SUBSCRIBE
PROFILE

REPT BATTERO to deliver 2.5GWh of storage systems to Hyosung Heavy Industries

The agreement signed in Seoul between REPT BATTERO and Hyosung Heavy Industries provides for the supply of 2.5GWh of energy storage systems aimed at strengthening their joint position in the global market.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

SUBSCRIBE - 99$/year

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

Chinese battery manufacturer REPT BATTERO and South Korean group Hyosung Heavy Industries have signed a memorandum of understanding for the delivery of 2.5GWh of energy storage products, the two companies announced on May 30. The agreement, concluded in Seoul, aims to establish a global strategic framework in the field of battery storage systems.

According to the agreement, REPT BATTERO will supply storage cells, modules and direct current (DC) containers to Hyosung Heavy Industries, along with technical support for system integration and quality control. In return, Hyosung Heavy Industries will handle global marketing, local system adaptation and regulatory certification in the target markets.

A structuring partnership in the storage segment

The two companies stated that this cooperation aims to establish a dominant presence in the global energy storage sector. They intend to accelerate the adoption of large-scale storage technologies in various countries, responding to increasing demand for the integration of intermittent energies into power grids.

Woo Tae-hee, Chief Executive Officer and President of Hyosung Heavy Industries, stated: “Hyosung Heavy Industries is committed to becoming a leading global player in energy solutions. This collaboration will solidify our positions in the energy storage market.”

Joint ambitions in international markets

For his part, Feng Ting, Chief Executive Officer and President of REPT BATTERO, noted that the agreement represents “a significant breakthrough in market synergy between Chinese and South Korean storage players”. According to him, REPT BATTERO’s high-performance batteries complement the industrial expertise and international footprint of Hyosung Heavy Industries.

The stated goal is to eventually offer more competitive storage products and services in foreign markets by combining industrial capacities with local market knowledge. Both companies plan to expand their collaboration to other strategic regions, tailoring their offerings to specific regulatory requirements and existing infrastructure.

A reinforced position to meet global demand

REPT BATTERO and Hyosung Heavy Industries reiterated their intention to strengthen cooperation in the coming years. The two companies are relying on this partnership to meet the growing global demand for storage systems, driven by power grid transformation and the rise of renewable energy production.

  • Popular on energynews.pro
Serbia’s Pancevo refinery faces shutdown as US sanctions cut crude supply
Framatome delivers first nuclear fuel assemblies for Barakah
South Korea under pressure from the IEA to liberalise its electricity market
Schneider Electric establishes new North American headquarters at Boston’s Winthrop Center
Solar output overtakes natural gas in California during peak daytime hours
Nostromo and Olivine integrate thermal storage system into California’s energy market
Nostromo’s IceBrick system becomes the first behind-the-meter thermal storage device to participate in California’s wholesale energy market, in partnership with Olivine, marking a milestone for commercial buildings.
Pacific Green secures permit for 1GW battery park in Portland
Pacific Green has received approval from the Victorian government for its second energy storage park in Australia, a 1GW project to be developed over 36 months in Portland’s industrial zone.
TagEnergy invests in a 150 MW storage system in Australia
TagEnergy launches a 150 MW storage project at the Golden Plains wind farm site, strengthening its investment strategy in Australia's energy infrastructure.
CATL, Marubeni and Sun Village launch 2.4GWh storage project in Japan
CATL, Sun Village and Marubeni Power Retail have signed an agreement to develop 2.4GWh of grid-scale storage capacity in Japan, without a defined schedule, leveraging investment, construction and commercial management synergies.
Northland Power invests in 300 MW battery storage through deal in Poland
Northland Power has acquired two energy storage projects in Poland from Greenvolt Power Group, consolidating a strategic partnership in a transitioning market.
Battery storage market projected to reach $99.67bn by 2033
The global battery energy storage systems market anticipates 28.8% annual growth through 2033, supported by industrial electrification, government incentives and grid modernisation efforts.
Group1 and MPSC join forces to build a fully American potash-to-battery supply chain
Group1 and Michigan Potash & Salt Company have signed an agreement to create a domestic potassium-based battery supply chain, relying on local mining and production free from critical metals.
Japan commissions first 4MWh grid battery in Shiga Prefecture
A battery storage project developed in Shiga Prefecture marks a new step for the Japanese industry, with the official commissioning of a 4MWh facility aimed at the primary balancing market.
au Renewable Energy invests in nine high-voltage storage sites in Japan
Nine battery storage projects totalling 18MW will be built by au Renewable Energy across the Chubu, Kansai and Kyushu regions, with commissioning scheduled through March 2027.
ACEnergy secures approval for 500 MW battery project in Bouldercombe
ACEnergy’s Central BESS project has been approved with a $3.6mn benefit-sharing plan for local and Indigenous communities.
Fullmark Energy transfers $46mn tax credit for California storage portfolio
Operator Fullmark Energy has finalised a $46mn investment tax credit transfer linked to its 125MW Redwood storage portfolio in Southern California, strengthening its ability to pursue further growth in the sector.
Eos Energy raises $76.9mn through exercised public warrants ahead of expiry
Eos Energy confirmed the expiry of its public warrants following the exercise of 6.7 million units, generating $76.9mn to finance its industrial projects in the United States.
Trina Storage signs agreement with Pacific Green for 5GWh of energy storage
Trina Storage and Pacific Green Energy Group have signed a memorandum of understanding for the supply of 5GWh of battery systems by 2028, reinforcing their activities in the Australian and international energy storage market.
HyperStrong secures 200 GWh of CATL batteries in ten-year strategic agreement
HyperStrong commits to purchase at least 200 GWh of battery cells from CATL by 2028, as part of a strategic partnership aimed at structuring a global energy storage ecosystem.
Europe urged to invest massively in long-duration energy storage to save €103bn
A report urges European states to rapidly deploy long-duration energy storage technologies, deemed essential to avoid building obsolete gas assets and reduce grid costs by 2040.
LibertyStream signs strategic agreement with Packet Digital for US lithium carbonate
LibertyStream has signed a memorandum of understanding with Packet Digital to secure a local supply of lithium carbonate for industrial and military battery production, backed by approximately $2.7mn in funding.
Rondo Energy commissions industrial heat battery in Thailand
US-based Rondo Energy and SCG Cleanergy have completed the installation of a 33 MWh heat battery at a cement plant in Thailand, the first of its kind in Southeast Asia, delivering steam to power a turbine for industrial electricity generation.
Entech and Primeo Energie launch joint venture for 100 MW of battery storage by 2029
Entech and Primeo Energie create Primtech Batteries to develop battery electricity storage projects in France and the European Union, targeting 100 MW installed by 2029.
NineDot Energy and Solar One launch education programme on energy storage in New York
Three New York public high schools are introducing a new energy storage module this year, through a partnership between NineDot Energy and Solar One aimed at preparing students for careers in distributed energy.
Nuvve invests $10mn in three energy storage projects in Denmark
Nuvve Holding Corp. plans three 2MW battery installations in Eastern Zealand to strengthen the Danish grid and optimise revenues through its proprietary software platform.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

START - 99$/year

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.