Erex and Samsung C&T Japan Agree to Promote Integrated Decarbonization Project Centered in Niigata

Building upon the track record of collaboration in biomass fuel supply and BESS business, the two companies will leverage respective expertise and business foundations to explore collaboration on projects utilizing decarbonized power sources.

Going forward, the two companies will explore specific areas of collaboration in the following fields and aim to establish a concrete business framework by the end of the year.

• Development and utilization of decarbonized power sources, including the “erex Niigata” (tentative name) biomass power plant
• Collaboration in the fuel business to contribute to stable operation of biomass power generation
• Collaboration in the BESS business
• Joint exploration of new business opportunities in the AI era

The two companies have a track record of collaboration in areas such as biomass fuel supply and a grid-scale BESS business in Kushima City, Miyazaki Prefecture. Building upon these initiatives, this MOU aims to further expand the scope of cooperation.

PHOTO: From left: Mr. Lee Jae-eon, President & CEO, Samsung C&T Trading & Investment Group;
Mr. Jung Wonseok, Representative Director & President of Samsung C&T Japan;
Toshimichi Tanaka, Managing Director, erex; and Hitoshi Honna, Representative Director & President, erex