In 2021, EGCO Group and its joint ventures established Innopower Company Limited with an objective to generate additional income from innovative energy and technology businesses of the future (New S-Curve). This is established through developing a market for new products in energy and continuing research on innovation and inventions of EGCO Group via R&D Spin-off department.

EGCO Group also invests in start-up businesses in the energy industry which allows EGCO Group to quickly and sustainably respond to changes and energy disruptions within the industry.

Description of open innovation are described in

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