of new uses and promote new ways of living and working. Our ambition is conveyed by each of our 150,000 employees in 70 countries. Together with our customers and partners, they form a community of imaginative builders who invent and build today solutions for tomorrow.
2017 turnover: 65 billion Euros. Listed in Paris and Brussels (ENGI), the Group is represented in the main financial (CAC 40, BEL 20, Euro STOXX 50, STOXX Europe 600, MSCI Europe, Euronext 100, FTSE Eurotop 100, Euro STOXX Utilities, STOXX Europe 600 Utilities) and extra-financial indices (DJSI World, DJSI Europe and Euronext Vigeo Eiris - World 120, Eurozone 120, Europe 120, France 20, CAC 40 Governance).To learn more: www.engie.com