SEOUL, Nov. 30 (Korea Bizwire) — SK On, the new battery spinoff of SK Innovation Co., has launched a pilot project to churn out eco-friendly energy storage system (ESS) using the batteries collected from scrapped electric vehicle batteries.
The company said Monday that it had signed a business agreement with the state-run Korea Electrical Safety Corp., major builder SK Ecoplant Co. and local electric power IT firm KD Power Co. to develop an ESS in a construction site.
SK On will produce eco-friendly ESS using the batteries collected from scrapped EVs together with KD Power.
Over the next two years, the companies will demonstrate the eco-friendly ESS by installing them in the temporary power facility of an apartment complex located in Anyang, Gyeonggi Province currently being built by SK Ecoplant.
The Korea Electrical Safety Corp. will regularly check the safety of the recycled ESS, while establishing detailed technological standards to promote the expansion of the ESS industry using recycled batteries.
During the demonstration period, SK On will verify the performance and safety of the recycled ESS by collecting and analyzing ESS operational data and develop a foothold to promote the new businesses based on recycled batteries.
Kevin Lee (kevinlee@koreabizwire.com)