On May 27, 2025, REPT BATTERO and Hyosung Heavy Industries signed a Memorandum of Understanding in Seoul to collaborate on battery energy storage systems. Under the agreement, REPT BATTERO will supply 2.5 GWh of energy storage products, including cells, modules, and DC containers, and will provide technical support for system design integration and quality control. Hyosung Heavy Industries will handle global marketing, regional localization, and regulatory certification. Both companies aim to leverage this partnership to advance scalable and sustainable energy storage technologies in international markets.
REPT BATTERO will deliver its high-efficiency energy storage batteries to support Hyosung’s electrification projects, while Hyosung Heavy Industries will utilize its established global network and power industry expertise to promote these energy storage solutions. Through this supply partnership, the two firms intend to strengthen their positions in the global energy storage sector and contribute to the energy transition by tackling climate change challenges and enhancing grid stability.
Woo Tae-hee, the CEO & President of Hyosung Heavy Industries stated, “Hyosung Heavy Industries is dedicated to becoming a global leader in energy solutions, and this collaboration will further solidify our market positions in the energy storage sector. We will closely collaborate with REPT BATTERO to deliver innovative products and services to global customers.”
Feng Ting, the CEO & President of REPT BATTERO remarked, “This signing marks a significant breakthrough in market synergy between Chinese and South Korean energy storage enterprises. As a global leading battery technology supplier, REPT BATTERO’s high-efficiency energy storage batteries complement Hyosung Heavy Industries’ deep expertise in the global power industry. Through deep cooperation, the two sides will provide professional products and services to more overseas customers.”
Founded in 1977, Hyosung Heavy Industries is known for its high- and ultra-high-voltage power equipment and energy infrastructure. The company holds the top market share for power transformers in Korea, about 40 percent of the domestic low-voltage motor market, and leads the 400 kV transformer market in Europe. With extensive EPC experience and system engineering capabilities, Hyosung supplies reliable power systems across the Middle East, Southeast Asia, the Americas, and Europe.
The strategic partnership underlines both companies’ commitment to delivering energy storage solutions that support global decarbonization, decentralization, and digitalization efforts in the energy sector.
Source: PR Newswire