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Targetting European Market, ETI has participated in InterBattery Europe 2024
A total of 78 companies, including large domestic secondary battery companies such as Samsung SDI, LG Energy Solution, Lotte Energy Materials and Ecopro, as well as small and medium-sized battery companies, participated in this year's Interbattery Europe 2024 to show off their technology.Among them, small and medium-sized domestic battery companies, in particular, attracted the attention of visitors by forming small but fruitful booths with original ideas and new material technologyAn Enertech official said, "We have technology enough to work with global companies such as Ford and Hyundai to develop, but we were disappointed that we could not publicize Enertech to the world stage."In particular, since Enertech has already announced that it will operate a 700MWh battery plant annually in Chungju and recently announced that it will build a GIGA plant in South Africa and Africa, it will be able to enter the European market at a rapid pace if it is willing. Enertech's plan is to target a small niche market that large companies do not deal with in preparation for Europe's rapidly increasing battery demand due to carbon neutral issues.관리자
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EnerTech International will build a GIGA Factory in South Africa
Energy Tech International, a secondary battery manufacturer, will build a battery plant up to 10 gigawatt-hour (GWh) in South Africa. It is aimed at local energy storage (ESS) demand, and about 1 trillion won worth of investment will be made. It is the first time for a Korean company to build a battery plant in Africa.EnerTech International announced on the 9th that it recently signed a $6 million (about 8.2 billion won) feasibility review contract after signing a memorandum of understanding (MOU) with South African companies ASIME and CoEng in March. Through a feasibility review, the site, size, and exact investment cost of the South African battery plant will be determined.The company expects a factory with an annual production capacity of 8-10GWh to be built, given the local demand for lithium-ion batteries. As it usually costs 100 billion won to build a 1GWh factory, up to 1 trillion won in investment is expected.Investor Asime and the South African government will jointly raise funds, and Co-Engineering will be in charge of factory construction and infrastructure construction. Energy Tech International technology is used in the battery production line. "EnerTech International will lead the business in areas other than financing and factory construction," said Yoo Sik-jung, chief product officer (CPO) of EnerTech International.Construction will begin in the second half of the year when the feasibility study, which takes about a year, is completed next year. The goal is to start operation after the completion of the plant in 2027 and mass-produce batteries.Enertech International is working with its South African partners to build a battery plant because of a severe power shortage there. According to the Institute for International Economic Policy, Eskom, the South African power company, produces 24,700 megawatts (MW) of electricity, but its demand is 31,400MW, which is in short supply. South African President Cyril Ramaphosa declared a state of disaster due to the worst power shortage in February last year.Accordingly, South Africa is planning to produce batteries for ESS and respond to power shortages. It is known that the South African government is actively working on building battery factories, and Eskom is also showing its intention to participate in the project.Enertech International is expected to become the first Korean company to establish a battery production line in Africa. The company is building two battery plants with annual production capacity of 4GWh in Moscow and Kaliningrad, Russia, and will expand their operations to South Africa. In Chungju, Korea, the company operates a 500 megawatt hour (MWh) battery plant."EnerTech International procures most of its facilities from Korean companies, so the construction of local factories will help Korean companies enter the South African market," Yoo said. "We hope that EnerTech International's challenge will have a positive impact on our companies' development in the African market."관리자
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Participating in InterBattery 2024
579 companies and institutions, the largest ever, participated in the Interbattery Exhibition, which marks its 12th anniversary this year, and competed for the present and future of battery technology. The event, which was held at COEX for three days from March 6 (Wednesday), drew keen attention from all over the world, with governments and companies from 18 countries, including the U.S., Japan, China, Germany and Canada, including three South Korean batteries.With our participation in this exhibition, the company used it as a good marketing venue to appeal to the secondary battery full-cycle manufacturer dealing with electrodes, cells, modules, and packs led by EV/ESS.관리자
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Enertech International signed Investment Agreement
January 17th 2023, Enertech International signed an investment Agreement with the Governor of Chungcheongbuk-do province and the Mayor of Chungju-si.This Agreement contains main implementations of Enertech International investments and administrative support from Chungcheongbuk-do and Chungju-si.During 2023~2024, Enertech International will invest 35billion KRW in facility and equipment expansion to produce next generation of secondary battery modules and packs.The investments will allow to recruit 150 new employees in 2023~2024. Employment centers will support to make it happen.This Agreement will help to revitalize local economy, to prevent environmental pollution and to maintain high safety standards at Enertech International.https://www.sedaily.com/NewsView/29KIECVYEI관리자
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InterBattery 2022 !
‘InterBattery 2022’ hosted by the Ministry of Trade, Industry and Energy and hosted by the Korea Battery Industry Association and COEX was held from March 17 to 19 at COEX Hall A in Samseong-dong, Seoul.Interbattery is the only battery-specialized exhibition in Korea, with secondary battery manufacturers participating, and 250 domestic and foreign companies leading the battery market such as anode materials and electrolytes participated. .In 'xEV TREND KOREA 2022' (March 17-19), which was held simultaneously with this event, a large number of domestic electric vehicle brands such as Hyundai Motor, Kia Motors, and Volvo participated, and various EV models that were recently released or planned to be released in the future were exhibited, providing a variety of attractions. provided.Lee Myung-gyu, head of the Korea Battery Business Association, said, “Despite the Corona situation, the scale is 1.5 times larger than the previous year, attracting attention from the industry, so we prepared the latest innovative battery trends in one place. We will be able to confirm the competitiveness of domestic battery companies that are attracting attention in this industry.”admin
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Hansong Neotech, contract deal with Enertech
Shinhwa IT, a secondary battery subsidiary of Hansong Neotech, has successfully signed a long-term supply contract for high-performance secondary battery materials with a global electric vehicle battery manufacturer.Shinhwa IT has recently signed strategic MOUs with supply negotiations with US 'Solid Energy System', 'Enovix', and 'Zhongxin Guan Menggu (MGL)' of China.Shinhwa IT announced on the 20th that it has signed a long-term supply contract with Enertech International (Enertech), a global electric vehicle battery manufacturer, to supply an initial supply worth 6.2 billion won. This contract will be supplied as a customized mass production model through Spec-in. The contract period is 3 years. Enertech, established in 2001, will commercialize 80% nickel NCM batteries and supply them to American automakers' delivery vans. Enertech recently agreed to supply batteries for 100,000 electric vehicles to Avotor, Russia's largest automaker, and is also pursuing the construction of an additional plant in Russia due to an increase in new orders.Last year, Enertech was acquired by RENERA LLC, a subsidiary of Russia's state-owned company Rosatom, the world's No. Enertech's Russian plant is adjacent to Europe, so it plans to build a battery supply chain to strengthen its penetration into the global electric vehicle market.Shinhwa IT recently decided to expand secondary battery material manufacturing plants and production facilities in preparation for an increase in orders from a number of global customers, and aims to complete it by the third quarter of this year. After completion, Shinhwa IT's production capacity for high-performance lead tabs will be expanded five times, enabling it to respond to the high-spec battery market where demand is rapidly increasing.An official from Hansong Neotech said, “Shinhwa IT is accelerating the expansion of the secondary battery material business by signing strategic alliances with global next-generation battery companies and negotiating supply agreements.” “Through this long-term supply contract with Enertech, Russia It is expected to increase the supply volume in the future as it will prepare a foothold to enter the European and European markets.”He continued, “In addition, we are discussing technology development with global all-solid-state battery companies, and the demand for high-performance and high-capacity lead taps is expected to surge due to the increase in battery capacity and performance improvement. And we are responding quickly, such as by expanding production facilities.”[www.theguru.co.kr/news/article.html?no=30509]admin
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Enertech and Ewha Electric signed an agreement for a joint factory
Enertech International CEO Oh Deok-geun (left) and Ewha Electric Vice President Shim Bo-geun took a commemorative photo after signing a business agreement to establish a battery pack joint factory. [Source: Enertech]<Enertech International CEO Oh Deok-geun (left) and Ewha Electric Vice President Shim Bo-geon took a commemorative photo after signing a business agreement to establish a battery pack joint factory. [Source: Enertech]>Enertech International and Ewha Electric are producing batteries for uninterruptible power supply (UPS). In order to target the Middle East nuclear power plant market, a domestic battery maker and a power equipment maker have joined hands. It is expected to target the domestic and foreign nuclear power plant market.Enertech and Ewha Electric announced on the 6th that they had exchanged a memorandum of understanding (MOU) for the establishment of a battery pack joint venture in the presence of Enertech CEO Oh Deok-geun and Ewha Electric Vice President Shim Jeong-jeong.The two companies decided to build a UPS battery pack factory in Gyeonggi-do with the goal of establishing a joint venture (JV) within this year. Specific UPS production capacity and customer companies have been decided through discussion later. A UPS is a type of medium-to-large energy storage system (ESS), which is an emergency power supply device that stores power and takes it out when needed.Enertech entered into battery manufacturing in 2001 and has been recognized by domestic and foreign companies for its solid technology and production facilities. It supplies batteries for electric vehicles to US and Russian companies. In particular, the largest shareholder is the world's largest Russian nuclear power plant company, pursuing ESS and electric vehicle battery businesses.Ewha Electric is promoting various overseas projects as the demand for domestic UPS products is increasing. In a situation where they are looking for a stable battery supplier, they are targeting the UPS market in cooperation with Enertech.An official from the two companies said, "With a battery joint venture between specialized domestic manufacturers, we will seek new opportunities not only in the domestic market but also in overseas markets such as Russia and the Middle East."[www.etnews.com/20210606000030]admin
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InterBattery 2019
InterBattery 2019, the only battery exhibition in Korea, was held for three days at COEX in Seoul from October 16th to 18th.'InterBattery 2019' is attracting attention as one of the world's top three battery industry exhibitions along with Battery Japan and CIBF (China International Battery Fair).Enertech participated in the exhibition and introduced good quality products to everyone from Enertech own electrodes to pack systems.admin
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Business opportunities for supplying dry cells with ETI
Tomiyama (TOMYPURE) : Tomiyama Japan and Enertech has entered into a supply agreement for the very thin NCM811-GR dry cell(100mAh) for the testing of electrolyte for rechargeable battery cell.Tomiyama has been a global developer in next-generation chemical technology for more than 70 years and Enertech anticipates new future business opportunities for supplying dry cells produced with various formulations of electrodes.admin
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Battery for Korean Defense Industry
SPM Talos: SPM Talos (Battery supplier for Korean Defense Industry) and Enertech have entered into a supply agreement for Lithium battery cells for TMMR (Tactical Multi-band Muti-Role Radio) communication system that will be introduced to platoon and battalion combat unit beginning from 2020 going forward.Enertech is developing a very special type of LIPO cell with Ceramic-Coated Separator (CCS) which has a high durability against high physical stress, high heat, and has a high cycle-life performance suits for the robust military communication devices that will be implemented in all combat units beyond 2020.admin