Eltek Korea announced the formation of Eltek UVC in order to maintain worldwide competitiveness in the hydrogen energy sector. Eltek UVC was formed as an affiliate of Eltek Korea in order to join the outside market in earnest.
Eltek UVC is a joint venture between Eltek Korea and UVC (CEO Lee Ji-young), a complete energy consultancy firm, formed through joint investment. Eltek Korea’s CEO Se-ho Kim and UVC’s CEO Ji-young Lee have agreed to serve as co-CEOs.
Furthermore, through Eltek UVC, the two firms have chosen to accelerate the smart city business’ based on hydrogen energy. The Middle East is an important target market. The objective is to take advantage of UVC’s Middle East network to its utmost potential.
“As the importance of eco-friendly renewable energy grows, the need for hydrogen energy-based smart city development is likely to grow dramatically,” said Se-ho Kim, CEO of Eltek Korea. “UVC CEO Lee Ji-strong young’s Middle East network, which he has built over the last 15 years, will become his competitive advantage,” he continued. “With Eltek UVC, we will lead the worldwide market,” he added.
