OSLO, NORWAY: Kyoto Group announced the signature of a Memorandum of Understanding with Schneider Electric, the leader in the digital transformation of energy management and automation. The companies’ shared goal is driving mutual business growth while decarbonizing and electrifying industry together.
The two companies aim to enter into a multi-country commercial agreement (“MCCA”). It will cover technology development, purchase and supply of Schneider Electric products and software solutions, focusing on innovation, superior quality, and cost optimization. This will lead to growth and positive outcomes for both parties.
Schneider Electric intends to become Kyoto’s dedicated technology partner and actively participate in delivery of critical electrical equipment to Kyoto Group’s E-house and Heatcube. Schneider Electric may also provide expertise and support to Kyoto in the pursuit of electrifying and decarbonizing the industry.
The aim is to develop cutting edge, digital solutions that enhance operational efficiency, leverage customer experience and lead to market competitive advantages.
“We are pleased to welcome Schneider Electric to our strong alliance with Iberdrola and Spirax Sarco and our shared ambition to decarbonize industrial process heat together. The products and services from Schneider Electric are cutting edge. A multi-country commercial agreement will simplify the roll-out of Heatcube significantly, as Schneider Electric will supply standardized products and services for Heatcube, customized and already compliant with each country’s local regulations and requirements”, says Camilla Nilsson, CEO at Kyoto Group.
“We at Schneider Electric are excited to join forces with Kyoto Group. By utilizing our technology, Kyoto will more efficiently help the industry decarbonize their process heat with their Heatcube. We look forward to supporting Kyoto and their customers’ making the most of their energy and resources, reducing carbon emissions in the race towards a net zero society”, concludes Ronny Micaelsen, Power Systems Director at Schneider Electric Norway.
The partners intend to actively promote competitive solutions based on the technology from both companies to their customers. They will also initiate joint go-to-market activities. This underscores both parties’ intentions to nurture a mutually beneficial relationship.
Kyoto Group connects world’s largest electrical heater for molten salt to the grid in Denmark