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Enertech & Ewha Technologies Information to Establish a Battery Pack Joint Factor and Target the Middle East Nuclear UPS Market
A medium-sized domestic battery maker and a power equipment manufacturer will establish a joint battery plant to target the Middle Eastern nuclear power plant market. Enertech International (hereafter Enertech) and Ewha Technologies Information plan to build a battery factory for Uninterruptible Power Supply (UPS) that uses the power saved and stored, in case when nuclear power plants in the Middle East are shut down, to accelerate their expansion into the Middle Eastern market. When the plant construction is completed, Enertech and Ewha Technologies Information plan to speed up their battery business in Saudi Arabia and the nuclear power plant market in the Middle East.