In 2021, EGCO Group and its joint ventures established Innopower Co., Ltd. with the objective to generate additional revenue from energy innovation and new S-curve businesses by seeking new energy markets and products and aiming to extend the research in innovation and inventions and steering those projects into commercial level via R&D Spin-off Department.

The investment in a start-up that is a new wave business of the energy industry ensures EGCO Group to withstand the change and respond to the energy disruption in a timely, appropriate, and sustainable manner.

Details of open innovation are provided in:

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