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sur ENERTIME (EPA:ALENE)

ENERTIME Signs a Representation Agreement for Taiwan and Strengthens its Presence in Asia

Graphique de l'évolution du cours de l'action ENERTIME (EPA:ALENE).

The French company ENERTIME (FR0011915339 – ALENE), specialized in “Cleantech” technologies for industrial energy efficiency and renewable energy production, announces a new representation agreement. This exclusive partnership was established with Tai-Fung Group, a trading company based in Taipei, active since 1949 in the energy sector.

Taiwan, with its untapped geothermal resources and heavy industries, is a strategic market for ENERTIME. The company is targeting industries such as cement, glass and petrochemicals for the implementation of its Organic Rankine Cycle (ORC) and high temperature heat pump systems.

ENERTIME is also strengthening its presence in the Philippines, Thailand, China, Korea and India. In the Philippines, the electric geothermal market is promising. In Thailand, ENERTIME is capitalizing on a 1.8 MW ORC project to expand its offering. The company is also exploring collaborations in China and has signed partnerships in Korea and India to integrate its turbines manufactured in France.

Gilles David, CEO of ENERTIME, underlines that this agreement with Tai-Fung Group validates the relevance of their technological offering in Asia and internationally.

R. P.

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