on ENERTIME (EPA:ALENE)
ENERTIME Signs Representation Agreement in Taiwan and Expands in Asia
ENERTIME (FR0011915339 – ALENE), a French "Cleantech" company, has signed an exclusive representation agreement with the Taiwanese trading company Tai-Fung Group. This strategic move follows similar agreements in India, China, and Korea.
Tai-Fung Group, based in Taipei, is active in the energy sector and represents major industrial clients globally. The agreement is aimed at leveraging Taiwan's untapped geothermal resources and heavy industries for ENERTIME's ORC technology and high-temperature Heat Pumps.
ENERTIME is also expanding in the Philippines and Thailand. In the Philippines, the focus is on the electric geothermal market, while in Thailand, ENERTIME is offering ORC systems through a local partner.
In China, ENERTIME is in talks with large industrial groups for new manufacturing licenses, and in South Korea and India, the company has signed partnership agreements to integrate its French-made turbines locally.
CEO Gilles David sees the agreement with Tai-Fung Group as a validation of ENERTIME's offerings in Asia and globally, noting the importance of energy efficiency and non-intermittent, CO2-free energy production.
R. P.
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