SEOUL,
South Korea, Jan. 6, 2025
/PRNewswire/ -- Hithium is pleased to announce the signing of a new
global partnership with Samsung C&T Engineering &
Construction group, a leading construction company renowned for its
engineering, procurement, and construction expertise in large-scale
projects.
Going forward, Hithium and Samsung C&T will endeavor to work
closely aiming to secure more opportunities for energy storage
execution projects worldwide, with a project pipeline estimated to
be around 10GWh in terms of the total BESS capacity.
By joining forces, Hithium aims to leverage its extensive
experience in energy storage to provide Samsung C&T with
comprehensive solutions, fostering a unified response to the
expanding global energy storage market. Additionally, this
partnership will streamline supply chain integration and facilitate
resource sharing, thereby enhancing joint competitiveness in the
global industry.
The partnership was formalized at Hithium headquarters in
Xiamen, China, marking a
significant milestone in the companies' collaborative efforts.
"We are excited to partner with Samsung C&T as we work
together to address the evolving energy storage landscape," said
Nazar Yi, Vice President of Hithium.
"This collaboration will not only strengthen our capabilities but
also accelerate the deployment of innovative energy solutions on a
global scale."
About Hithium
Founded in 2019, Hithium is a leading manufacturer of
top-quality stationary energy storage products for utility-scale as
well as commercial and industrial applications. With four distinct
R&D centers and multiple "intelligent" production facilities,
Hithium's innovations include groundbreaking safety improvements to
its lithium-ion batteries as well as increases in lifecycle. With
decades of cumulative experience in the field among its founders
and senior executives, Hithium leverages its specialization in BESS
to deliver partners and customers unique advances in energy
storage. The company is headquartered in Xiamen, China, with locations in Shenzhen, Chongqing, Munich, Dubai, New
York, California and
Dallas. To date, Hithium has
shipped 50+ GWh of BESS products (cells, systems, and others),
ranking as the Tier 1 BESS supplier and the top 5 global market
share.
About Samsung C&T Corporation
Samsung C&T Corporation is a global leader in engineering,
construction, trading, and investment, committed to creating
sustainable solutions for a better future. Established in 1938 and
headquartered in Seoul, South
Korea, the company operates across diverse industries,
including infrastructure development, renewable and nuclear energy
and real estate. With an unwavering focus on innovation, quality
and sustainability, Samsung C&T leverages its extensive
expertise and global network to deliver transformative projects and
solutions across 44 countries in 122 offices worldwide.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/hithium-and-samsung-ct-corporation-forge-global-partnership-302343716.html
SOURCE HiTHIUM Energy Storage
