Sanyo Electric Group announced on Friday that it had agreed to participate in and finance a joint development program with the University of California, San Diego (UCSD). This is Sanyo's first energy project with an American university. Sanyo will contribute $320 million over three years to the research project.In this program, Sanyo’s “Smart Energy System,” based on the “Smart Grid” concept, will mesh with solar forecasting systems, energy storage, and general energy management technology developed at UCSD Jacobs School of Engineering. The project aims to enable stable, reliable, renewable energy generation in areas that depend increasingly on renewable energy such as California.
“It is our hope that through this agreement we can create a value-added system to offer to the United States as a whole, expanding the concept of a smart-grid society beyond the boundaries of this campus and San Diego.” said Mitsuru Homma, Executive Vice President of Sanyo Electric Co., Ltd, in a statement.The first step in the joint research involves applying a solar forecasting system to the Smart Energy System, in order to increase the efficiency of power supply.
"Sanyo is a leader in smart energy systems, and we look forward to contributing with our own research to [create] more efficient, renewable energy solutions," said Frieder Seible, Dean of the Jacobs School in a statement.
Beginning in July, two UCSD students will work at the Sanyo’s headquarter in Osaka, Japan. They will study solar energy generation technology by working on the Smart Energy System.
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